Alphabet just posted revenue and earnings that beat Wall Street estimates. The cloud division is becoming a hotbed for AI innovation, with numerous tools for clients to use.

Bryan Ma, vice president of client devices research at the research firm, discusses the launch of Apple's latest iPads.

Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) cloud later this month, company executives told Reuters, in a bold move by the U.S. online retailer to break into the global telecoms market.

Tesla is planning to rollout its robotaxis in China, state-owned newspaper China Daily reported. Elon Musk suggested implementing Tesla's Full Self-Driving technology in China's taxi services.

Cloud networking giant Arista Networks (ANET) saw its shares rise almost 7% higher in extended trading Tuesday after a trifecta of upbeat news—an earnings beat, better-than-expected current-quarter outlook, and a big share buyback program amid strong cloud demand from artificial intelligence (AI) applications.

Amazon.com, on Tuesday unveiled the first of a dozen Volvo electric big rigs it plans to deploy this year to pick up cargo from the nation's busiest container seaport in Southern California.

Bloomberg has learned that the US has revoked licenses allowing Huawei Technologies Co. to buy semiconductors from Qualcomm Inc. and Intel Corp. Jodi Schneider reports on Bloomberg Television.

Bloomberg has learned that the US has revoked licenses allowing Huawei Technologies Co. to buy semiconductors from Qualcomm Inc. and Intel Corp. Jodi Schneider reports on Bloomberg Television.

Tesla has proposed to launch robotaxis in China, newspaper China Daily reported on Wednesday, citing sources.

There are 4.95 billion people around the globe who use social media, accounting for the majority of internet users and more than half of the world's population, which is why the best social media stocks warrant attention. In particular, social media is a boon for advertising, a market estimated to be worth around $1 trillion globally in 2024.

There are 4.95 billion people around the globe who use social media, accounting for the majority of internet users and more than half of the world's population, which is why the best social media stocks warrant attention. In particular, social media is a boon for advertising, a market estimated to be worth around $1 trillion globally in 2024.

There are 4.95 billion people around the globe who use social media, accounting for the majority of internet users and more than half of the world's population, which is why the best social media stocks warrant attention. In particular, social media is a boon for advertising, a market estimated to be worth around $1 trillion globally in 2024.

While the top- and bottom-line numbers for Twilio (TWLO) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

While the top- and bottom-line numbers for Pros Holdings (PRO) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Twilio (TWLO) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.47 per share a year ago.

Luminar Technologies , a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period.

Upstart Holdings, Inc. (UPST) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to loss of $0.47 per share a year ago.

Meta is rolling out a new way for advertisers to create marketing materials.  Businesses can now use Meta's artificial intelligence (AI) tools to create images for advertising campaigns, Meta said in a Tuesday (May 7) blog post.

If you are in the business of providing loans, there will always be a demand for your product.  As for the customers that need to be served, the total addressable market (TAM) for annual loan originations is a whopping $3 trillion.

SentinelOne (S) concluded the recent trading session at $21.67, signifying a -0.09% move from its prior day's close.

Micron (MU) closed at $119.21 in the latest trading session, marking a -0.77% move from the prior day.

The latest trading day saw Oracle (ORCL) settling at $117.93, representing a -0.35% change from its previous close.

Zscaler (ZS) closed at $176.89 in the latest trading session, marking a -0.7% move from the prior day.

Synopsys (SNPS) reachead $549.61 at the closing of the latest trading day, reflecting a +0.75% change compared to its last close.

The latest trading day saw C3.ai, Inc. (AI) settling at $24.76, representing a -0.04% change from its previous close.

In the closing of the recent trading day, CrowdStrike Holdings (CRWD) stood at $312.55, denoting a -1.66% change from the preceding trading day.

Stock buybacks, or share repurchase programs, are commonly executed by companies to boost shareholder value.

Meta Platforms (META) announced a number of new artificial intelligence capabilities on its advertising platforms Tuesday as part of the company's latest investment into generative AI.

Pros Holdings (PRO) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $0.06 per share a year ago.

Arista Networks (ANET) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.43 per share a year ago.

Twilio forecast second-quarter revenue below Wall Street estimates on Tuesday, expecting a slowdown in demand as customers cut back on discretionary spending amid economic uncertainty.

Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker's top customer.

Reddit revealed its first quarter earnings today, its first earnings report since the company went public on March 21. Overall, the results were good for the company, surpassing analysts' expectations for its first post-IPO report.

Markets Defused aims to present an easy-to-understand and straightforward recap of the day's most engaging stock market news.   BP profits ‘miss' expectations Disney drops but streaming turns first profit Peloton stock rallies on takeover talk Crocs stock stomps higher despite Heydude slippage Ferrari revved up financial results, investor wanted more UBS financials smashed expectations Boeing on back foot again as FAA launches investigation Palantir's 2024 revenue forecast got a big AI boost   BP profits ‘miss' expectations London-listed oil major BP PLC (LSE:BP.

Wynn Resorts' (WYNN) 1Q adjusted EPS came in at $1.59 versus an estimated $1.43 and its revenue came in at $1.86B versus an estimated $1.77B. Lyft's (LYFT) 1Q adjusted EPS came in at -$0.08 versus an estimated $0.09 and revenue came in at $1.28B versus an estimated $1.17B.

The National Highway Traffic Safety Administration is pressing Tesla for answers about updates to the company's Autopilot driver assistance systems.

Arista Networks ANET, -1.73% said its revenue rose more than expected in the first quarter and authorized $1.2 billion in share buybacks.

One tech leader is gearing up to challenge Nvidia (NASDAQ: NVDA ) as a powerful new rival. Indeed, Apple (NASDAQ: AAPL ) reportedly wants to produce its own chips for artificial intelligence (AI) software in data centers.

Shares of Palantir Technologies fell 15.1% on Tuesday in their biggest daily percentage drop since May 2022, a day after the data analytics company gave a revenue forecast that disappointed.

Billionaire investor Stanley Druckenmiller said he cut his Nvidia stake in late March. The former hedge fund manager seemed to believe that the stock was fully priced.

As earnings season begins to wind down, the standout performers are easier to identify. While some stocks posted adequate quarterly earnings, others really wowed Wall Street.

Upstart Holdings Inc. beat expectations with its latest earnings, but the company's forecast for the current quarter came up short.

Beloved Apple AAPL has been in the headlines recently, with better-than-expected quarterly results bringing post-earnings fireworks. Up 8% over the last month, it seems that the technology titan has regained its mojo, outperforming relative to the S&P 500 in a big way.

Meta Platforms , the parent company of Facebook and Instagram, said on Tuesday it was expanding its suite of generative AI ads products to offer tools that can automatically create variations of images and overlay text atop them.

Amazon is bulking up its fleet of electric vehicles beyond the delivery vans that many customers are accustomed to seeing in their neighborhoods.

Given the rapid rise in AI relevancy, many have argued that AI stocks are currently in a bubble similar to the Dot-Com bubble in the 2000s. However, the main difference between the two eras is that most dot-com companies weren't actually producing any real products or services.

Given the rapid rise in AI relevancy, many have argued that AI stocks are currently in a bubble similar to the Dot-Com bubble in the 2000s. However, the main difference between the two eras is that most dot-com companies weren't actually producing any real products or services.

Given the rapid rise in AI relevancy, many have argued that AI stocks are currently in a bubble similar to the Dot-Com bubble in the 2000s. However, the main difference between the two eras is that most dot-com companies weren't actually producing any real products or services.

Semiconductor stalwart Nvidia (NASDAQ: NVDA ) — whose graphics processing units (GPUs) power multiple artificial intelligence (AI) models — has no shortage of supporters. However, one big investor recently decided to step off the AI-fueled hype train driving NVDA stock.

The U.S. Department of State has been working with a range of security vendors beyond Microsoft since China-linked hackers stole tens of thousands of the department's emails by breaching the tech giant's network last year, a senior official said.

Microsoft has reportedly built a generative AI model designed for U.S. intelligence agencies. The development marks a milestone in the artificial intelligence (AI) sector, in that officials at Microsoft say it is a large language model (LLM) that can function entirely separated from the internet, Bloomberg News reported Tuesday (May 7).

Palantir delivered robust results for the first quarter. High expectations and conservative guidance shook loose fair-weather investors.