Meta profits soar but costs of AI cause worry
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street.
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Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street.
5 hours ago
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Tesla's first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would move up production of new, more affordable vehicles.
Apr 24, 2024
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Tesla knocked roughly a third off the price of its "Full Self Driving" system—which can't drive itself and so drivers must remain alert and be ready to intervene—to $8,000 from $12,000, according to the company website.
Apr 22, 2024
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Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult ...
Apr 19, 2024
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Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 17% in their Wall Street debut.
Apr 18, 2024
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Donald Trump's media group said Tuesday it will launch a streaming television platform, but its shares continued to tumble on Wall Street.
Apr 16, 2024
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The stock price for Donald Trump's social media company slid again Monday, pushing it more than 66% below its peak set late last month.
Apr 16, 2024
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When Nebraska Engineering researchers began cooking up new recipes for manufacturing railcar bearing components, they expected there would be a few offerings that wouldn't be as satisfying.
Apr 15, 2024
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New York City is poised to launch the first congestion pricing plan to reduce traffic in a major U.S. metropolitan area. Like many journeys in the Big Apple, this one has been punctuated by delays. Once the system starts ...
Apr 10, 2024
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On 24 February 2022, the Russian army entered Ukraine, escalating a conflict that had begun almost a decade earlier. On the same day, the European Council held an urgent meeting to respond to the aggression and to study emergency ...
Apr 9, 2024
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