Who will use Google search? Alphabet drops
May 08, 2025•8 min•Ep. 43
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
Shares rose overnight, with investors hopeful US-China talks will lead to tariff de-escalation. But we saw a sharp drop in Alphabet on news its search volume declined, with AI investors turning to other stocks such as Nvidia. ANZ Bank reported 'strongest ever half-year revenue', rounding out solid results from the big three banks reporting for this season. Commodity prices dipped as the US dollar rose, but may not stay that way for long.
Securities mentioned include Invesco QQQ Trust, ProShares UltraPro QQQ ETF, Apple, iShares Bitcoin Trust, Alphabet, ANZ Bank, Sandfire Resources, Nvidia, National Australia Bank
For the best experience, listen in Metacast app for iOS or Android