Tag GOOGL

When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the ruling also could have implications for rapidly developing technologies like artificial intelligence chatbot ChatGPT. The justices are due to rule by the end of June whether Alphabet Inc's YouTube can be sued over its video recommendations to users. What the court decides about those issues is relevant beyond social media platforms...

A quarter into record layoffs, investors in U.S. tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be their next growth driver. Microsoft Corp, Google parent Alphabet Inc, Instagram owner Meta Platforms Inc and Amazon.com Inc all report quarterly results this week. Between Microsoft, Alphabet and Meta, analysts expect profits to rise 4.5%, on average, from the immediately preceding quarter, led by an 11.8% jump in Meta's bottom line, according to Refinitiv...

At the beginning of 2000, the biggest company in the world had a market cap of a little over $600 billion. Ten years later, the market cap for the No. 1 company had fallen to under $350 million. Apple (NASDAQ: AAPL) is the easiest pick...

Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) all have market capitalizations of over $1 trillion. Each of these three companies is poised to benefit from the rise of the effectiveness of artificial intelligence...

Results from collapsed bank Credit Suisse revealed the scale of the run on assets during last month’s industry turmoil...