In a resounding victory, $Microsoft(MSFT.US$ announced its earnings for the last quarter, surpassing expectations and solidifying its position as the world's largest company by market capitalization. The tech titan's aggressive foray into artificial intelligence (AI) continues to pay off, with revenues and profits soaring to new heights.
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$Meta Platforms(META.US$, the social media and technology powerhouse, sent shockwaves through the market with its first-quarter financial results. Investors wasted no time in selling off shares, causing Meta Platforms stock to plummet and wiping out billions of dollars in company value. The reason for the panic? Meta's unexpected announcement of a more aggressive approach to investing in artificial intelligence (AI).
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$Tesla(TSLA.US$ just released its Q1 earnings yesterday, and while the numbers didn't quite meet market expectations, Elon Musk's theatrics managed to captivate the market, painting a picture of a dazzling future for Tesla. With the promise of a "revolutionary" cybercab and plans to roll out more affordable models by 2025, Musk worked his magic and sent Tesla's shares soaring by 13% during after-hours trading.
But before you get swept away by the hype,...
But before you get swept away by the hype,...
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Congress is teetering on the edge of passing a bill that could kick TikTok to the curb unless its Chinese owner, ByteDance Ltd., sells it off within a year. Brace yourself for a seismic shift in the social media landscape as the ban looms, sending shockwaves through companies like Meta Platforms and Alphabet. But hold on tight, because ByteDance isn't going down without a fight, and they're likely to challenge this law in court.
So, what's the next move?
$Meta Platforms(META.US$
So, what's the next move?
$Meta Platforms(META.US$