U.S. District Judge Leonie Brinkema denied Google’s request to dismiss the case, finding the Justice Department’s complaint sufficiently detailed to proceed...
Continue ReadingShares of Alphabet Inc. Cl A shed 0.23% to $107.34 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500.....
Continue ReadingShares of Amazon.com Inc. slid 3.98% to $105.45 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500.....
Continue ReadingShares of Meta Platforms Inc. inched 0.74% higher to $240.32 Friday, on what proved to be an all-around great trading session for the stock market, with the.....
Continue ReadingEventually investors have to face reality: There are downsides to cutting costs and laying off staff...
Continue Reading“So far in all the earnings reports, 'normalize' and 'optimize' are code words for 'weaker' and/or 'softer,’” said Peter Boockvar of Bleakley Advisory Group...
Continue ReadingMeta Platforms' (NASDAQ: META) stock jumped 12% during after-hours trading on April 26 following its first-quarter report. Is it time to hop aboard before Meta's stock recovers, or does it still face too many near-term headwinds? Meta's advertising business, which accounted for 98% of its revenues in Q1, suffered a severe slowdown over the past year...
Continue ReadingIn their calls with analysts this week, Alphabet, Microsoft, Amazon and Meta emphasized their hefty investments in large language models...
Continue ReadingWith the launch of the artificial intelligence (AI) chatbot ChatGPT in late 2022, generative AI has taken the tech world by storm. Up 89% year to date, Nvidia is one of 2023's biggest success stories...
Continue ReadingDespite years and billions of dollars of investment, the Google parent still lacks a transformative AI application...
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