Digital Markets Act enforcement pushes Google and Apple to react
The EU’s Digital Markets Act targets Google and Apple for alleged anti-competitive practices, sparking legal and geopolitical tensions....
Tag : Alphabet
Amazon-backed Anthropic’s valuation jumps to $61.5B
Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance....
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a "once-in-a-lifetime"...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model....
Wall Street rallies on softer-than-feared Trump trade policies
The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts....
OpenAI launches ChatGPT search, sending Alphabet and Microsoft shares down
OpenAI launched a new ChatGPT search feature, pressuring Google and Bing as tech stocks reacted sharply, with Alphabet and Microsoft shares both declining in the...
Historic EU decision sets precedent for global AI regulation
EU Parliament's historic decision paves the way for global AI regulation, setting comprehensive governance rules....
Pinterest shares dip on weak outlook, revenue miss
Pinterest shares dip on weak outlook and revenue miss, as CEO announces Google integration amidst challenges....
Tech stocks feel the heat from soaring Treasury yields
On Wednesday, U.S. stock markets experienced significant shifts, as investors navigated through diverse earnings reports and evolving Treasury yields. Notable indices showed marked volatility, with...
Meta Platforms enjoys stock surge after smashing Q1 earnings expectations
Meta Platforms (META) stock experienced a 14% surge on Thursday after the company’s Q1 results, released late Wednesday, exceeded expectations. The company also raised its...