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The Latest Breaking News from Alphabet

Stock Market Sells Off After Powell Talks Down March Rate Cut; Fed Holds Rates Steady

The stock market weakened in afternoon trading on Wednesday following Fed chief Jerome Powell's comments Wednesday afternoon.

Investors Business Daily

Tech Dives, Dow Jones Rises Ahead Of Today's Fed Decision; AMD, Google, Microsoft, Nvidia, Tesla Slide

Tech Dives, Dow Jones Rises Ahead Of Today's Fed Decision; AMD, Google, Microsoft, Nvidia, Tesla Slide

The Dow Jones rose ahead of today's Fed decision and Fed Chair Jerome Powell's comments. AMD, Google, Tesla and Microsoft sold off.

Investors Business Daily

Investors penalize Microsoft, Alphabet as AI fails to meet expectations

Investors penalize Microsoft, Alphabet as AI fails to meet expectations

Investors react as Microsoft and Alphabet fall short of expectations in their AI returns, leading to a decrease in their stock values.

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AI Companies Suffer 0 Billion Market Cap Decline After Alphabet and Microsoft Reports

Discover how the market value of AI companies took a hit, losing a whopping 0 billion, following the release of disappointing reports by Alphabet and Mi...

What Layoffs? YouTube Reports 16% Ad Revenue Spike to $9.2 Billion in Q4

Google's video Goliath cut 100 workers loose just two weeks ago

Broadcasting & Cable

Alphabet's Q4 earnings soar, amid potential layoffs and strategic shifts

Alphabet just dropped its Q4 and fiscal year 2023 earnings report with the emphasis on advancements to AI

Android Central

KKR, Snowflake Break Out As Mutual Funds Load Up; Alphabet, Microsoft Earnings Due

Microsoft stock, along with Alphabet and Snowflake, are being bought by funds in today's stock market. Alphabet and Microsoft earnings are due late.

Investors Business Daily

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Stocks Mixed As Alphabet, Microsoft Fall On Earnings; Fed Powell Next

Stocks Mixed As Alphabet, Microsoft Fall On Earnings; Fed Powell Next

The Dow Jones was unchanged in early trades Tuesday after economic data. Apple, Microsoft, Alphabet will report. The Fed meeting is Wednesday.

Investors Business Daily

Mixed Earnings Reports Weigh on US Stocks' Record Highs

Mixed Earnings Reports Weigh on US Stocks' Record Highs

U.S. stocks drift near record highs as mixed profit reports are released. UPS and Whirlpool disappoint, while GM beats expectations. Market awaits Fed meet...

Dow Jones Falls After Key Economic Data; Alphabet, AMD, Microsoft To Report

Dow Jones Falls After Key Economic Data; Alphabet, AMD, Microsoft To Report

The Dow Jones Industrial Average dropped Tuesday on key economic data. Alphabet, Microsoft and AMD will report earnings late.

Investors Business Daily

Dow Jones Futures: Fed Meeting On Deck; AI Stock Supermicro Surges 10% On Earnings Beat

Dow Jones Futures: Fed Meeting On Deck; AI Stock Supermicro Surges 10% On Earnings Beat

Dow Jones futures: The stock market surged Monday ahead of the two-day Fed meeting. AI stock Supermicro soared on an earnings beat.

Investors Business Daily

Stocks Pick Up Afternoon Steam To End At Day's Highs; Dow And S&P Close At New Records

Stocks Pick Up Afternoon Steam To End At Day's Highs; Dow And S&P Close At New Records

The stock market rallied into the close with the major indexes strengthening in afternoon trading.

Investors Business Daily

Google Earnings Outlook: AI Uncertainty, Cloud, Capital Spending, YouTube

Google Earnings Outlook: AI Uncertainty, Cloud, Capital Spending, YouTube

With Google earnings due, analysts will focus on the 2024 outlook for generative AI, cloud computing, capital spending and the digital ad business.

Investors Business Daily

Tech Titans Surge On Wall Street, But Behind the Scenes, Layoffs Hit Record Highs

Tech Titans Surge On Wall Street, But Behind the Scenes, Layoffs Hit Record Highs

The increasing demand for AI technologies has led some companies to strategically scale down headcount in non-profitable areas and reallocate resources toward AI development.

International Business Times

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Investors Business Daily

Amazon, Alphabet, Microsoft Face FTC Inquiry Over AI Deals

The FTC said Thursday it will investigate investments into generative AI startups by Microsoft, Amazon and Alphabet.

International Business Times UK

Google Part Ways With Key Partner In Bard Development

Australian artificial intelligence data firm Appen has played a key role in training AI models for a slew of tech behemoths including Microsoft, Meta and Apple.

Investors Business Daily

Meta Tops $1 Trillion Market Cap, Rejoins Apple, Microsoft, Alphabet, Amazon, Nvidia

Meta stock jumped above a $1 trillion market cap Wednesday during another strong trading day for the social media giant.

The Guardian - AU

Precarious conditions of AI ‘ghost workers’ revealed by Google termination of Appen contract, union says

Alphabet Workers’ Union says contract’s end will have ‘devastating impact’ on subcontractors who do the grunt work involved in training AI

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Dow Jones Pops 202 Points As Fed Official Says This On Rate Cuts; 3 Bill Ackman Stocks Eye Entries

The Dow Jones rallied after a senior Fed official spoke. Apple stock popped on an upgrade. Three Bill Ackman stocks are near entries.

Investors Business Daily

More Cost Cutting At Google Ahead Of Earnings

Google-parent Alphabet plans to cut more jobs in 2024 as it shifts resources to artificial intelligence-related project.

The Guardian - UK

Google boss warns staff to expect further job cuts this year

Sundar Pichai’s memo acknowledges redundancies would come on top of round of layoffs reported last week

Investors Business Daily

Dow Jones Falls 250 Points As Goldman Sachs Rallies On Earnings; Apple Tumbles On iPhone Discounts

The Dow Jones dropped 250 points Tuesday as Goldman Sachs fell on earnings. Apple stock sold off on iPhone discounts in China.

Alphabet Stock Is Still a Buy With Most Analysts, As Its FCF Could Make GOOGL Worth Over $220

Alphabet stock is still a buy with most sell-side analysts. This is likely due to its powerful free cash flow (FCF) which could potentially push its value to over $220 per share this year.

What Is a Reverse Stock Split?

A reverse stock split allows a company to reduce its share count and raise its share price. Here's what investors need to know about a reverse stock split.

Jamie Dimon says San Francisco is in 'far worse shape' than New York—and the data agrees

The JPMorgan CEO Dimon said San Francisco officials hadn’t taken care of the essentials citizens need like public safety and affordable housing.

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