- Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing sayson April 26, 2024 at 2:23 am
Drew Baglino, who announced he'd be leaving Tesla on April 15, is selling 1.14 million shares of the electric car company, according to a filing on April 25.
- Alphabet shares jump 14% on earnings beat, first-ever dividendon April 26, 2024 at 1:13 am
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.
- Alphabet tempers fears that it's falling behind in AI with blowout first-quarter resultson April 26, 2024 at 12:35 am
Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.
- Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spendingon April 26, 2024 at 12:18 am
Microsoft has more demand than supply for running artificial intelligence models in the cloud.
- Intel shares fall after company provides weak forecast for the current quarteron April 25, 2024 at 11:52 pm
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.
- Microsoft cloud growth accelerates on back of AI pushon April 25, 2024 at 10:40 pm
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.
- Snap shares soar 23% as company beats on earnings, shows strong revenue growthon April 25, 2024 at 10:35 pm
Snap reported first-quarter results that beat analysts' estimates
- Alphabet issues first-ever dividend, $70 billion buybackon April 25, 2024 at 10:15 pm
Google issued its first-ever dividend of 20 cents and authorized a $70 billion share repurchase program alongside its first-quarter earnings.
- Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock dropon April 25, 2024 at 10:00 pm
Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.
- Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideason April 25, 2024 at 8:47 pm
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.