blue-chip index consisting of the 100 major companies trading on NASDAQ
This is what it looks like when Google dances: Alphabet just reported a blockbuster quarter, and the narrative around the company is starting to shift.
businessinsider.com/google-q1-2024-earnings-dances-2024-4
Tesla axed its entire marketing team—here’s why that matters: It a reminder of just how little Tesla has invested in its own brand beyond Elon Musk.
fastcompany.com/91113609/tesla-axed-its-entire-marketing-team-heres-why-that-matters
Asana CEO accuses Tesla of being the next 'Enron': Asana founder Dustin Moskovitz called Tesla the next "Enron" and speculated that people "are going to jail at ...
businessinsider.com/asana-ceo-dustin-moskovitz-tesla-accusations-enron-sec-2024-4
Online retailer Shein is latest to face strict European Union digital regulations
apnews.com/article/shein-european-union-digital-services-act-fasion-online-56e51fec66278107e99f3e063a2987a4
Apollo, KKR, Stonepeak Weigh Investing Billions in Intel Chip JV: Apollo Global Management Inc., KKR & Co. and Stonepeak may inject billions of dollars into a ...
bloomberg.com/news/articles/2024-04-26/apollo-kkr-stonepeak-weigh-investing-billions-in-intel-chip-jv
Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
U.S. chip bans not meant to hobble China's growth, Blinken says: U.S. export controls on sending advanced computing chips to China are not meant to hold back ...
reuters.com/technology/us-chip-bans-not-meant-hobble-chinas-growth-blinken-says-2024-04-26/
Google files motion for summary judgment in U.S. ad tech case: Alphabet Inc's Google on Friday asked a federal court in Virginia to reject a U.S ...
reuters.com/legal/google-files-motion-summary-judgment-us-ad-tech-case-2024-04-26/
Gilead Beats Earnings Expectations After Rocky Quarter
barrons.com/articles/gilead-beats-earnings-expectations-after-rocky-quarter-e7a55ae4
Paid articlePaid
Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
Google parent Alphabet's Alphabet reported first quarter revenue and earnings that topped analysts' estimates and earned cheers from Wall Street after ... Show more
Alphabet stock surges on earnings beat, dividend announcement
Alphabet stock surges on earnings beat, dividend announcement
Alphabet revenue rises amid AI push and staff turmoil: Company beat Wall Street expectations and posted a revenue of $80.5bn, up 15% since last year ...
theguardian.com/technology/2024/apr/25/google-revenue-quarter-one
Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
Paid articlePaid How a Chicken Sandwich Shows a Hidden Power in the U.S. Economy: A surprising surge in productivity at restaurants and other businesses has helped the nation ...
barrons.com/articles/economy-productivity-recession-22fc540b
Paid articlePaid
$MSFT | Microsoft Q3 Shines Light On 'AI Innovation Cycle': Analysts See 'Plenty Of Runway For Growth'Artificial intelligence was a key growth item for ... Show more
The Chips Act has been surprisingly successful so far: More than halfway through its incentives spending, the US will have far greater scope to manage shocks
ft.com/content/26756186-99e5-448f-a451-f5e307b13723
SMH: More AI-Related Catalysts Ahead, Buy The Dip: VanEck Semiconductor ETF is a risky but potentially lucrative investment in semiconductor companies essential ...
seekingalpha.com/article/4686613-smh-more-ai-related-catalysts-ahead-buy-the-dip
Paid articlePaid
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
cnbc.com/2024/04/24/meta-loses-200-billion-in-value-zuckerberg-focuses-on-ai-metaverse.html
Quick Glance: Meta Invests Heavily in Artificial Intelligence
- Meta focuses on AI to enhance app appeal
- The smart glasses with AI capabilities aim to attract users
- Meta envisions AI assistants for complex tasks in communication
- Meta aims to become a global leader in AI, despite significant investments
Warner Bros Discovery to launch data platform for better ad-targeting: Warner Bros Discovery is launching a data platform that would help advertisers better ...
reuters.com/business/media-telecom/warner-bros-discovery-launch-data-platform-better-ad-targeting-2024-04-25/
Hertz’s Losses on Tesla EVs Bite Into Earnings: Hertz stock sank Thursday after the rental car company reported a steeper-than-expected loss ...
on.barrons.com/3xVaZV9
The parent of Facebook and Instagram lost some $150 billion in market value after CEO Mark Zuckerberg said the company is going to invest aggressively in AI ... Show more
Stock market news: Markets mull March PCE data, Fed's inflation gauge: Personal consumption expenditures data showed prices ticked up 2.8% year-over-year in ...
markets.businessinsider.com/news/stocks/stock-market-news-march-pce-inflation-fed-microsoft-alphabet-1qearnings-2024-4
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
After a video image of Mark Zuckerberg went viral, all of a sudden people care a lot about how he looks. A doctored version of the photo with Zuckerberg ... Show more
The Meta-morphosis of Mark Zuckerberg - The New York Times
The Meta-morphosis of Mark Zuckerberg - The New York Times
Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend
apnews.com/article/alphabet-google-first-quarter-results-artificial-intelligence-9b01fc1ab86b4ec56b763ae257a42f06
Amazon unit plans to invest $11 billion to data center in Indiana: Amazon’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data ...
apnews.com/article/amazon-aws-indiana-data-center-planned-investment-ccdad82728a72025f37383e3811f13f6
Intel forecasts second-quarter revenue below estimates: Intel forecast second-quarter revenue below market estimates on Thursday, as it faces weak demand for its ...
reuters.com/technology/intel-forecasts-second-quarter-revenue-below-estimates-2024-04-25/
Meta Gets EU Warning Over Use of Sexual Orientation Data: Meta Platforms Inc.’s Facebook should be blocked from exploiting public information on a users’ sexual ...
bloomberg.com/news/articles/2024-04-25/meta-gets-eu-privacy-warning-over-use-of-sexual-orientation-data
Raw materials from conflict region: Democratic Republic of Congo raises allegations against Apple
faz.net/aktuell/wirtschaft/rohstoffe-aus-konfliktregion-demokratische-republik-kongo-erhebt-vorwuerfe-gegen-apple-19679688.html
Donald Trump Campaign Accused of Spamming People With Unsolicited Emails: Through a third-party blog, individuals are receiving unsolicited campaign emails aimed ...
newsweek.com/donald-trump-campaign-spam-emails-presidential-election-1893591
Gilead posts quarterly loss on acquisition charge, revenue rises 5%: Gilead Sciences reported a first-quarter loss on Thursday after taking a $3 ...
reuters.com/business/healthcare-pharmaceuticals/gilead-posts-quarterly-loss-revenue-rises-5-2024-04-25/
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Marriott Vacations, Carrols Restaurant Group, and More Stocks See Action From Activist Investors
barrons.com/articles/marriott-vacations-carrols-restaurant-group-and-more-stocks-see-action-from-activist-investors-73a0faee
Paid articlePaid
Microsoft just got a $1.1 billion boost from Coca-Cola: Coca-Cola is keen to explore Microsoft's enterprise-level artificial intelligence technology.
thestreet.com/technology/microsoft-just-got-a-1-1-billion-boost-from-coca-cola-artificial-intelligence
It Is Time For Technology To Give Up Its Leadership Position: Stocks like Meta that trade at a premium to the market face a violent reaction if growth slows ...
seekingalpha.com/article/4686076-it-is-time-for-technology-to-give-up-its-leadership-position
Paid articlePaid
Google's Gaza conflict: Why more bosses are cracking down on Israel-Hamas war protesters
usatoday.com/story/money/2024/04/26/google-protesters-fired-gaza-activism-crackdown/73458282007/
Did Meta Just Burst The Big-Tech Bubble?: Given the high valuations, and limited growth potential, the big tech is in a bubble. Read more to see if Meta just ...
seekingalpha.com/article/4686066-did-meta-just-burst-the-big-tech-bubble
Paid articlePaid 'Bond king' Bill Gross tells investors to avoid tech stocks: Gross said in a post on X to avoid tech, but if you have to invest in the sector ...
markets.businessinsider.com/news/stocks/tech-stocks-avoid-buying-bill-gross-microsoft-earnings-bond-yields-2024-4
Fallout 4 next-gen update: "Bethesda has thrown the community in the trash" [Update]
pcgameshardware.de/Fallout-4-Spiel-18293/News/Spieler-Rezensionen-zum-Next-Gen-Update-1446205/
Windows 11 might nag you about AI requirements soon: Microsoft is said to be working on strengthening Windows 11 to support upcoming advanced AI features.
digitaltrends.com/computing/windows-ai-explorer-hardware-compatibility/
MongoDB: Strong Long-Term Growth Ahead: AI adoption is expected to be a key growth catalyst for MongoDB. Check out why I recommend a buy rating on MDB stock.
seekingalpha.com/article/4686075-mongodb-strong-long-term-growth-ahead
Paid articlePaid Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Meta, Netflix and 2 Other Stocks May Be Bargains After Post-Earnings Slides: Shares of Meta Platforms, Netflix, Sherwin-Williams, and Caterpillar look cheap ...
barrons.com/articles/meta-stock-netflix-earnings-cb4f3067
Paid articlePaid March's Dividend Portfolio Update Sets New All-Time Record - 100 Holdings, 21 Buys
seekingalpha.com/article/4685904-marchs-dividend-portfolio-update-sets-new-all-time-record-100-holdings-21-buys
Paid articlePaid The Stock Market Is Flirting With Trouble. Watch These Key Price Levels.: The sell-off puts the S&P 500 just above a key support level and could spell trouble ...
barrons.com/articles/s-p-500-technical-support-correction-90845a21
Paid articlePaid Thai Bourse Chair Quitting Seen as Prelude to Finance Chief Post: The Stock Exchange of Thailand Chairman Pichai Chunhavajira has resigned in a move seen ...
bloomberg.com/news/articles/2024-04-25/thai-bourse-chair-quitting-seen-as-prelude-to-finance-chief-post
Paid articlePaid
Bill Gates and Sam Altman invest in nuclear power and you should too, financial adviser says
qz.com/bill-gates-sam-altman-nuclear-power-energy-stocks-1851432722
Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says
cnbc.com/2024/04/25/former-tesla-svp-drew-baglino-is-selling-181point5-million-worth-of-stock.html
Scott Farquhar to step down as Atlassian co-CEO: After co-founding the software company more than two decades ago, Farquhar will step down to focus on family and ...
smh.com.au/technology/scott-farquhar-to-step-down-as-atlassian-co-ceo-20240426-p5fmqc.html
Quick Glance: Atlassian CEO Resignation Influences Customer Migration to Cloud
- Atlassian co-founder and co-CEO Scott Farquhar will step down in August, leaving Mike Cannon-Brookes alone at the helm of the Australian company.
- Farquhar will remain on the board and serve as a special advisor to the company.
- The migration from Server products to the cloud has led to an increase in revenues for Datacenter products, despite Atlassian offering its most sophisticated services in the cloud.
- Atlassian may be considering a change in pricing strategies, such as usage-based charging, instead of the current seat-based fees.
Don’t launch a small business before asking yourself these 3 questions, says CEO: Jackie Aina, co-founder and CEO of seven-figure fragrance company Forvr Mood ...
cnbc.com/2024/04/25/ceo-ask-these-questions-before-starting-a-small-business.html
India 'confident' new EV policy measures will allow more foreign players to enter market
cnbc.com/2024/04/26/india-says-new-ev-policy-will-open-up-market-to-global-players-.html
Quick Glance: Tesla's Impact on India's EV Market
- MG Motor India's CEO Emeritus Rajeev Chaba stated that Tesla's entry into India's EV market will level the playing field for all E-automakers.
- According to Bain & Company, EVs constitute around 5% of India's automobile sector.
- India's government aims to achieve 30% EV sales by 2030, a goal viewed as ambitious.
Amazon, Meta, IBM, Super Micro, and Other Tech Stocks in Focus Today: Meta Platforms and other Big Tech names including Amazon, Alphabet, Microsoft, Nvidia ...
barrons.com/articles/amazon-meta-ibm-super-micro-tech-stocks-today-71652802
Paid articlePaid Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals
apnews.com/article/microsoft-amazon-anthropic-ai-investment-scrutiny-a52f6409fa6ee9b335ab6801b8e84cde
Quick Glance: UK Watchdog Scrutinizes AI Partnerships Involving Tech Giants
- Britain's competition watchdog is reviewing AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic.
- Third-party opinions are being sought on Microsoft's hiring of former Inflection AI employees and related arrangements.
- The CMA is already investigating Microsoft's partnership with Open AI and is awaiting requested information from the companies.
- Views are invited until May 9 before formal investigations begin on the partnerships.
Mark Zuckerberg Only Made $1 in Salary in 2023— But Earned Over $24 Million in 'Other Compensation'
entrepreneur.com/business-news/what-is-meta-ceo-mark-zuckerbergs-salary-security-costs/473242
Microsoft to shut down one of Bethesda's studios? - News | Khaleej Times: Recent reports suggest that Microsoft may have shuttered one of Bethesda's studios as ...
khaleejtimes.com/entertainment/microsoft-to-shut-down-one-of-bethesdas-studios
Walgreens Is Opening a New Pharmacy For Cell and Gene Therapies: Walgreens Boots Alliance Inc. is opening a new center dedicated to bringing emerging cell and ...
bloomberg.com/news/articles/2024-04-25/walgreens-is-opening-a-new-pharmacy-for-cell-and-gene-therapies
Musk moves Tesla's goalposts, investors happily move shares higher: It's the millions-of-robotaxis promise again – and all y'all buying it this time ...
theregister.com/2024/04/24/musk_moves_tesla_goalposts_back/
Congress’ first tech crackdown in years is a gift to Big Tech: Meta and Google stand ready to reap a TikTok ban’s rewards.
washingtonpost.com/technology/2024/04/24/tiktok-ban-benefits-meta-google/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Amazon: The Margin Train Is Gaining Speed: Amazon remains the cheapest option, by far, for fulfillment, logistics, and customer acquisition ...
seekingalpha.com/article/4685639-amazon-the-margin-train-is-gaining-speed
Paid articlePaid
Why Are Men With Beards So Much More Attractive? We Have Answers.: With one fake beard, Mark Zuckerberg became an object of thirst.
huffpost.com/entry/why-do-beards-make-so-many-men-so-much-more-attractive_l_6627e6f9e4b096c7bac64da1
Disappointing Meta forecast pulls down tech peers in extended trade: Disappointing forecasts from Facebook parent Meta Platforms has proven contagious ...
reuters.com/technology/disappointing-meta-forecast-pulls-down-tech-peers-extended-trade-2024-04-24/
Tesla Gains as EV Maker Says It’ll Accelerate Affordable Models
bloomberg.com/news/live-blog/2024-04-23/tesla-first-quarter-earnings
On this episode of the Elon, Inc. podcast,we discuss Tesla's biggest layoffs to date and why Elon Musk's rationale may be more than just about cost reduction ... Show more
The Most Important Earnings of Elon's Life? - Elon, Inc. - Omny.fm
The Most Important Earnings of Elon's Life? - Elon, Inc. - Omny.fm
Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals
apnews.com/article/microsoft-amazon-anthropic-ai-investment-scrutiny-a52f6409fa6ee9b335ab6801b8e84cde
Quick Glance: UK Watchdog Scrutinizes AI Partnerships Involving Tech Giants
- Britain's competition watchdog is reviewing AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic.
- Third-party opinions are being sought on Microsoft's hiring of former Inflection AI employees and related arrangements.
- The CMA is already investigating Microsoft's partnership with Open AI and is awaiting requested information from the companies.
- Views are invited until May 9 before formal investigations begin on the partnerships.
Biogen Stock Rises After Earnings and on Jump in Alzheimer’s Drug Sales: Biogen reported first-quarter adjusted earnings of $3.67 a share on revenue of $2 ...
barrons.com/articles/biogen-earnings-stock-price-fda73be6
Paid articlePaid Microsoft plans to spend even more on AI infrastructure: The company shelled out nearly $11 billion for property and equipment in the third quarter — 66% more ...
businessinsider.com/microsoft-plans-spend-more-ai-infrastructure-capex-earnings-azure-chips-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Rubrik IPO: Data Security Firm Pops 20% In Debut: The Rubrik IPO launches Thursday, as the data security firm priced its initial public offering at 32 a share ...
investors.com/news/technology/rubrik-ipo-data-software-ai/
Google's cookie delay underscores its ad industry dominance: That even a short delay has such a profound effect on an entire industry underscores how powerful ...
businessinsider.com/googles-cookie-delay-underscores-its-ad-industry-dominance-2024-4
Tesla to launch new models ahead of planned timeline, shares jump: Tesla said on Tuesday it had pulled forward the launch of new models, sending its shares up 6% ...
reut.rs/3UektlH
Meta's Threads now has more daily US users than Musk's X: Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
businessinsider.com/meta-threads-more-daily-us-users-twitter-elon-musk-x-2024-4
Elon Musk apologizes to laid off Tesla employees for a major mistake
kentucky.com/news/business/article287862635.html
Tesla Promises 'More Affordable Vehicles' and a 'Cybercab': Elon Musk’s automaker told investors Tuesday that sales and revenue are down but that new “more ...
wired.com/story/tesla-promises-more-affordable-vehicles-cybercab/
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
Tesla promises 'more affordable' cars after shelving all-new Model 2: Tesla said on Tuesday it would introduce "new models" by early 2025 using its current ...
reuters.com/business/autos-transportation/teslas-quarterly-revenue-falls-first-time-since-2020-2024-04-23/
E-car pioneer Tesla: new, more affordable models to come faster: After a significant drop in sales at Tesla, company boss Elon Musk wants to bring cheaper models ...
stern.de/wirtschaft/news/e-autopionier-tesla--neue-guenstigere-modelle-sollen-schneller-kommen-34655256.html
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Tesla expects its 4680 battery cells to be cheaper than suppliers by end of year: Tesla now says that it expects its own 4680 battery cells to become cheaper ...
electrek.co/2024/04/24/tesla-expects-4680-battery-cells-cheaper-than-suppliers-end-of-year/
CoStar to receive a grant from Richmond worth millions: The real estate analytics company's plan to build an office tower near the James River is expected to ...
richmond.com/news/local/business/real-estate/costar-office-tower-richmond/article_2fc0901a-0196-11ef-812e-bf03a8f8fb2a.html
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