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Alphabet CEO ‘Very, Very Confident’ That It Won’t Be ‘Costly To Serve’ Search Experience With Generative Answers

Alphabet Inc. CEO Sundar Pichai confidently addressed the integration of generative answers into Google Search, highlighting positive user feedback from initial tests in the U.S. and U.K., and expressed the company's ability to manage associated costs, latency, and monetization challenges effectively.

AAPL

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Alphabet CEO Sundar Pichai Lauds ‘Progress’ Despite Controversies Surrounding Google Gemini: Developer And Enterprise Customers Use It For ‘Wide Range Of Things’

Alphabet Inc. CEO Sundar Pichai expressed satisfaction with the development of the company's Gemini AI, highlighting its significant performance improvements and its acceptance among developers and enterprise customers, despite facing controversies over its accuracy and image generation capabilities.

GOOG

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Western Digital Q3 Earnings: Revenue Beat, Higher ASP, Upbeat Q4 Guidance And More

Western Digital reported earnings of 63 cents per share and quarterly sales of $3.46 billion which beat the $3.36 billion analyst consensus estimate. "As evidenced by our excellent third quarter results, Western Digital continues improving through-cycle profitability and dampening business cycles by leveraging our strategy of developing a diversified portfolio of industry-leading products across a broad range of end markets," said David Goeckeler, Western Digital CEO. 

WDC

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Meta’s Q1 Earnings: Analysts Say Support Its AI Strategy, ‘Use Meta As A Source Of Funds,’ Question Long-Term Value

Meta Platforms reported Q1 2024 earnings. Analysts have mixed views, with some optimistic about Meta's focus on AI and the Metaverse, while others recommend selling the stock. Wedbush favors Google, while Needham suggests using Meta as a source of funds.

AAPL

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Stocks Drop, Tech Tumbles With Meta’s Weak Outlook, Q1 Stagflation Fears; Gold Miners Advance: What’s Driving Markets Thursday?

Wall Street suffers a double blow in Thursday’s session, as softer-than-expected revenue forecasts from Meta Platforms Inc. (NASDAQ:META) are being compounded by weaker-than-expected economic growth and higher inflationary pressures last quarter, raising fears of a stagflation phase

AZN