Estimates

Alphabet share takes a hit as revenue from Google Search misses estimates, AI costs go up exponentially Alphabet has reported its earnings and revenue for the quarter ending on December 2023 following which its shares took a…

Microsoft Corp beat Wall Street estimates for second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.Microsoft shares fell 1% in after-hours trading. They climbed 57% last year. Along with a rally in other tech stocks, including Alphabet and Nvidia, Microsoft helped fuel a 24% surge in the S&P 500 in 2023.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM LucknowIIML Executive…

Google-parent Alphabet’s fourth-quarter advertising revenue fell below Wall Street expectations on Tuesday, as high interest rates pressure marketing budgets, sending its shares down 4% in extended trading.Alphabet has been seeing tough competition for ad budgets, amid mixed economic signals in the United States, from other online platforms such as Facebook, Instagram, TikTok, and Amazon.The company recorded ad revenue of $65.52 billion in the fourth quarter, compared with $59.04 billion a year earlier. Analysts on…

Microsoft beat Wall Street estimates for second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.Microsoft shares fell 1% in after-hours trading. They climbed 57% last year. Along with a rally in other tech stocks, including Alphabet and Nvidia, Microsoft helped fuel a 24% surge in the S&P 500 in 2023.Revenue grew 18% to $62 billion in the quarter ended December 31, compared with the average analyst estimate of $61.12 billion, according to LSEG data.Revenue at…

General Motors Chief Executive acknowledged that electric vehicle growth has slowed but said sales will still rise in 2024. General Motors reported higher quarterly profits Tuesday thanks to continued robust vehicle pricing amid strong North American demand, offsetting the hit from a labor strike.…

Intel on Thursday forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples with uncertain demand for its chips used in the traditional server and personal computer markets.Shares fell 10% in after-hours trading, setting the stock up for a roughly $20 billion fall in market value on Friday if the losses held. Intel stock gained 66% in the past year, as the PHLX Semiconductor Index rose 53%.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

January 25, 20244min readResearchers calculated the number of pregnancies resulting from rape in states where abortion was banned throughout pregnancy after the Supreme Court’s Dobbs decisionBy Tanya LewisAbortion rights protesters rally outside of the Texas State Capital in 2022. A new study estimates the number of rape-related pregnancies in states with abortion bans. After the U.S. Supreme Court overturned Roe v. Wade in Dobbs v. Jackson Women’s Health Organization in 2022, total abortion bans went into effect in 14…

A Tesla vehicles charge, Wednesday, Sept. 27, 2023, in Woodstock, Ga. Tesla reports their earnings on Wednesday, Jan. 24, 2024. Credit: AP Photo/Mike Stewart, File Tesla's net income more than doubled last quarter thanks to a big one-time tax benefit, but it warned of "notably lower" sales growth this year.…

IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its IT software and consultancy services from businesses looking to adopt artificial intelligence (AI).Shares of the company were up more than 8% in extended trading.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Product ManagementVisitIIT DelhiIITD Certificate Programme in Data Science & Machine…

Jason Hiner/ZDNETThe Apple Vision Pro opened for pre-ordersNow, it appears that orders are exceeding the available supply, causing Vision Pro shipping estimates to not only slip into March but many Apple stores are also out of stock for in-store pickup of the mixed reality headset. The Apple Vision Pro launched for pre-orders in the US with three storage options, a 256GB option starting at $3,499, a 512GB variant starting at $3,699, and a 1TB option for $3,899. Also: Someone made a Vision Pro travel case that's half…