Google is headed to court, again, to defend itself against accusations of privacy violations. On Thursday Texas Attorney General Ken Paxton announced that his office sued Google for allegedly gathering biometric data from millions of Texans without their informed consent. "Google's indiscriminate collection of the personal information of Texans, including very sensitive information like biometric identifiers, will not be tolerated," Paxton said.
Expectations for a slowdown in some of Enphase's business in the first quarter took the air out of the stock today.
Google debuted a number of new AI-powered search features at an event on Wednesday, as it fights off a new advance by Microsoft into the search market.
Intel (NASDAQ: INTC) might have just had one of the worst years in the history of blue chip stocks. During the year it lost $9.4 billion in free cash flow and the stock price fell nearly 50%. An inventory glut in the semiconductor industry, especially in PC chips, hammered peers like Advanced Micro Devices and Micron Technology as well, and a decline in PC demand is also weighing on performance.
Tesla is sending out invites to its highly anticipated Investor Day on March 1st, but CEO Elon Musk says there will be more to come — his Master Plan part 3.
Shares of luxury fashion company Capri Holdings (NYSE: CPRI) dropped like a rock on Wednesday after the company delivered quarterly results and financial guidance that fell short of Wall Street's expectations. As of 10:30 a.m. ET, Capri Holdings stock was down by a whopping 25%, pushing it below where it was trading exactly 10 years ago. Wall Street's reaction to Capri Holdings' results for its fiscal 2023 third quarter looks a little extreme when considering its top-line figure.
Yahoo Finance's Pras Subramanian joins the Live show to discuss the expectations for Tesla's 'Master Plan 3'.
Shares of Teva Pharmaceutical Industries (NYSE: TEVA) were sliding 5.4% lower as of 11:47 a.m. ET on Wednesday. The decline came after the drugmaker announced its 2022 full-year and fourth-quarter results. Teva reported fourth-quarter revenue of $3.88 billion, down 5% year over year.
Lumen's (LUMN) Q4 performance was affected by decline in revenues across all segments.
The Biden administration’s new stock buyback tax will have little impact on the overall stock market. This tax has set off alarm bells in some corners of Wall Street, on the theory that buybacks were one of the biggest props supporting the past decade’s bull market — and anything weakening that prop could lead to much lower prices. One reason is that the new excise tax — whether 1% or 4% — is applied to net buybacks — repurchases in excess of how many shares the corporation may have issued.
What happened After selling off 11% on Tuesday, shares of artificial intelligence stock C3.ai (NYSE: AI) roared back this morning, gaining 8.9% through 10:30 a.m. ET. It wasn't anything that C3.ai said or did, however, that sparked this rally.
C3.ai (NYSE: AI) and Palantir (NYSE: PLTR) represent two different plays on the secular growth of the enterprise AI software market. C3 develops AI algorithms that can be integrated into an organization's existing software to automate tasks, improve employee safety, cut costs, and detect fraud. Palantir's platform accumulates large amounts of information from disparate sources to help organizations make better data-driven decisions.
The telecommunications company pressed the reset button and disappointed Wall Street with its outlook in a Tuesday afternoon report
Yahoo Finance Live’s Brian Sozzi breaks down a Citi’s decision to cut its revenue forecast for PayPal.
Yahoo Finance Live’s Brian Sozzi breaks down the stat of the day.
Yahoo Finance Live anchors discuss fourth-quarter earnings for CVS.
Paycom's (PAYC) Q4 results reflect the benefits of strong demand, new business wins and the adoption of recent new product offerings.
Yahoo Finance Live anchors discuss the expectations for Disney earnings following the return of CEO Bob Iger.
V.F., an S&P 500 Dividend Aristocrat, raised its payout for at least 25 straight years before cutting. Here's how to select dividend stocks for safety.
ViaSat (VSAT) delivered earnings and revenue surprises of -74.29% and 3.21%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Shares of Compass Minerals International (NYSE: CMP) had tumbled nearly 13% at 10:30 a.m. ET on Wednesday. Compass Minerals International got "off to a mixed start" in its fiscal year, according to comments by CEO Kevin Crutchfield in the earnings press release. While results improved in its salt division, weak demand in its plant nutrition segment and cost pressures hurt its financial results.
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