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Tesla set to report fourth-quarter earnings after the bell

Tesla set to report fourth-quarter earnings after the bell

André Thierig, plant manager of the Tesla Gigafactory Berlin-Brandenburg, stands at the final inspection of the production of Tesla Model Y electric vehicles.  Patrick Pleul | Picture Alliance | Getty Images Tesla plans to release fourth-quarter results after the bell on Wednesday. Here’s what analysts are expecting, based on an average of estimates compiled by LSEG:

Tesla set to report fourth-quarter earnings after the bell Read More »

Microsoft’s underperformance has investors looking to cloud for growth

Microsoft’s underperformance has investors looking to cloud for growth

Satya Nadella, CEO of Microsoft, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Microsoft is in the middle of the artificial intelligence boom, but it’s been a while since investors have seen the rewards. The software giant’s stock price is up less

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Alphabet shares close above 0 for first time on split-adjusted basis

Alphabet shares close above $200 for first time on split-adjusted basis

Sundar Pichai, chief executive officer of Alphabet Inc. Kyle Grillot | Bloomberg | Getty Images Alphabet shares closed at $200 per share for the first time on Friday as investors grow increasingly bullish on the company’s opportunities in artificial intelligence. The stock gained 1.1% on Friday and a little over 2% for the week to

Alphabet shares close above $200 for first time on split-adjusted basis Read More »

Twilio shares pop 22% and head for biggest gain since Covid pandemic on growth forecast

Twilio shares pop 22% and head for biggest gain since Covid pandemic on growth forecast

Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared more than 20% on Friday and headed for their biggest gain since the early days of the Covid pandemic after the cloud communications software vendor issued an uplifting profit forecast for the coming years. The

Twilio shares pop 22% and head for biggest gain since Covid pandemic on growth forecast Read More »

Zuckerberg sets Meta’s AI targets for the year, expects to spend  billion on growth

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025.  Evelyn Hockstein | Reuters Meta CEO Mark Zuckerberg on Friday announced the company plans to invest around $60 to $65 billion in capital expenditure in 2025 as it continues

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth Read More »

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto

Avishek Das | Lightrocket | Getty Images After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin —

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto Read More »

Trump crypto plans have Wall Street CEOs ready to jump into digital assets

Trump crypto plans have Wall Street CEOs ready to jump into digital assets

A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Just days into President Donald Trump’s second administration, Wall Street is singing

Trump crypto plans have Wall Street CEOs ready to jump into digital assets Read More »

Trump is searching for potential TikTok buyers — who are the likely contenders?

Trump is searching for potential TikTok buyers — who are the likely contenders?

A 3D-printed miniature model of U.S. President-elect Donald Trump and TikTok logo are seen in this illustration taken January 19, 2025. Dado Ruvic | Reuters President Donald Trump wants a U.S. investor to take a major stake in ByteDance’s TikTok. Several parties are in contention even as potential buyers face a litany of legal hurdles

Trump is searching for potential TikTok buyers — who are the likely contenders? Read More »

Google restores Joe Biden to ‘US presidents’ search results, blames ‘data error’ for omission

Google restores Joe Biden to ‘US presidents’ search results, blames ‘data error’ for omission

David Gray | Bloomberg | Getty Images Google on Thursday blamed a “data error” after users reported that former President Joe Biden was missing from the company’s search results. Users on Wednesday noticed that results for search queries that included “US Presidents,” “United States Presidents” and “US Presidents in order” did not include Biden, who

Google restores Joe Biden to ‘US presidents’ search results, blames ‘data error’ for omission Read More »

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