Alphabet has made some modestly sized acquisitions in recent years, including its $2.1 billion purchase of smartwatch maker Fitbit in 2021 and its $5.4 billion acquisition of cybersecurity company ...

Palihapitiya predicted Big Tech's downfall in 2020 due to global pressures but 5 years later, Meta & Alphabet's stocks have soared.

Big Tech stocks were under pressure Wednesday, as shares of U.S. stock market giants, including Google parent Alphabet Inc., struggled in the wake of their recently reported earnings results.