Greg Bensigner News Today

By Akash Sriram and Greg Bensinger (Reuters) -Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, news cheered by investors who sent the stock surging more than 13% after the bell. The Google parent is returning cap...

Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.

A new study provides a muddled answer to whether Artificial Intelligence (AI) is the technological silver bullet and possibly a perspective on engineering responsibility.