Economy

Google parent company Alphabet reported second-quarter results after the bell Tuesday that were in-line with analyst estimates on revenue and earnings, but missed on YouTube advertising revenue. Alphabet shares were down about 2% in after-hours trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings: $1.89 a share vs. $1.84 […]

Lina Khan, chair of the Federal Trade Commission, speaks during the 2024 CNBC CEO Council Summit in Washington, D.C., on June 4, 2024. Shannon Finney | CNBC The Federal Trade Commission is launching an investigation into so-called surveillance pricing, seeking more information about how artificial intelligence is used to change pricing rapidly based on data […]

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images OpenAI last week removed Aleksander Madry, one of OpenAI’s top safety executives, from his role and reassigned him to a job focused on AI reasoning, sources familiar with […]

A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in extended trading: Alphabet — The tech giant slipped 1% despite a beat on both top […]

U.S. President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement, in the Oval Office of the White House in Washington, D.C., June 2, 2023.Pool | Via ReutersWASHINGTON — President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to lift the debt ceiling… […]

In February 2020, I officially got the keys to my new home: a two-bedroom, 796-square-foot Victorian house that I bought for £1.The sale was part of the “homes for a pound” program created to revive the Webster Triangle, a small run-down area in Liverpool, England. But there was a catch: the house was in complete… […]

A major ETF firm provider is betting the artificial intelligence boom is just starting.Roundhill Investments launched the Generative AI & Technology ETF (CHAT) less than 20 days ago. It’s the first-ever exchange-traded fund designed to track companies involved in generative AI and other related technologies.”These companies, we believe, are not just a fad. They’re powering… […]

Trade fair visitors walk past a Google logo at the Google stand at Hannover Messe 2024. Julian Stratenschulte | Picture Alliance | Getty Images After years of delay, Google says it will no longer cancel and replace third-party cookies — a practice long used by advertisers — for its internet browser Chrome. Cookies are small […]

Elon Musk speaking during the Tesla Annual Shareholder’s meeting in Austin, Texas on June 13th, 2024. Source: Tesla Inc. Tesla will report second-quarter earnings after the bell on Tuesday. The company’s vehicle deliveries report on July 2 was better than analysts feared but still represented a decline from the previous year. The earnings call on […]

Representation of Ethereum, with its native cryptocurrency ether. Dado Ruvic | Reuters The U.S. Securities and Exchange Commission appears to have given the green light for exchange-traded funds that hold ether the world’s second-largest cryptocurrency. Trading is expected to begin as soon as Tuesday. Several fund issuers submitted additional registration statements Monday afternoon, and exchanges […]