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Elon Musk is thinning Tesla's senior management and laying off hundreds more employees, frustrated by falling sales and the pace of layoffs so far, The Information reported early Tuesday, citing an email sent by the CEO to senior executives. Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of new products, will leave on Tuesday morning, The Information reported. In the email, Musk also said he would dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group, The Information said...
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Microsoft is well-positioned for growth in cloud computing and AI. Read why I think MSFT stock is a name everyone should have in their portfolio...
Continue ReadingFor long-term investors, it’s hard to underestimate the value of dividends. Luckily, companies may be more generous with their payouts in 2024. The year has already brought good news for yield-hungry investors, as two major players— Facebook parent Meta and Google parent Alphabet —announced they would start paying dividends...
Continue ReadingEvery other stock in the S&P 500 with a market capitalization north of $1 trillion pays a dividend. What is Amazon waiting for?...
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Target's EPS recovery story remains intact, while the technicals auger for a consolidation. See why TGT stock is a Hold...
Continue ReadingMarkets finally turned positive late last week due to better-than-expected results from big tech...
Continue Reading(Bloomberg) -- Asian stocks advanced Tuesday after Wall Street was bolstered by a strong start to the earnings season led by the “Magnificent Seven” big-tech companies.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Intervention Suspicion After U-Turn From 1990 LowsWhat 60,000 Headlines Say About the Fed’s Next MoveEquity benchmar...
Continue ReadingAfter Alphabet's (GOOGL) exhilarating quarterly results last week, Wall Street will be eying its big tech peer and cloud computing rival Amazon's (AMZN) Q1 report on Tuesday, April 30...
Continue ReadingMicrosoft surpassed analyst expectations with revenues of $61.86B and annualized revenue growth of 17% in Q3. Check out the technical analysis of MSFT stock...
Continue ReadingGoogle's trying to make waves with Gemini, its flagship suite of generative AI models, apps and services. So what is Gemini? How can you use it? And how does it stack up to the competition? To make it easier to keep up with the latest Gemini developments, we've put together this handy guide, which we'll keep updated as new Gemini models, features and news about Google’s plans for Gemini are released. What is Gemini? Gemini is Google's long-promised, next-gen GenAI model family, developed by Goog...
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