Alphabet set to report first-quarter results after market close

Alphabet set to report first-quarter results after market close

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Alphabet will report first-quarter earnings after the bell Thursday. Here is what analysts are expecting. Earnings per share: $1.51, according to LSEG. Revenue: $78.59 billion, according to LSEG. YouTube … Read more

Dow drops 600 points on inflation, growth concerns: Live updates

Dow drops 600 points on inflation, growth concerns: Live updates

Traders work during the opening bell at the New York Stock Exchange. Johannes Eisele | AFP | Getty Images Stocks fell sharply Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation. The Dow Jones Industrial Average slid 631 points, or 1.7%, weighed down by sharp declines … Read more

Google search boss Raghavan warns employees of ‘new operating reality’

Google search boss Raghavan warns employees of ‘new operating reality’

Prabhakar Raghavan, senior vice president at Google, speaks during the US Conference of Mayors Winter Meeting in Washington, DC, US, on Wednesday, Jan. 17, 2024.  Julia Nikhinson | Bloomberg | Getty Images Wearing a hoodie with the words “We use Math” on the front, Google search boss Prabhakar Raghavan had an important message for employees … Read more

A TikTok ban could be ultimate tailwind for Meta’s Facebook, Instagram

A TikTok ban could be ultimate tailwind for Meta’s Facebook, Instagram

Congress is inching closer toward a TikTok ban in the U.S. – offering another reason to stay invested in Club holding Meta Platforms after a year-and-half of strong stock gains. Meta’s Facebook and Instagram stand to gain if TikTok is cut off in the U.S. and users of the popular short-form video app are forced … Read more

Cramer notes positives in Monday’s rebound, warns vs. lasting gains

Cramer notes positives in Monday’s rebound, warns vs. lasting gains

CNBC Investing Club with Jim Cramer Rob Kim | NBCUniversal CNBC’s Jim Cramer noted positive stock performances in the market rebound on Monday, but indicated Big Tech earnings coming this week will tell the tale on whether it will last. The Dow Jones Industrial Average climbed 253.58 points, or 0.67%, to close at 38,239.98. The S&P 500 traded 0.87% … Read more

Big Tech keeps prioritizing AI as earnings approach

Big Tech keeps prioritizing AI as earnings approach

Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April 3, 2024. Justin Sullivan | Getty Images As tech’s behemoths get set to report earnings this week, they do so facing a mountain of drama. At Google, there have been protests and … Read more

Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies

Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies

Meta will partner with external hardware companies, including Lenovo, Microsoft and Asus, to build virtual reality headsets using the company’s Meta Horizon operating system, the company said Monday. The move will create new hardware devices that run on the same operating system and software as Meta’s current first-party virtual reality hardware, such as the Quest … Read more

Investing in the AI theme for the long haul. How to pick the winners

Investing in the AI theme for the long haul. How to pick the winners

Fotografielink | Istock | Getty Images Artificial intelligence has shaken up the investing landscape since the groundbreaking launch of ChatGPT in November 2022. Since then, investors have poured money into all things related to AI as they hunt for the next big winners. In 2023, a group of major technology players dubbed the Magnificent Seven … Read more

Earnings from Tesla, Merck and Big Tech

Cramer notes positives in Monday’s rebound, warns vs. lasting gains

CNBC Investing Club with Jim Cramer Rob Kim | NBCUniversal CNBC’s Jim Cramer on Friday noted that major quarterly results from players like Verizon, Meta, Microsoft and Alphabet will be coming next week, but he zeroed in on the importance of the Personal Consumption Expenditures index because it is the real gauge of inflation. Cramer said the … Read more

Meta AI assistant comes to WhatsApp, Instagram, Facebook and Messenger

Meta AI assistant comes to WhatsApp, Instagram, Facebook and Messenger

Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images Meta on Thursday announced its free artificial intelligence assistant, Meta AI, is rolling out across its social media platforms WhatsApp, Instagram, Facebook and Messenger. The assistant … Read more