Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied...
Continue ReadingApple Inc has renewed discussions with OpenAI about using the startup's generative AI technology to power some new features being introduced in the iPhone later this year, Bloomberg News reported on Friday. The companies have begun discussing terms of a potential agreement and how OpenAI features would be integrated into Apple’s next iPhone operating system, iOS 18, the report said, citing people familiar with the matter. Apple and OpenAI did not immediately respond to Reuters requests for comment...
Continue ReadingThe judge overseeing the case, Leonie Brinkema, could decide to narrow the Justice Department’s claims or dismiss the case altogether...
Continue ReadingWhile Netflix is pushing hard on ads, YouTube is making gains in subscriptions while its ad stronghold continues to expand...
Continue ReadingLet's review Alphabet's (GOOGL) captivating Q1 report and see if now is a good time to buy into the strong post-earnings rally with GOOGL up more than +20% year to date...
Continue ReadingGood news from Microsoft and Alphabet lifted Amazon stock...
Continue ReadingAlphabet, Microsoft Rallies Help Lift Equities Ahead of Next Week's Fed Decision...
Continue ReadingS&P 500 Posts First Weekly Gain Since March as Tech, Consumer Discretionary Lead Rise on Better-Than-Expected Earnings...
Continue ReadingUS Equity Indexes Advance This Week as Fed's Preferred Measure of Inflation Meets Expectations...
Continue ReadingAlphabet ‘s market value closed above the $2 trillion level for the first time on Friday, spurred higher by better-than-expected financial results and a well-received new capital allocation plan, including a quarterly dividend of 20 cents per share and a $70 billion stock repurchase program. Alphabet shares rallied 10.2% in the week’s final session. It’s the fourth company in history to reach the $2 trillion milestone, joining the ranks of Apple Microsoft, and Nvidia...
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