Ai Will Help Google Parent Alphabet Navigate A Challenging Macro Environment Say Analysts
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Google Parent Alphabet Looks to Continue Revenue Growth
The search giant has reported four straight quarters of accelerating sales growth and been investing in artificial-intelligence technology. Still, Google’s advertising sales last quarter fell short of expectations.The Wall Street Journal - World - Google -
Google and Microsoft Cushion Their AI Capital Pains
Record-high capital expenditures come as both core businesses are performing well.The Wall Street Journal - World - Google -
How active ETFs could help investors navigate recent wild swings in the stock market
Signs of improving market breadth, beyond the tech giants, creates opportunities for the new wave of active exchange-traded funds.MarketWatch - Business -
Google Thinks It Can Cash In on Generative AI. Microsoft Already Has
While both Alphabet and Microsoft boasted strong quarterly earnings, only one tech giant showed that its generative AI bet is starting to pay off.Wired - Tech - Google -
TikTok's Chinese parent firm says no plans to sell
The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.BBC News - Top stories - Tiktok -
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.The Wall Street Journal - World -
Google says it will miss target for ending third-party cookies
Google said Tuesday that it will no longer be able to complete its phaseout of third-party cookies by the end of 2024. “We recognize that there are ongoing challenges related to reconciling divergent feedback from the industry, regulators and ...The Hill - Politics - Google -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Google Sales Accelerate as Ad, Cloud Businesses Hold Up Amid Costly AI Push
Parent company Alphabet reported $80.5 billion in first-quarter revenue, a 15% increase from a year earlier, as the company said it plans to pay a cash dividend to investors for the first time.The Wall Street Journal - Business - Google -
Tennessee lawmakers OK bill criminalizing adults who help minors get gender-affirming care without parent's permission
Tennessee lawmakers OK bill criminalizing adults who help minors get gender-affirming care without parent's permissionABC News - Health -
Molson Coors’ gains from the Bud Light boycott have run their course, analysts say
When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday.MarketWatch - Business -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
Ukraine is getting a new type of laser-guided bomb that can pummel 'soft' Russian targets, analyst says
Yahoo News - World - Ukraine -
Roku warns of tougher bar for growth ahead. An analyst says that is its ‘fundamental risk.’
TV-streaming service Roku Inc. on Thursday forecast second-quarter sales that were above expectations, but warned of a higher bar for growth up ahead and moderating profit in the second half of the year.MarketWatch - Business -
Google's parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.
Google’s parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.The Wall Street Journal - World -
Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises
Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil. Shares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed ...The Guardian - World -
Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.CNBC - Business -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Estée Lauder and Microsoft partner to help beauty brands use generative AI
Estée Lauder partners with Microsoft to form AI Innovation Lab to research and develop gen AI beauty solutions for its 20+ brands.VentureBeat - Tech - Microsoft -
Blinken says China helping fuel Russian threat to Ukraine
The US Secretary of State was speaking to the BBC at the end of a three-day trip to China.BBC News - Top stories - China -
Democrats Try to Navigate a Looming Strike in North Carolina
More than 7,000 U.A.W. workers at Daimler Truck plants in North Carolina are set to strike at midnight in a labor action that could carry political consequences.The New York Times - Top stories -
Blinken says he challenged China's Xi on Russia war support
America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations.BBC News - Top stories - China -
Macro concerns kept games investors cautious in Q1 2024 I InvestGame
Gaming investments totaled $2.2B in Q1 2024 according to InvestGame. Investors remain risk-averse with few exit options on the table.VentureBeat - Tech -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
AI could kill off most call centres, says Tata Consultancy Services head
Chatbots will soon take over much of the work of human agents, forecasts chief of Indian IT groupFinancial Times - Business - Artificial Intelligence -
Pep Guardiola says Phil Foden’s ‘third kid’ can help him reach full potential
Manchester City playmaker and partner expecting third childGuardiola: ‘It’s a question of time. He can improve a lot’Pep Guardiola has said the the third child Phil Foden and his partner are expecting may help the Manchester City playmaker reach ...The Guardian - World -
Ukraine pushes to get military-age men to come home. Some neighboring countries say they will help
Ukraine’s foreign minister has doubled down on the government’s move to bolster the pool of fighting forces by cutting off consular services to conscription-age men outside the countryABC News - World - Ukraine -
Trump Media Analyst Coverage: No Word From the Street
Brokerages that cover other social media platforms aren't reporting on Truth Social's parent company, one of the most traded stocks on Wall Street.Inc. - Business - Donald Trump -
Does a fixed-rate HELOC make sense in today's elevated rate environment?
There are benefits to considering a fixed-rate HELOC in today's economic climate, but there are downsides, too.CBS News - Top stories -
McConnell says Zelenskyy acknowledged GOP’s ‘big challenge’ on Ukraine aid during conversation
During an interview with Meet the Press, Senate Minority Leader Mitch McConnell (R-Ky.) reflects on his conversation with Ukrainian President Volodymyr Zelenskyy and the future of isolationist views in the Republican Party.NBC News - Politics - Ukraine -
AI could kill off most call centres, says Tata Consultancy Services head
Chatbots will soon take over much of the work of human agents, forecasts chief of Indian IT groupFinancial Times - World - Artificial Intelligence -
Athletic director used AI to frame principal with racist remarks in fake audio clip, police say
Authorities in Maryland say a high school athletic director used artificial intelligence to impersonate a principal on an audio recordingABC News - Tech -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
OpenAI, Meta and Google Sign On to New Child Exploitation Safety Measures
AI developers say they will work to throttle the creation of sexualized images of children.The Wall Street Journal - Tech - Google -
The National Enquirer’s Parent Company Struggles To Find A Buyer
The parent company of The Enquirer, the tabloid now famous for its ties to former President Donald J. Trump, has tried repeatedly to sell the publication. It hasn’t been easy.The New York Times - Business -
New Energizer Battery Warns Parents if Their Child Has Swallowed It
The new battery by Energizer, with “color alert technology,” comes nearly two years after a report warned that more children were swallowing batteries.The New York Times - Business -
The National Enquirer’s Parent Company Struggles To Find A Buyer
The parent company of The Enquirer, the tabloid now famous for its ties to former President Donald J. Trump, has tried repeatedly to sell the publication. It hasn’t been easy.The New York Times - Top stories -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World