Alphabet stock decline deepens as AI spending and revenue miss raise investor concerns
Alphabet Inc. (NASDAQ: GOOGL, GOOG) faced a sharp decline in after-hours trading following its fourth-quarter 2024 earnings release, as investors reacted to a revenue miss ... Read More
DeepSeek’s disruption shakes global tech stocks: A turning point in the AI industry?
The global technology sector has entered turbulent waters, with major stocks experiencing significant declines following the unexpected rise of DeepSeek, a Chinese artificial intelligence (AI) ... Read More
Ugly shoe stocks crush tech giants—Deckers earnings blow Wall Street away!
In a financial shocker, Deckers Outdoor Corporation, the powerhouse behind popular brands like Hoka and Ugg, has delivered an earnings report that is nothing short ... Read More
Nvidia stock rockets to record high amid AI frenzy: Is the next market shake-up coming?
Nvidia's stock has surged to new highs for the first time in four months, buoyed by the unwavering demand for AI technologies and the strong ... Read More
EU court shocks world by scrapping Google’s €1.49bn fine – What’s next for big tech?
In a surprising move, the European Union’s General Court has annulled a massive €1.49 billion fine imposed on Google by the European Commission, sending shockwaves ... Read More
Google faces potential EU legal action over blocking Enel app from Android Auto
A senior adviser to the European Court of Justice has issued a striking opinion that could spell trouble for Google, a subsidiary of Alphabet Inc., ... Read More
Nvidia loses $279bn in a day! DOJ antitrust probe sends shockwaves through the market
Nvidia, the leading AI chipmaker, is facing a steep decline in its market capitalization, now valued at approximately $2.02 trillion. This comes as the United ... Read More
Alphabet Inc. reports robust financial growth in Q4 2023 with $86bn revenue
Alphabet Inc., the parent company of Google, announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. The tech giant ... Read More
Alphabet announces $19.7bn net income for Q3 2023, marking 41.5% yearly growth
Alphabet, the parent organization of Google, has shared its Q3 2023 financial performance, registering a significant net income of $19.69 billion. This figure denotes a ... Read More
Verily, Kyverna Therapeutics forge collaboration for autoimmune research
Verily, an Alphabet precision health technology company, and Kyverna Therapeutics, a clinical-stage cell therapy company, have announced a multi-year collaboration. The initial focus is on ... Read More