Latest in Alphabet shares drop as much as 9% on revenue miss, soaring AI investments
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Alphabet shares drop as much as 9% on revenue miss, soaring AI investments
Alphabet reported fourth-quarter earnings on Tuesday after the close of regular trading.CNBC - 2h -
Alphabet shares sink after cloud growth stalls and spending surges
Google parent vows to spend $75bn this year on data centres to meet rampant demand from artificial intelligenceFinancial Times - 3h -
Snap shares soar on better-than-expected profit and revenue
Snap reported better-than-expected fourth-quarter results Tuesday but issued earnings guidance that trailed estimates.CNBC - 4h -
AMD reports profit beat, but misses on data center revenue
AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts' estimatesCNBC - 5h -
Grammy Awards Audience Drops 9%
The awards show drew 15.4 million people this year, down from nearly 17 million last year.The New York Times - 11h -
Google parent Alphabet’s earnings disappoint Wall Street amid stiff AI competition
Revenue slowdown reflects ‘challenging year’ firm has had and 2025 may be year it loses competitive edge, say analysts. Shares of Google’s parent company Alphabet fell more than 6% after the ...The Guardian - 5h -
People have cut back on salty snacks, and PepsiCo misses on revenue again
PepsiCo’s stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America.MarketWatch - 12h -
Apple shares rise 3% as boost in services revenue overshadows iPhone miss
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 5d -
Shares of fashion giant H&M drop as fourth-quarter sales miss estimates
Shares of H&M dropped on Thursday after the world's second-largest retailer missed sales forecasts in the fourth quarter.CNBC - 5d -
Caterpillar misses on revenue again, warns of a decline in 2025
Caterpillar’s stock falls after streak of revenue misses was extended, and the full-year outlook was for a surprise decline.MarketWatch - 5d -
Microsoft shares slip on weak quarterly revenue guidance
Microsoft intends to address execution challenges in its key cloud unit, while continuing to endure supply constraints.CNBC - 6d -
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.CNBC - 6d -
Meta shares pop after company beats on revenue
Meta reported earnings after the bell. Here are the results.CNBC - 6d -
IBM shares rise 9% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.CNBC - 6d -
Intel’s CEO Search Continues as Revenue Drops
After its worst annual performance in decades, the chipmaker faces investor questions about its strategy and leadership.Inc. - 6d -
Alphabet shares close above $200 for first time on split-adjusted basis
Investors are growing more bullish on Alphabet as the company speeds up its AI development.CNBC - Jan. 24 -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Musk undercuts Trump on Stargate AI investment announcement
Open AI CEO Sam Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son appeared alongside President Donald Trump to announce the Stargate plan.CNBC - Jan. 23 -
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.CNBC - Jan. 23 -
Trump highlights partnership investing $500 billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBankABC News - Jan. 22 -
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
The fourth quarter was the last for which Netflix will report quarterly paid subscriber counts.CNBC - Jan. 21 -
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
Shares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines.NBC News - Jan. 21 -
US share of global foreign direct investment surges to record
‘Exceptionalism’ of world’s biggest economy expected to continue as strong domestic demand drives inward flowsFinancial Times - Jan. 21 -
Suess Microtec Shares Soar After Forecast-Beating Results
Shares in the German chip-equipment supplier surged after it reported full-year results that exceeded guidance, boosted by AI’s growing momentum.The Wall Street Journal - Jan. 17 -
Morgan Stanley earnings jump on soaring trading and dealmaking revenues
Rival Goldman Sachs similarly reported robust performance in markets and investment banking unitsFinancial Times - Jan. 16 -
How Much Are Donald Trump’s Truth Social Shares Worth?
The incoming president of the United States is also a social media mogul. We’re keeping a running tally of his stake in Truth Social—and how his fortunes change with its ups and downs.Wired - Jan. 16 -
Bitcoin soared in 2024. How much — if any — should you own?
Bitcoin prices soared in 2024.NBC News - Jan. 11 -
Bitcoin soared in 2024. How much — if any — should you own?
The crypto asset was the top performer in 2024, rising about 125%. But finance pros say bitcoin should generally not account for over 5% of your portfolio.CNBC - Jan. 11 -
Chinese toymaker taps ‘kidult’ craze as shares soar on Hong Kong debut
As birth rates fall in Asia, companies focus on nostalgic toys for young adultsFinancial Times - Jan. 10 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
Why eggs are nearly $9 a dozen in California — and when prices could drop
Egg prices at the grocery store shocked many consumers over the recent holiday season, and those prices are expected to continue to climb after an unanticipated spike in the number of bird flu ...MarketWatch - Jan. 8 -
Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - Jan. 7