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Alphabet's Google, Meta Platforms and TikTok were hit with complaints from European Union consumer groups on Thursday for allegedly failing to protect users from financial scams on their platforms. The move highlights growing pressure worldwide on Big Tech to do more to address the negative impacts of social media, particularly for children and vulnerable users. The complaints, filed by the European Consumer Organisation (BEUC) and 29 of its members in 27 European countries, were submitted to the European Commission and national regulators under the Digital Services Act, which requires large online platforms to do more to tackle illegal and harmful content.
Google (NASDAQ:GOOG) announced plans on Wednesday to invest US$15 billion into infrastructure projects across Missouri, including the construction of a new data centre in New Florence, located in Montgomery County. Missouri Governor Mike Kehoe said the investment highlights the state’s increasing importance as a hub for technology and innovation.
Blackstone (NYSE:BX) is forming a new U.S.-based AI data center company with Google in a large joint venture. Blackstone is committing US$5b in equity, while Google is supplying hardware, software, and technical services. The new platform will offer Google Cloud TPUs as compute-as-a-service to address rising AI infrastructure demand. A senior Google executive will lead the venture, reflecting deep operational involvement from the technology partner. For you as an investor, this moves...
Yahoo Finance Executive Editor Brian Sozzi speaks to music legends Wyclef Jean and will.i.am as they share behind-the-scenes stories of their biggest hits and explain how artificial intelligence and global culture will shape the future of the industry.
Competition is growing, but the AI chip maker’s sluggish stock doesn’t give enough credit for its strong position.
Pershing Square's lead investor made some big moves among the "Magnificent Seven."
Alphabet Inc. (NASDAQ:GOOGL) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 14, Google’s Gemini Enterprise Agent Marketplace received a significant boost. Amdocs confirmed the availability of its Telco Agents for Customer Experience on the marketplace. Built with Google’s AI models, the agents on offer are designed for enterprise-scale deployment […]
(Bloomberg) -- The latest report from Nvidia Corp. may have left its investors wanting more but it gave a jolt to the shares of a broad swath of Asian tech companies. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go MainstreamA B
(Bloomberg) -- The windfall earned by Asian chip makers is coursing through the world economy, mirroring on a global scale the circular flow of money within the AI ecosystem.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainst

<body><p>STORY: Nvidia on Wednesday forecast second-quarter revenue above Wall Street expectations, and assured investors that new customers would let it maintain blockbuster rates of growth. </p><p>The world's most valuable company expects sales of around $91 billion, compared with estimates of about $87 billion.</p><p>For the first quarter, Nvidia reported revenue of $81.6 billion, also beating forecasts.</p><p>However, its shares dropped over 1% in extended trading, in a sign that investors believe Nvidia will face tougher competition.</p><p>That could come from U.S. rivals Intel and AMD, which are finding new demand for their chips in AI applications. </p><p>Nvidia CEO Jensen Huang told analysts his firm would grow faster than so-called "hyperscale" customers like Alphabet and Amazon.</p><p>He pointed to a new segment of smaller customers in its data center business that includes AI-specific cloud firms.</p><p>He added that the company's new "Vera" central processors give it access to a $200 billion market.</p><p>Huang said Nvidia expects $20 billion in revenue from the new silicon by the end of this fiscal year, in addition to the $1 trillion for existing Blackwell and Rubin chips by 2027.</p></body>
Alphabet's Google unit is launching a new line of AI-powered smart glasses with real-time translation and voice navigation features. The glasses are being developed in partnership with eyewear brands including Warby Parker and Gentle Monster. This marks Google's return to the consumer wearable space with Gemini-powered hardware beyond laptops and smartphones. For investors watching NasdaqGS:GOOGL, this move into AI smart glasses adds another hardware angle to a business that is still mostly...
U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record high for the quarter, an industry report showed on Thursday. Energy storage capacity grew 32% in the quarter from a year ago despite federal actions the industry says are slowing clean energy development, the report by the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence said. The SEIA said the demand is being driven by data centers, volatile electricity prices and disruptions to global gas and gas turbine supplies.
Google will invest $15 billion in a new Missouri data center campus tied to grid expansion and workforce development.
Google will invest $15 billion in a new Missouri data center campus tied to grid expansion and workforce development.
Nike (NYSE:NKE) has rolled out an AI powered shopping experience in partnership with Google. Customers can explore and buy Nike products directly through Gemini and Google Search. The launch comes ahead of a major international football tournament, targeting global fan interest. Nike is a global sportswear company that has been pushing deeper into digital commerce and direct to consumer channels. This new tie up with Google puts its products in front of shoppers where they already search,...
(Bloomberg) -- US insurer Aflac Inc. on Thursday sold a yen bond totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan’s credit market.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksSpaceX Filing Reveals $4.28 Billion Loss, Musk’s Tight GripHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electr
Jensen Huang is betting on a new AI lab that thinks the current chatbot frenzy is just the beginning. Nvidia (NVDA) has already emerged as one of the greatest winners of the artificial intelligence boom. Its chips now make up the backbone of most of the infrastructure powering modern AI, helping ...
Google held its annual developer conference last week and unveiled Gemini 3.5 Pro, new AI search integrations, and a product lineup that BofA called evidence of "accelerating velocity of AI innovation." The stock barely moved. That is the strange position Google finds itself in heading into the ...
(Bloomberg) -- Elon Musk’s legal battle against OpenAI has hung over the ChatGPT maker for more than two years, threatening to unravel its restructuring as a for-profit business and undermine its plans to go public.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersUS Treasuries Re
CEO Jensen Huang says that Nvidia's growth prospects go beyond the massive spending from hyperscalers. Hyperscalers are the massive cloud providers, like Microsoft and Alphabet, that are spending hundreds of billions of dollars on AI. The concern on Wall Street is that eventually these companies will eventually stop spending as much on Nvidia chips.
Investing.com -- Anthropic is projected to more than double its revenue from $4.8 billion in the first quarter to $10.9 billion in the second quarter, according to a report from the Wall Street Journal, citing figures shared during an ongoing funding round.
Arm stock pushes higher as Bernstein initiates coverage with an “outperform” rating. Here’s why analyst David Dai sees ARM shares ripping higher from here as the year unfolds.
(Bloomberg) -- Nvidia Corp., the world’s most valuable company, delivered a sales forecast that drew a lukewarm reaction from investors, even as revenue from data center operators continued to surge. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersUS Treasuries Rebound on Optimi
One theme of Nvidia's fiscal first-quarter results is capital return to shareholders. The company increased its quarterly payout to 25 cents from 1 cent. That's a 2,400% increase. Nvidia increased its dividend by 900% in mid-2024.
Nvidia's first-quarter data center sales soared by 92% from last year to $75 billion, a new record. Nvidia also changed how it breaks up data center sales in its reporting. It's now showing how much of it comes from outside of the so-called "hyperscalers" of Amazon.com, Microsoft, Alphabet, and Meta Platforms.
Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday, and announced an $80 billion share repurchase program. Shares of the company were marginally down in extended trading. The world's most valuable company expects revenue of $91 billion, plus or minus 2%, compared with estimates of $86.84 billion, according to data compiled by LSEG.
Glassdoor Senior Economist Daniel Zhao joins Brooke DiPalma on Market Domination to discuss employee confidence as companies continue trimming headcount and accelerating AI-driven workplace changes. Zhao explains why workers who embrace AI tools and adapt their skill sets may be better positioned for long-term job security.