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By Diana Novak Jones May 29 (Reuters) - A Kentucky school district secured approximately $27 million in settlements from social media companies over claims they fueled a student mental‑health crisis,
The $37 billion AI run rate gives Microsoft a clearer monetization benchmark, while in-house models could help manage the cost of serving AI demand across Azure and Microsoft 365.
A Kentucky school district secured roughly $27 million in settlements from Meta Platforms and other social media companies over claims they fueled a student mental‑health crisis, according to records seen by Reuters on Friday. Meta agreed to pay the most at $9 million in the bellwether case for school districts, according to documents that reveal financial terms for the first time as terms of the deals had not been disclosed in court. The operator of Instagram, Facebook and WhatsApp settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following settlements by co-defendants Snap Inc, YouTube parent Alphabet and TikTok parent ByteDance.
Alphabet is a major SpaceX shareholder.
Wall Street traders are increasingly hedging exposure to Big Tech credit as hedging activity tied to AI-era borrowing surges, pushing outstanding credit default swap (CDS) volume to record levels. In a Wednesday post on X, The Kobeissi Letter stated that...
In the latest trading session, Alphabet Inc. (GOOG) closed at $376.43, marking a -2.51% move from the previous day.
In the latest trading session, Alphabet (GOOGL) closed at $380.34, marking a -2.51% move from the previous day.
The stock market hit fresh highs on Iran deal hopes. Nvidia, Tesla lead five trillion-dollar titans near buy points.
We just covered the Claude Stock Portfolio: Top 10 Stocks to Buy According to AI Chatbot. Broadcom Inc (NASDAQ:AVGO) ranks #1 (see Claude Stock Portfolio: Top 5 Stocks to Buy According to AI Chatbot). Number of Hedge Funds: 202 Broadcom Inc (NASDAQ:AVGO) is one of Claude’s top AI stock picks. The reasoning is straightforward: Claude […]
Eli Lilly is near an all-time high in Friday's stock market after a strong first-quarter report. Shares are below a 1133.95 pivot.
The world's biggest PC maker surged 109% in May after AI revenue hit 38% of quarterly sales. Goldman Sachs more than doubled its target.
Alphabet's Waymo will offer unsupervised public rides in California and Arizona with its purpose-built Ojai vehicle.
Apollo and Blackstone are seeking investors for a TPU-backed debt deal tied to Anthropic's AI infrastructure buildout.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
The people deciding that AI can replace your job are also the ones least likely to understand what your job truly involves, according to Box founder Aaron Levie, who pointed to this as an example of “AI psychosis.” Indeed, ClickUp recently cut 22% of its workforce for AI agents, tech layoffs in 2026 are already nearly matching all of 2025, […]
The company reported better-than-expected earnings but analysts are focused on the AI product pipeline.
Google and Blackstone plan to build 500MW of US data centre capacity by 2027 to offer TPU-powered “compute-as-a-service” for AI workloads. This venture is signalling a strategic shift: compute capacity is increasingly viewed as core infrastructure, even as power, permitting, and other challenges mount.
Scott Melker discusses the Google engineer who was charged with insider trading on Polymarket. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
Alphabet's Google Cloud posts a monster Q1'26: revenues rise 63% to $20B, margin 32.9%, and backlog hits $462B.
Peabody is more than a power-generation coal producer. Its growth potential relies on Centurion, an Australian mine that must deliver more consistent steelmaking coal earnings.
Alphabet (GOOGL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Advertising has quietly become the economic engine powering much of the modern internet. For years, investors viewed digital ads as a simple growth story — more users, more engagement, more revenue. But what happens when the same data used to sell sneakers and streaming subscriptions can also be used to track American troops? That question ... Is Big Tech Creating a National Security Crisis? Pentagon Says U.S. Troops Were Targeted Using Ad Data
While Dell Technologies (DELL) stock surges by 30% in Friday trading after reporting first quarter earnings boosted by AI server sales, what exactly does it mean for a company to run "on-prem" AI — or on-premises — as opposed to running it through a traditional AI data center? TECHnalysis Research, LLC president Bob O'Donnell helps answer this question.
Amazon merges Rufus and Alexa+ into free Alexa for Shopping, touting AI-driven sales and ad gains, but rising AI costs and margin pressure loom.
State data shows Tesla has 42 authorized robotaxis in Texas, far below Waymo's fleet size.
The case may create new legal risks for Google's search advertising business.
Microsoft (MSFT) stock has declined roughly 12% over the last six months and currently trades around $425, well off its October 2025 peak of $542. Investors are worried, and the concern is legitimate: rising capital expenditure is compressing near-term returns. But does that make the stock a sell? We don't think so. Here is why.
New filings show in Texas show the number of fully self-driving cars that are in Tesla's robotaxi fleet. A top executive at Tesla teased that Cybercabs would soon join the company's fleet of robotaxis.
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