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After getting banished from this exclusive list of long-term leaders, Copart returns and pops back into buy range...
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The Nasdaq has reached a new high for the first time since 2021. What's next?...
Continue ReadingThe gaming industry is facing mass layoffs...
Continue ReadingThe Alphabet story is showing cracks. Shares are flat this year, trailing the 8% gain for the Nasdaq Composite, and the 42% rise for digital advertising rival Meta Platforms...
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Amazon's new "inbound placement" and low-inventory fees have sellers rattled—and questioning how they'll survive...
Continue Reading(Bloomberg) -- Alphabet Inc.’s Google is laying off a handful of employees on its trust and safety team as part of broader staff cuts, even as it’s asking members of that group to be on standby over the weekend in order to troubleshoot problematic outputs related to its flagship generative AI tool, Gemini.Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOElon Musk Sues OpenAI and Altman for Breaching F...
Continue ReadingEpic Games, Spotify, Proton, 37signals and other developers had already signaled their displeasure with how Apple has chosen to adapt its rules to meet the requirements of the new EU regulation, the Digital Markets Act (DMA), calling it "extortion" and "bad-faith" compliance, among other things. Now those companies have formalized their complaints in a letter addressed to the European Commission, where they collectively argue that Apple has made a mockery of the new law and urge the EC to take "...
Continue ReadingBaidu Inc (NASDAQ: BIDU) reported a stellar performance during the last three months of 2023 as it continues its strategic shift towards the AI landscape. Often dubbed as China’s Google, Baidu’s results showed substantial resilience and even growth amid a complex macroeconomic environment. But being labeled as China’s Google also comes with high expectations, ones that Baidu didn’t succeed to meet with its fourth quarter results as AI spending drained its bottom line. However, while Google and C...
Continue ReadingApple has reversed a decision to block web apps in the European Union that bypass its 30% App Store fees by selling subscriptions directly through their websites, the company said on Friday, after the move invited scrutiny from regulators. It had cited complex security and privacy concerns as reasons behind its decision to remove the so-called home screen web apps, which can be launched as a standalone app on a device. The apps are expected to return to iPhones with the iOS 17.4 update in early March, Apple said in a post on its website...
Continue ReadingInternational Business Machines' Watson has growth potential in industries like healthcare, customer service, and financial services. Learn more about IBM stock here...
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