Tag GOOGL

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U.S. stocks gained on Tuesday amid choppy trading that could see the Dow log a 12-day rally ahead of quarterly earnings reports from megacap technology companies Alphabet and Microsoft, and a rate hike by the Federal Reserve. With the central bank on track for another 25-basis point interest rate hike on Wednesday, policymakers face a choice over how much weight to put on recent economic data...

ChatGPT is now available for Android users in the United States, India, Bangladesh and Brazil, the viral chatbot's owner OpenAI said on Tuesday, as it looks to take advantage of the popularity of the artificial intelligence tool. As AI becomes widely used in tasks such as content writing to coding, San Francisco-based OpenAI announced ChatGPT for Android last week to further expand its user base. OpenAI said it would expand the rollout on Android to additional countries over the next week...

That result would mark its second straight positive quarter following an extended slowdown coming out of the pandemic...

U.S. consumer confidence increased to a two-year high in July amid continued optimism about the labor market, though worries about a recession persisted, a survey showed on Tuesday. The Conference Board said its consumer confidence index rose to 117 this month, the highest reading since July 2021, from 110.1 in June. "The U.S. consumer confidence report suggests the labor market is still not expected to weaken, which should point to strong buying trends going forward," said Edward Moya, senior market analyst at Oanda in New York...

When Alphabet Inc. reports its latest quarterly earnings later Tuesday, the big question analysts are looking to see answered is just how well the Google and YouTube parent company is implementing generative artificial intelligence applications into its business...