Is Google A Buy Amid Q1 Earnings Beat, Artificial Intelligence Spending War?
Here's what fundamental and technical analysis says about buying Google stock as generative artificial intelligence impacts its search advertising business.
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Yahoo FinanceApple stock pops 6% after results top estimates, company reveals $110 billion buyback
Apple stock popped after the iPhone maker reported better-than-expected Q2 earnings and boosted its dividend and share repurchase plans.
- Yahoo Finance
Pfizer stock gains 7% after earnings beat, company calls dividend 'secure'
Pfizer had a surprise beat in its COVID portfolio despite dim forecasts, but the company is still not feeling the love in its stock.
- TechCrunch
Google Gemini: Everything you need to know about the new generative AI platform
Google's trying to make waves with Gemini, its flagship suite of generative AI models, apps and services. To make it easier to keep up with the latest Gemini developments, we've put together this handy guide, which we'll keep updated as new Gemini models, features and news about Google’s plans for Gemini are released. Gemini is Google's long-promised, next-gen GenAI model family, developed by Google's AI research labs DeepMind and Google Research.
- TechCrunch
It's a sunny day for Google Cloud
Google Cloud, Google's cloud computing division, had a blockbuster fiscal quarter, blowing past analysts' expectations and sending Google parent company Alphabet's stock soaring 13%+ in after-hours trading. Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by the demand for generative AI tools that rely on cloud infrastructure, services and apps. Google Cloud's operating income grew nearly 5x to $900 million, up from $191 million.
- Yahoo Finance
Intel reports better than expected Q1 earnings but falls short on revenue outlook. Stock slides more than 5%.
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.
- TechCrunch
Generative AI is coming for healthcare, and not everyone's thrilled
Generative AI, which can create and analyze images, text, audio, videos and more, is increasingly making its way into healthcare, pushed by both Big Tech firms and startups alike. Google Cloud, Google's cloud services and products division, is collaborating with Highmark Health, a Pittsburgh-based nonprofit healthcare company, on generative AI tools designed to personalize the patient intake experience. Amazon's AWS division says it's working with unnamed customers on a way to use generative AI to analyze medical databases for "social determinants of health."
- TechCrunch
This Week in AI: Generative AI and the problem of compensating creators
This week in AI, eight prominent U.S. newspapers owned by investment giant Alden Global Capital, including the New York Daily News, Chicago Tribune and Orlando Sentinel, sued OpenAI and Microsoft for copyright infringement relating to the companies' use of generative AI tech. “We’ve spent billions of dollars gathering information and reporting news at our publications, and we can’t allow OpenAI and Microsoft to expand the big tech playbook of stealing our work to build their own businesses at our expense,” Frank Pine, the executive editor overseeing Alden’s newspapers, said in a statement.
- TechCrunch
Human composting and timber marketplaces: talking “industrial” VC with investor Dayna Grayson
While the venture world is abuzz over generative AI, Dayna Grayson, a longtime venture capitalist who five years ago co-founded her own firm, Construct Capital, has been focused on comparatively boring software that can transform industrial sectors. All that said, they’re barreling toward the future and – seemingly successfully – dragging some staid industrial businesses along with them.
- Yahoo Movies
May the Fourth be with you: Photos show how 'Star Wars' fans are celebrating the iconic films this year
Fans across the globe are dressed to the nines in their Star Wars gear.
- Yahoo Sports
Mavericks' Maxi Kleber reportedly out indefinitely with dislocated shoulder
Kleber suffered the injury during the Mavericks' series-clinching win Friday night over the Clippers.
- Engadget
Threads now lets you control who can quote your posts
Head of Instagram Adam Mosseri announced the update this weekend, saying he hopes it will “help keep Threads a more positive place.” Users can choose to turn off quotes entirely or limit them only to people they follow.
- Engadget
Google prohibits ads promoting websites and apps that generate deepfake porn
Google has updated its Inappropriate Content Policy to include language that expressly prohibits advertisers from promoting websites and services that generate deepfake pornography.
- TechCrunch
Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle
If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% over the first quarter in 2023, per Synergy Research. If you’re wondering what’s driving the growth, you probably guessed that it's related to generative AI and the copious amount of data required to build the underlying models.
- Yahoo Sports
NBA playoffs: Predictions for each second-round series and Game 7 of Cavaliers-Magic
Our NBA staff makes its picks for Knicks-Pacers and every second-round series, plus the only Game 7 of the first round.
- Yahoo Sports
Los Angeles Clippers 2024 NBA offseason preview: It's gonna be a tough summer
The Clippers will likely have some key free agents but are not expected to have any cap space.
- Yahoo Finance
Warren Buffett pays tribute to Charlie Munger on a 'tough day' for shareholders
This year’s Berkshire Hathaway annual shareholder meeting marked a new era for the Oracle of Omaha, Warren Buffett. It’s the investing legend’s first without his right-hand man, Charlie Munger.
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Wayfair Way Day 2024 deals are massive — save up to 80% on furniture, mattresses and more at the annual sale
We found 30+ deals for every room of your home, all editor-approved!
- Yahoo Life Shopping
Bethenny Frankel says this $11 Neutrogena drugstore buy is her 'favorite foundation, period'
Why spend a ton of money on designer makeup when this affordable formula works just as well?
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Shoppers say these headphones rival Beats — and Amazon's got 'em on sale for $20
Take it from over 57,000 five-star reviewers — these rock.
- Autoblog
Up to 74% off on grills, griddles, BBQs, pizza ovens, air fryers, and cooking essentials for Way Day 2024
Over 30 Wayfair deals on grills, griddles, air fryers, pizza ovens, and more outdoor cooking essentials from May 4 to 6.