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Tag: Bernstein

The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023. REUTERS/Shannon Stapleton/File Photo

US plan to break up Google’s search dominance threatens profit engine, AI growth

The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.

Read More US plan to break up Google’s search dominance threatens profit engine, AI growth
Travelers walk past a monitor displaying a blue error screen, also known as the "Blue Screen of Death" inside Terminal C in Newark International Airport, after a worldwide tech outage caused by an update to Crowdstrike's "Falcon Sensor" software which crashed Microsoft Windows systems, in Newark, New Jersey, U.S., July 19, 2024. REUTERS/Bing Guan/File Photo

CrowdStrike shares tumble 13% on IT outage impact

Microsoft said about 8.5 million Windows devices, or less than 1% of all Windows machines, were affected.

Read More CrowdStrike shares tumble 13% on IT outage impact
A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City. REUTERS/Caitlin Ochs/File Photo

Wall St edges up as Tesla and Apple gain; Fed decision awaited

Wall Street’s main indexes crept higher in volatile trading on Monday as shares of Tesla and Apple advanced.

Read More Wall St edges up as Tesla and Apple gain; Fed decision awaited
A view shows the Tesla logo on the hood of a car in Oslo

Tesla falls on long wait for Cybertruck payoff, hefty price tag

Tesla shares fell about 2% after the highly anticipated launch of its Cybertruck left analysts concerned about the EV’s steep price tag and a longer wait for significant financial payoff.

Read More Tesla falls on long wait for Cybertruck payoff, hefty price tag

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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