Alphabet, the parent company of Google, reported an impressive financial performance for the third quarter of 2024, underscoring a substantial surge in revenue driven by its AI initiatives and robust performance across various segments. The tech giant’s consolidated revenues soared by 15% year-over-year, reaching $88.3 billion, propelled by strong momentum across Google Services and Google […]
AT&T Inc.’s stock surged after the company’s third-quarter earnings report highlighted robust subscriber growth, offsetting a slight revenue miss. The telecommunications giant, which has been expanding its 5G and broadband services, saw its shares rise by over 3% following the announcement, reaching $22.30—its highest level in months. This came despite the company’s revenue falling short […]
In a bold move that underscores its financial strength and commitment to shareholders, Microsoft Corporation has announced a massive new $60 billion share buyback program. This decision comes as the tech giant ramps up its spending on artificial intelligence (AI) and seeks to showcase the returns on its investments. The company has also revealed a […]
Uber Technologies, Inc. saw a sharp rise in its stock price, climbing by 5.35% to $71.73, following news of a significant expansion in its autonomous vehicle partnership with Waymo LLC, a subsidiary of Alphabet Inc. The companies announced plans to bring their autonomous ride-hailing services to Austin, Texas, and Atlanta, Georgia, by early 2025. This […]
YouTube has taken down the Tenet Media channel along with four other channels linked to its owner, Lauren Chen, following an indictment from the United States Department of Justice (DOJ). This decision marks a significant move in the ongoing battle against foreign interference in U.S. elections. The DOJ’s investigation revealed that Russian state media employees […]