Tag GOOGL
Disney's fourth-quarter performance was mixed with a weaker performance from cable and the box office somewhat offset by strength in its streaming business and theme parks. Disney is still trying to work out a new licensing deal with YouTube after its content went dark on YouTube TV two weeks ago, leaving subscribers of the Google-owned livestreaming platform without access to major networks like ESPN during the college football season. The Walt Disney Co. earned $1.31 billion, or 73 cents per share, for the three months ended Sept. 25...
Continue Reading
Investors take a lot of comfort from the solidity of Big Tech earnings as worries grow about artificial intelligence overinflating valuations. Quarterly profits soared at Nvidia Alphabet Amazon and Microsoft as AI-related revenue poured in ( Meta’s were wiped out by tax). Cash flows are mostly fine, albeit a lot is now going into building new data centers...
Continue ReadingThe European Commission opened a new investigation into how the tech giant ranks news publishers in search results...
Continue ReadingCursor, which was founded by four MIT graduates who are still in their mid-20s, raised $2.3 billion in its third funding round this year...
Continue Reading
Cursor built a popular AI coding tool that helps software developers generate, edit and review code...
Continue ReadingComcast (CMCSA) unit NBCUniversal is adding to its mix of sports offerings by launching a new cable...
Continue ReadingDiscover insights into Alphabet Inc.'s Q3/25 growth, AI-driven gains, and valuation risks. Click to see if it's time to be cautious with GOOG stock...
Continue ReadingThe European Commission opened a new investigation into how the tech giant ranks news publishers in search results...
Continue ReadingOn the tech giant’s 500-acre campus in Redmond, Washington, teams began holding regular “triage” meetings to confront serious questions posed by the artificial intelligence boom: Where would the company find the gigawatts — just one gigawatt can power nearly 750,000 US homes — needed for data centers? The AI discussions were “interesting and terrifying all at the same time,” said Brian Janous, who served until August 2023 as Microsoft’s vice president of energy...
Continue ReadingThe quantum computing pure plays are far riskier investments than these two tech titans...
Continue Reading