Alphabet Inc
Reddit reports strong sales and issues optimistic guidance
Reddit reported first-quarter revenue on Thursday that beat Wall Street expectations, and issued better-than-expected guidance. The stock initially soared by as much as 19% in after-hours trading, but receded to around 5% when executives discussed the shaky economy and Google search-related challenges. Here’s how the company did compared with LSEG estimates: Earnings per share: 13 cents […]
Read More
Amazon’s ad business grew 19% in first quarter, topping estimates
A woman cleans the store window of the Amazon house after activists sprayed paint on its logo during a protest on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 20, 2025. Yves Herman | Reuters Amazon reported a 19% increase in online ad revenue in […]
Read More
Amazon falls short on cloud revenue for third straight quarter
Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon’s cloud business grew at a slower pace than expected in the first quarter, a third straight revenue miss. Revenue at Amazon Web Services increased 17% to $29.27 billion, while analysts polled […]
Read More
Amazon reports first-quarter earnings after the bell
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025. Brendan McDermid | Reuters Amazon is slated to announce its first-quarter earnings after the market close Thursday. Here’s what analysts are looking for: Earnings per share: $1.36 expected, according to LSEG Revenue: $155.04 billion expected, according to […]
Read More
Meta says China retailers are reducing digital ad spend
This photo illustration created on Jan. 7, 2025, in Washington, D.C., shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | AFP | Getty Images Chinese online retailers have cut back their spending on Facebook and Instagram ads in reaction to President Donald Trump’s tough trade […]
Read More
Nvidia gets a rare sell rating from Wall Street
All of the upside potential from artificial intelligence demand for Nvidia may already be priced into the stock, according to Seaport Research Partners. The firm initiated research coverage of the market bellwether and AI darling with a rare sell rating on Wednesday, alongside a $100 per share price target. Seaport’s forecast implies more than 8% […]
Read More
Microsoft says it respects European laws as U.S. ramps up trade tensions with EU
Microsoft President Brad Smith speaks during signing ceremony of cooperation agreement between the Polish Ministry of Defence and Microsoft, in Warsaw, Poland, February 17, 2025. Kacper Pempel | Reuters Microsoft President Brad Smith says the U.S. tech giant is committed to respecting European laws — even though it may not always agree with them. “Like […]
Read More
Satya Nadella says as much as 30% of Microsoft code is written by AI
Facebook’s CEO Mark Zuckerberg (L) speaks with Microsoft’s CEO Satya Nadella after posing for a family picture with guests who attend the “Tech for Good” Summit at the Elysee Palace in Paris, on May 23, 2018. Charles Platiau | AFP | Getty Images Microsoft CEO Satya Nadella on Tuesday said that as much as 30% […]
Read More
Where the ‘Fast Money’ traders see the most promise — and problems — over President Trump’s next 100 days
Fast Money Where the ‘Fast Money’ traders see the most promise — and problems — over President Trump’s next 100 days Published Tue, Apr 29 20257:25 PM EDTUpdated 47 Min Ago Stephanie Landsman@stephlandsman WATCH LIVE Source
Read More
Waymo, Toyota strike partnership to bring self-driving tech to personal vehicles
A Waymo self-driving car, seen with a driver, stops at a red light outside the U.S. Capitol in Washington, D.C., on Friday, March 31, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Alphabet-owned Waymo and Toyota on Tuesday announced a preliminary partnership to explore bringing robotaxi tech to personally-owned vehicles. “The companies will […]
Read More