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Amazon Results to Bring More Scrutiny for AI-Tethered Stocks

(Bloomberg) -- Amazon.com Inc.’s “show-me” moment will arrive on Tuesday when its earnings become the latest litmus test on appetite for heavy artificial intelligence spending.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for 390 Minutes a Day....
Paul Marino Ted Mortonson Bloomberg Businessweek Jeran Wittenstein Apple Inc Microsoft Corp
Source: yahoo.com

AMD Gives Tepid Forecast Amid Weak Demand for Gaming Chips

(Bloomberg) -- Advanced Micro Devices Inc. shares declined as much as 8.1% after the chipmaker gave a disappointing forecast for artificial intelligence processors, a lucrative market now dominated by Nvidia Corp.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketUS and Saudis Near Defense Pact Meant to Reshape Middle EastNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTre
Bloomberg Businessweek Lisa Su Nvidia Corp Intel Corp Microsoft Corp Sony Corp
Source: yahoo.com

Google Announces Layoffs Across Key Teams As It Gears Up For I/O Developer Conference

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, ahead of its annual I/O developer conference in May, has confirmed layoffs across various vital teams such as Flutter, Dart, Python, and others, according to employee reports on social media. The tech giant did not specify the teams, roles, or the number of individuals affected, TechCrunch reports. Google spokesperson Alex García-Kummert explained that these changes aim to align resources with the company’s most significant product pr...
United States Kevin Moore Alex Garc Microsoft Corp Salesforce Inc Alphabet Inc
Source: yahoo.com

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