The Ratings Game Broadcom Stock Powers Toward New Record As Analyst Sees Accelerating Google Ai Orders
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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 -
Stock Gains by Google and Microsoft Show a Payoff for AI Shift
Investors see short-term gains from tech giants that are pouring resources into AI, which is driving the sector's market rise.Inc. - Business - Google -
Royal Caribbean sees record bookings as demand for experiences and travel grow
There were a lot of records associated with Royal Caribbean’s first-quarter report, including ticket pricing, bookings and the stock, as demand for cruises remained “very robust.”MarketWatch - Business -
Oracle doubles down on generative AI with new features to accelerate enterprise deal cycles
With the new features and the ones announced last month, Oracle now has more than 50 generative AI smarts handling different functions across Fusion Cloud applications.VentureBeat - Tech -
The Biden administration is consolidating approval authority over big power-grid projects to accelerate upgrades and provide access to a gusher of new clean-energy projects.
The Biden administration is consolidating approval authority over big power-grid projects to accelerate upgrades and provide access to a gusher of new clean-energy projects.The Wall Street Journal - World - Joe Biden -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
The NBA is advancing toward a series of major media deals, with Amazon and Google's YouTube vying for a new streaming package.
The NBA is advancing toward a series of major media deals, with Amazon and Google’s YouTube vying for a new streaming package.The Wall Street Journal - World - NBA -
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 -
Cohere releases toolkit to accelerate generative AI app development in the enterprise
Cohere's new developer toolkit is an open-source repository to build retrieval-augmented generation AI apps, reducing time to market to days.VentureBeat - Tech -
Magnificent Seven Power Stocks' Rebound
Nasdaq’s gains accelerated Friday while energy stocks edged lower amid earnings reports from Exxon and Chevron.The Wall Street Journal - World -
Microsoft Hopes to See Continued AI Mania
Investors will be watching how enthusiasm over artificial intelligence technology is fueling demand for Microsoft’s cloud services.The Wall Street Journal - World - Microsoft -
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 -
U.S. Fertility Rate Falls to Record Low
Fewer babies were born in the U.S. in 2023 than any year since 1979.The Wall Street Journal - World -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
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 -
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 -
Meet the AI Expert Advising the White House, JPMorgan, Google and the Rest of Corporate America
Ethan Mollick at the University of Pennsylvania has become the go-to authority on the new technologyThe Wall Street Journal - Tech - Google -
U.S. birth rate drops to record low, ending pandemic uptick
CDC's provisional figures show a 2% decline in births from 2022 to 2023.CBS News - Top stories -
CEOs are quitting at record rates, and women are twice as likely as men to leave
Women CEOs are twice as likely as men to quit within 2 years, and four times as likely to leave within 1 year.CNBC - Business -
American Airlines’ stock jumps after an upbeat profit outlook and record revenue
American Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter, as revenue rose to record levelsMarketWatch - Business -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - World -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectationsFinancial Times - Business - Microsoft -
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectationsFinancial Times - Business - Microsoft -
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 -
NBA playoffs: Heat even series vs. Celtics with franchise record in 3-pointers, Thunder dominate Pelicans
The Thunder did No. 1 seed things. The Celtics not so much.Yahoo Sports - Sports - NBA -
Brad Marchand's historic performance powers Bruins to Game 3 win
There wasn't a single facet of Game 3 where Brad Marchand didn't make a positive imapct for the Bruins in their 4-2 win against the Leafs.Yahoo Sports - Sports -
Pending home sales see unexpected jump in March, despite rising mortgage rates
U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.MarketWatch - Business - Mortgage -
Rubrik’s stock pops in IPO debut as CEO sees big opportunity in data protection
Rubrik seemed to check off the right boxes for investors Thursday as its stock surged in its public debut.MarketWatch - Business -
Trump trial sees new witnesses to close out first week of testimony
Prosecutors in former President Donald Trump's criminal trial in New York called two new witnesses to the stand on Friday, rounding out the first week of testimony.CBS News - Top stories - Donald Trump -
2024 NFL Draft rumors: Betting markets see noticeable movement toward Patriots drafting J.J. McCarthy
Do the sportsbooks know something we don't about New England's draft plans?CBS Sports - Sports - NFL -
CARV raises $10M to build out modular data layer for gaming and AI
CARV announced that it's raised $10 million in funding to expand its modular data layer for gaming and AI.VentureBeat - Tech -
Hertz to sell 10,000 more EVs than planned, and stock suffers record plunge
Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.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 -
Prosecutors Say Trump Keeps Breaking Gag Order, With Four New Violations
The judge in his criminal case is already considering whether to punish the former president for statements about jurors and witnesses in the case.The New York Times - Top stories - Donald Trump -
Air Conditioning and AI Are Demanding More of the World's Power---Renewables Can't Keep Up
Rapid growth of renewable power has been a bright spot in the energy transition, but soaring demand could make all of those gains moot.The Wall Street Journal - World -
WATCH: Olympic champion soars to new ski jump record
Japanese Olympic champion Ryoyu Kobayashi soared to a world record 291m (around 954 ft.) ski jump, shattering the ski flying and ski jump world records.ABC News - Top stories -
Biden’s New Power Plant Rules: 5 Things to Know
The administration issued a major climate regulation aimed at virtually eliminating carbon emissions from coal, the dirtiest of the fossil fuels and a driver of global warming.The New York Times - World - Joe Biden -
Biden’s New Power Plant Rules: 5 Things to Know
The Biden administration released a major climate regulation aimed at virtually eliminating carbon emissions from coal, the dirtiest of the fossil fuels and a driver of global warming.The New York Times - Top stories - Joe Biden