Arvest Bank is accelerating its digital transformation, using Google Cloud to modernize operations and enhance customer service. As part of the initiative, the financial institution has migrated 40% of targeted applications to the cloud, leading to a 98% reduction in on-premises servers at one data center since 2022, Mark Chastain, executive director for IT and…
For the most part, the Magnificent Seven are must-owns, in my view. That’s because these businesses offer everything that I like to see as an investor. The growth prospects of these companies are exceptional with strong balance sheets. Alphabet, or Google (GOOGL), is no exception to this rule. After reviewing Google’s third-quarter earnings report, I…
By Jeffrey Dastin NEW YORK (Reuters) -Alphabet, the Google parent that has pioneered self-driving cars and quantum computing, is making its biggest bet much closer to home: online search. Applying artificial intelligence to the search business that made Google a household name remains the largest gambit for the company, Ruth Porat, Alphabet’s president and chief…
Microsoft is reportedly facing a $1.27 billion lawsuit in the UK. According to a Reuters report, the software giant has been accused of unfairly overcharging customers of rival cloud companies. Microsoft offers discounted pricing for companies using Windows Server on Azure compared to competitors like AWS, Google Cloud, or Alibaba Cloud. This pricing strategy, the…
September is historically a bad month for stocks. The ninth month of the year is the only month when the historic average performance of each of the major stock indexes is a negative number. But if you have a long-term investing mindset, the September sell-off could present a great opportunity. Not only do the winter…