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Sundar Pichai, Alphabet CEO.Source: Alphabetmeta and alphabet Both companies beat expectations in their earnings reports on Wednesday, posting their best growth in years. They also raised guidance on capital spending this year, telling investors they will continue to pour money into artificial intelligence infrastructure. But despite similarly upbeat results, Wall Street’s reaction was very different. Alphabet shares soared 7% in after-hours trading, while Meta shares fell 7%. This is a continuation of a theme that has hampered Meta throughout the generative AI boom. Alphabet and its fellow hyperscalers, on the other hand, microsoft and Amazon Companies have large cloud infrastructure…
At the unveiling of a towering bronze statue depicting North Korean and Russian soldiers in combat, Kim Jong Un praised soldiers who chose death over captivity during combat in Ukraine. This was a surprising and unusual acknowledgment of North Korea’s long-suspected battlefield doctrine. According to a transcript published by North Korean state media KCNA, Kim declared that those who “chose suicide bombing without hesitation” showed the highest loyalty, referring to soldiers who throw themselves into grenades and explosives or detonate them without risking capture. Mr. Kim made the remarks at the opening ceremony of a vast new memorial complex on…
Lady Gaga & Michael PolanskiTechnology entrepreneur Michael Polanski wanted to know more about his love for Lady Gaga, so he popped the question to the megastar in April 2024. Even before the two met, the Grammy winner’s mother, Cynthia Germanotta, knew they would be matched up against each other. “When my mom met him, she said to me, ‘It looks like you just met your husband,’ and I said, ‘I’m not ready to meet a husband!'” Gaga recalled to Vogue in an interview shared in September 2024. “Did you ever imagine that my mother… would find me the most perfect…
by Reuters and Associated PressPublished April 30, 2026April 30, 2026A delegation from the Iranian Football Federation turned away at Toronto’s main airport this week due to treatment by Canadian immigration authorities and announced they will be absent from the pre-World Cup FIFA meeting in Vancouver.Iran’s Tasnim news agency reported on Wednesday that members of the delegation, including federation president Mehdi Taj, secretary-general Hedayat Mombeni and deputy secretary-general Hamed Momeni, were turned away after arriving at Toronto’s Pearson Airport due to “unacceptable behavior of immigration officials” despite having valid visas.The Iranian delegation was on its way to Vancouver to attend Thursday’s…
Check out the companies that made headlines after the bell: Booking Holdings — Shares fell nearly 4% after the travel technology platform cut its full-year adjusted earnings per share growth estimate to “low to mid-teens,” citing the delayed impact of the Middle East conflict through the end of June. However, Booking had the best performance in both sales and bottom line in the first quarter. In line with this, Expedia Group’s stock price fell by about 3%. Mondelez International — The maker of Oreo cookies and Sour Patch kids candy rose 2% after reporting first-quarter adjusted profit of $10.08 billion,…
When Meta released its quarterly earnings report Wednesday night, colleagues pointed out that Meta had a $4 billion loss at Reality Labs, the company’s division responsible for AR glasses, VR headsets, and VR software. At first I yawned. It seems no surprise that Meta lost $4 billion on Reality Labs. That’s natural. Reality Labs lost another $4 billion, but the sky is blue. Then I realized that it was worth noting in itself. For the meta, a loss with this unit is literally an average move. Over the past 21 quarterly earnings reports dating back to 2021, Meta has totaled…
AI legal tech Legora ad featuring Jude Law. Credit: LegolaNvidia’s Venture arm NVentures has invested in Swedish AI legal tech Legora at a valuation of $5.6 billion, as the chip giant continues to raise startup funding around the world. Regola exclusively told CNBC on Thursday that Nvidia backed the company as part of a $50 million Series D extension, bringing the total to $600 million after the initial close in March. Atlassian, Adams Street Partners, and Insight also participated in the expansion.Investors are flooding into promising young AI companies, betting big on the technology’s commercial potential to reshape entire industries…
Patrick was born in 1993 and is Arnold and Maria’s eldest son. While it’s great that both of his parents are in the business, he also credits his brother-in-law Chris for helping him get a piece of the plum.”I remember Chris saying, ‘I know there’s a young role for Donnie Mitchell, and you’re going to be the youngest in the platoon,'” Patrick told Jimmy Kimmel, who booked him to appear in the 2022 Amazon Prime Video series The Terminal List. “But if you want to take this role, you need to get into the character and really understand it. You…
House Rules Committee Chair Rep. Virginia Foxx (R-North Carolina) speaks with ranking member Rep. Jim McGovern (D-Mass.) during a Rules Committee hearing on a bill to end the partial government shutdown on February 2, 2026, at the U.S. Capitol in Washington, DC. Chip Somodevilla | Getty ImagesThe Department of Homeland Security has been shut down for more than 70 days, Congress appears deadlocked on a series of controversial issues, and there is no immediate prospect of resolving the funding gap.As the House of Representatives turned its wheels Tuesday, some members turned to higher powers. “I have a copy of the…
Elon Musk appeared in California federal court on Wednesday, claiming that Sam Altman and his co-founders “stole charity.” He left after acknowledging under oath that Tesla is not currently pursuing artificial general intelligence (AGI), which directly contradicts a tweet he posted a few weeks ago. It was that kind of day for Musk. The lawsuit he filed challenging OpenAI’s structure alleges that Altman and his other co-founders tricked him into supporting a nonprofit, creating a for-profit arm of Frontier Labs, and controlling the organization. After hours of testimony from the sometimes acerbic Mr. Musk, it appears the case may come…