Alphabet shares rise on stronger-than-expected revenue growth
Economy

Alphabet shares rise on stronger-than-expected revenue growth

Alphabet and Google CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk at Google for Startups in Warsaw, Poland, on February 13, 2025. Klaudia Radecka | Nurphoto | Getty Images Alphabet the parent company of Google and YouTube, reported stronger-than-expected first-quarter growth on Thursday after the bell. Shares rose more than 5% in after-hours […]

Intel issues weak guidance, says it will slash expenses this year
Economy

Intel issues weak guidance, says it will slash expenses this year

Intel Corporation’s headquarters in Santa Clara, California, April 23, 2025. David Paul Morris | Bloomberg | Getty Images Intel reported first-quarter results Thursday that beat analysts’ estimates, while issuing disappointing guidance and announcing plans to slash expenses in the coming year, the first under CEO Lip-Bu Tan. The stock fell in extended trading. Here’s how […]

FTC sues Amazon over ‘deceptive’ Prime sign-up and cancellation process
Economy

FTC sues Amazon over ‘deceptive’ Prime sign-up and cancellation process

The Federal Trade Commission on Wednesday sued Amazon, alleging the nation’s dominant online retailer intentionally duped millions of consumers into signing up for its mainstay Prime program and “sabotaged” their attempts to cancel.The agency claims Amazon violated the FTC Act and the Restore Online Shoppers’ Confidence Act by using so-called dark patterns, or deceptive design… […]

Intel stock drops 6% as company updates chip manufacturing plans
Economy

Intel stock drops 6% as company updates chip manufacturing plans

Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. initial public offering at the Nasdaq MarketSite in New York, Oct. 26, 2022.Michael Nagle | Bloomberg | Getty ImagesIntel stock dropped 6% Wednesday after the company gave investors an update on the company’s turnaround plan to become a chip manufacturing company competing with Taiwan Semiconductor… […]

Google accuses Microsoft of unfair practices in Azure cloud unit
Economy

Google accuses Microsoft of unfair practices in Azure cloud unit

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019.Michael Short | Bloomberg | Getty ImagesGoogle, which has spent years defending itself against claims of monopolistic behavior across the U.S. and Europe, is going public with its own complaint of anti-competitive practices by longtime rival Microsoft.In a… […]