The stock has fallen around 30% so far this year as they trail rivals in producing advanced AI chips and components.
Read More Chipmaker Intel falls as AI competition hurts forecast
Tag: Alphabet
Net neutrality rules to be restored in US agency vote
The FCC will vote reinstate landmark net neutrality rules and assume new regulatory oversight of broadband internet.
Read More Net neutrality rules to be restored in US agency vote
Microsoft’s AI lead puts Amazon cloud dominance on watch
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com.
Read More Microsoft’s AI lead puts Amazon cloud dominance on watch
Wall St gains after Friday sell-off, Mideast tensions subside
Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.
Read More Wall St gains after Friday sell-off, Mideast tensions subside
Google terminates 28 employees for protest of Israeli cloud contract
Google said it had terminated 28 employees after some staff participated in protests against the company’s cloud contract with the Israeli government.
Read More Google terminates 28 employees for protest of Israeli cloud contract
Wall St gains from megacaps thrust; earnings, Fed comments on tap
Wall Street’s main indexes rose on Wednesday, boosted by megacap growth stocks and as corporate results rolled in.
Read More Wall St gains from megacaps thrust; earnings, Fed comments on tap