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The company has also decided to slash locations for a big-name sporting goods retailer while closing hundreds of mall stores...
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Images and audio are all being designed into the next generation of LLMs from the get go, but there are still significant challenges...
Continue ReadingGoogle’s court loss and increased regulatory scrutiny could derail software profit machines for the tech giants...
Continue ReadingThe drop surprised many investors because, until then, Alphabet was a top-performing stock this year because of interest in its artificial intelligence solutions. One of the few people who wasn't caught off guard by Google's sell-off was Real Money Pro analyst Bruce Kamich. Hours before Alphabet reported disappointing quarterly financials, causing its stock to drop nearly 10%, Kamich wrote that investors should "approach Alphabet with caution" because his analysis suggested a risk of a downward correction...
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Amazon.com asked a Delaware court to dismiss a lawsuit brought by shareholders over the company's Kuiper satellite launch contracts, arguing in a filing that the plaintiffs failed to prove that directors acted in bad faith in approving one of the e-commerce giant's biggest capital expenditures. The Cleveland Bakers and Teamsters Pension Fund, a multi-employer fund, in August sued Amazon in the Delaware Court of Chancery alleging Amazon's board awarded contracts to Jeff Bezos' space company Blue Origin without proper diligence and without considering rocket rival Elon Musk-owned SpaceX's rockets...
Continue ReadingIBM (IBM) closed at $164.71 in the latest trading session, marking a +0.73% move from the prior day...
Continue Reading(Reuters) -Amazon.com asked a Delaware court to dismiss a lawsuit brought by shareholders over the company's Kuiper satellite launch contracts, arguing in a filing that the plaintiffs failed to prove that directors acted in bad faith in approving one of the e-commerce giant's biggest capital expenditures. The Cleveland Bakers and Teamsters Pension Fund, a multi-employer fund, in August sued Amazon in the Delaware Court of Chancery alleging Amazon's board awarded contracts to Jeff Bezos' space company Blue Origin without proper diligence and without considering rocket rival Elon Musk-owned SpaceX's rockets. In a redacted motion to dismiss filed with the court on Monday, Amazon argued that plaintiffs did not adequately show its directors acted in bad faith...
Continue ReadingThe Dow Jones rose after inflation data on Tuesday and as the Fed's rate decision looms. Meanwhile, Google-parent Alphabet lost a key antitrust trial...
Continue ReadingJohnson Controls International (JCI) shares declined in Tuesday's trading after quarterly results missed estimates and 2024 profit guidance also disappointed. The fallout from a recent cyberattack on the company is also predicted to continue to affect the company into the first quarter. JMP Securities upgraded Zillow Group (Z) to "Outperform" from "Perform," arguing that consensus estimates are too low and that housing will benefit from a decline in interest rates. The firm believes Zillow can navigate hurdles from the antitrust ruling on real estate practices. Oracle (ORCL) shares dropped after softer second-quarter cloud revenue. For some analysts and investors, the results underscore Oracle's struggles gaining share against dominant cloud providers like Amazon (AMZN) and Microsoft (MSFT). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingYou don't need to overspend to afford a business class flight -- you can book a deal. Find out how to score cheap business class tickets for your next trip...
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