Market Moves
Nasdaq 100 Is Just Halfway Through Its Plunge, Says Morgan Stanley
The firm’s Michael Wilson sees a further reckoning for the home of the biggest tech names.
Tag: Google
Overvalued Stocks: What Would Make Sky-High Multiples Drop?
This top-heavy bull market, led by a handful of tech leviathans, could unexpectedly get a lot cheaper. Here’s how.
Why Are We Still Using the P/E Ratio?
The storied multiple takes a lot of flak, but maybe it has value after all.
Alternatives
Google Executes ‘The Largest Renewable Energy Purchase’ in Corporate History
Tech giant dishes out $2 billion to bring their renewable energy capacity to the equivalent of one million solar rooftops.
Newsmakers
Ontario Teachers Tags With Alphabet to Launch Tech-based Infrastructure Company
New firm spun out of Google parent’s urban innovation business.
Market Moves
Chuck Schwab Mulls Company’s Leaving Costly San Francisco
Financial giant’s founder, apparently not serious, joins locals in kvetching about city’s high prices.
Newsmakers
New Zealand Super’s Proxy Drive Against Big Tech Grows to 23 Institutions
Outraged by social media’s showing of the Christchurch massacre, the pension fund enlists other plans to push its cause.
New Zealand Super Leads Christchurch Charge Against Tech Lords
National five-fund coalition targets Facebook, Google, and Twitter’s ‘severely damaged’ content-sharing functions.
Regulation
Rhode Island Retirement to Lead Class Action Lawsuit against Google
Google’s failure to disclose security breaches ‘necessitate legal remedy,’ pension says.
Newsmakers
NYC Comptroller Calls on CBS, Alphabet to End ‘Inequitable Practices’
Proposals demand end to nondisclosure agreements and noncompete clauses.
Newsmakers
Google Sued over Data Breach by Rhode Island
Lawsuit alleges executives at Alphabet Inc. hid vulnerability that allowed 52 million users' privacy to be compromised.
Newsmakers
Soros Rips Facebook, Google at Davos
Warns of Orwellian levels of control if more stringent monopoly policies are not applied.
