Apple. Microsoft. Saudi Aramco. And now Alphabet.The club of public companies worth $1 trillion added a new member this week, with Google's parent company topping that valuation on Thursday. It's the first time three American companies have been worth at least $1 trillion at the same time.The view from Mountain View: Alphabet shares have already gained more than 8% this year.
Universal makes its streaming playThe streaming field is becoming increasingly crowded. What better way to stand out than giving away your service for free?Media and investors got a first look at Universal's Peacock on Thursday — and the biggest surprise was the price point offered by parent company Comcast , my CNN Business colleague Frank Pallotta reports.The company will offer a version of the service known as"Peacock Free," a no-cost, ad-supported option for any consumer, regardless of their cable provider.
's late night shows, will be free to Comcast subscribers and cost $4.99 for everyone else. Want to ditch ads altogether? That will be $9.99.Daniel Ives, an analyst at Wedbush Securities, called the plan to make money through commercials"a smart move" and a"key differentiator" that could help lure viewers from other platforms. Time will tell; the service launches to existing customers on April 15. Up nextState Street reports earnings before US markets open.
Cool!
too bad they don’t pay taxes
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