It's a big week for Wall Street as many tech giants will report quarterly earnings later this week. We discuss what to look out for when Facebook, Amazon, Apple, Alphabet, and Microsoft release reports.
Facebook is expected to report big growth thanks to ad revenue. But will concerns over the News Feed and the growing number of fake accounts spook investors? Amazon will likely beat estimates after the company reported record sales during the holiday season. Apple is also expected to beat estimates but questions are swirling about whether the iPhone X is a success or a flop. Alphabet, the parent company of Google, continues to make strides in the hardware space. Investors will be looking to see whether Google can keep up with rival Amazon in the smart home device industry. And finally, Microsoft will likely report a successful quarter thanks to its investment in cloud computing.
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Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash.
X, the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates.
Elon Musk intends to focus more on his job as Tesla CEO, but it’s unclear if the billionaire will be able to solve a big problem of his own making.
The State Bar of California has disclosed that some multiple-choice questions in a problem-plagued bar exam were developed with the aid of artificial intelligence.
Instagram is expanding its use of artificial intelligence to determine if kids are lying about their ages on the app.
Google is confronting an existential threat as the U.S. government tries to break up the company as punishment for being a monopoly.
As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty.
Google has been branded an abusive monopolist by a federal judge for the second time in less than a year.
Seafood lovers know the fatty marbling is what makes tuna sashimi and sushi so tasty, but now a computer can assess it too.
