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Microsoft stock slips more than 3% in extended trading on disappointing revenue guidance

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Satya Nadella, chief executive officer of Microsoft Corp., speaks during the company event on AI technologies in Jakarta, Indonesia, on Tuesday, April 30, 2024.Dimas...
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Over 25% of Google’s code is written by AI, Sundar Pichai

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Some have accused the tech giants of blowing AI smoke on earnings calls—touting the supposed benefits of massive capital expenditures without reporting any tangible...
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Time Is Running Out for Big Tech to Deliver AI Profits

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The most urgent questions for tech investors are: Who is going to make a windfall from the AI frenzy, and at what cost?There’s a...
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Bad news for coders? Google CEO Sundar Pichai says over 25% of company’s code is created by AI

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Google is increasingly relying on artificial intelligence (AI) to generate its software code, with more than a quarter of its new code now created...
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Google’s new CFO makes earnings call debut, says company can ‘push a little further’ on cost cuts

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Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli LillyEli LillyFor nine years, the CFO role at Google and parent company Alphabet...
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Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations

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Ford and Lincoln vehicles are displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty ImagesDETROIT —...
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Apple analyst Kuo says company cut iPhone 16 orders by 10 million units

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A series of iPhone 16s on display inside the Apple store at Tun Razak Exchange in Kuala Lumpur, Malaysia, on Sept. 20, 2024.Annice Lyn...
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Tesla shares jump 10% on profit beat as company benefits from environmental credits

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Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024Source: Tesla...
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Dow posts back-to-back loss Tuesday as Wall Street’s rally pauses: Live updates

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Traders work on the floor of the New York Stock Exchange on Oct. 22, 2024.Spencer Platt | Getty ImagesThe S&P 500 and the Dow...
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Netflix Adds 5.1M Subscribers, Beating Wall Street Forecasts

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Netflix delivered third-quarter results above Wall Street expectations in many categories, including a gain of 5.1 million subscribers from the previous quarter. Total revenue of...
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Chip firm ASML shares plunge 15% after warning of weaker China sales in early release

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An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background.Nurphoto | Nurphoto | Getty ImagesShares in semiconductor...
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Oracle Stock: Analyst Sees Microsoft, AWS, Google Deals Unlocking Growth

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Oracle's (ORCL) trio of partnerships with top cloud services providers Amazon, Microsoft and Google parent Alphabet could help power a major "cloud migration story" with...
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