(Bloomberg) -- Microsoft Corp. and Google owner Alphabet Inc. sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. Most Read from Bloomberg Tesla Axes Supercharger Team in Blow to Broader EV Market NYPD Arrests Over 300 Protesters in Crackdown on College Campuses Fed to Signal
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(Bloomberg) -- Tesla Inc. spent the weekend cutting prices of its models across China, Europe and the US amid slumping sales and a glut of inventory. Most Read from Bloomberg Elon Musk’s Robotaxi Dreams Plunge Tesla Into Chaos TikTok to Remove Executive Tasked With Fending Off US Claims Trump Has Only $6.8 Million for Legal
Netflix (NFLX) stock slid as much as 9.6% Friday after the company gave a second quarter revenue forecast that missed estimates and announced it would stop reporting quarterly subscriber metrics closely watched by Wall Street. On Thursday, Netflix guided to second quarter revenue of $9.49 billion, a miss compared to consensus estimates of $9.51 billion.
Today’s report marks a milestone in America’s comeback. Three years ago, I inherited an economy on the brink. With today’s report of 303,000 new jobs in March, we have passed the milestone of 15 million jobs created since I took office. That’s 15 million more people who have the dignity and respect that comes with
After the Florida Supreme Court cleared the way for a state ban on abortions after six weeks, clinics in North Carolina and Virginia say they are gearing up for an influx of patients. Once the law takes effect on May 1, Florida will no longer be a refuge for people seeking abortions across the South.
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The latest U.S. inflation data is "along the lines of what we would like to see," Federal Reserve Chair Jerome Powell said on Friday in comments that appeared to keep the central bank's baseline for interest rate cuts this year intact. The personal consumption expenditures (PCE) price
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Car insurance prices are skyrocketing without any immediate signs of relief — and customers are not happy about it. Nevada had the second-most expensive car insurance last year, with an average annual cost of nearly $3,000, according to the insurance comparison site Insurify. Unfortunately, for many in Nevada, auto insurance prices are about to get even higher this year.
Stocks ended the week with a thud, closing down on Friday, as investors pulled back after February's job report and market powerhouse Nvidia (NVDA) had a rare off-day. The S&P 500 (^GSPC) lost 0.7% after logging another record close on Thursday, while the Dow Jones Industrial Average (^DJI) shed 0.2%, with losses pared by a