Netflix, Inc. (NFLX) kicked off tech earnings with a stellar report and the S&P 500 closed at a fresh closing high on Thursday, driven by expectations of a strong reporting season. Five of the Magnificient seven stocks are scheduled to disclose their quarterly scorecards in the upcoming week,
Amazon, Alphabet and Nancy Pelosi
Alphabet shares closed above $200 value for the first time on Friday. While the Google parent faces regulatory hurdles and increased competition, analysts are generally optimistic about the company's opportunities in artificial intelligence.
Alphabet has become a leader in artificial intelligence (AI) and it's embedding the technology across many of its legacy businesses, including Google Search. Let's explore why this tech giant has a clear path to joining the exclusive $3 trillion club in 2025.
Tim Sweeney, CEO of Epic Games, remains committed to the company's decades-long legal battle against Apple and Google over app store practices, acknowledging potential financial struggles but vowing to continue the fight while expanding Epic's mobile game store with favorable revenue-sharing terms.
Apple currently receives in excess to $20 billion annually from Alphabet in a deal that makes Google the default search engine on the Safari web browser. These payments show up in Apple's services segment, and they're essentially pure profit.
Apple Inc. executive Kim Vorrath, a company veteran known for fixing troubled products and bringing major projects to market, has a new job: whipping artificial intelligence and Siri into shape.Most Read from BloombergWhat Happened to Hanging Out on the Street?
Shares of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), known for its Google subsidiary, are up an impressive 34% in the past year and currently trading just a few points from their all-time high. Despite facing heightened regulatory scrutiny and questions about whether its core search business is losing its relevancy in the age of artificial intelligence (AI),
Apple Inc. and Oracle Corp. have reacted differently to President Donald Trump’s pledge that the U.S. government won’t enforce a national security law that raised potential penalties for U.S. partners of the popular video app TikTok.
Tesla, Meta, Microsoft are near buy points with earnings due. Apple and many others are on tap too with the S&P 500 is at highs.
AI will eventually transform all industries, but there are three sectors at the forefront of this fundamental reshaping of the economy. Ethan Feller highlights these bellwethers and offers several approaches to capturing this groundbreaking trend right now.
Apple is moving Kim Vorrath, a seasoned Apple executive, to its AI and machine learning division to help improve Siri and Apple's AI capabilities, Bloomberg reports, citing anonymous sources.