Uber Technologies NYSE:UBER has wound down its robotaxi offering with Alphabet's NASDAQ:GOOG Waymo in Phoenix, marking the latest shift in a partnership that continues to look both strategic and competitive. Phoenix was the first market where Waymo offered paid rides through its own app in 2020, be…
(13:12 GMT) Alphabet Price Target Raised to $415.00/Share From $375.00 by Morgan Stanley
The United States' regulation of artificial intelligence is problematic and inconsistent, Martin Chavez, vice chairman at investment firm Sixth Street, told Reuters on Tuesday.Speaking at the Reuters Momentum AI London event, Chavez criticised the current U.S. approach of regulating each new AI mod…
Alphabet NASDAQ:GOOG is rolling out personalized AI image generation in the Gemini app for eligible U.S. users, adding another consumer feature to its AI push.The new tool connects Gemini's Personal Intelligence features with Google Photos and the company's Nano Banana image model. That means users…
By Akash SriramGoogle-backed Apptronik unveiled a new robot training facility on Tuesday, betting that large-scale real-world data collection will accelerate the commercialization of humanoid robots.The Austin-based startup said the facility, developed with Google NASDAQ:GOOG DeepMind, is designed…
By Mauro Orru and Adria CalatayudU.K. antitrust officials said Apple and Alphabet's Google should allow app developers in the country to steer customers toward alternative platforms for payment, a change the watchdog says would allow app makers to bypass some fees set by the tech giants.The Competi…
By Terence GabrielThe Magnificent Seven stocks may be nearing an important turning point after a sharp June selloff. The big question now is whether buyers step in soon, or whether the decline has further to run.Click here for a more detailed chart.The group has fallen much more than the broader ma…
By Lewis KrauskopfThe U.S. stock market faces a gauntlet of tests to keep its rally going in the second half of 2026, from the sustainability of AI spending to a high corporate earnings bar and the outlook for interest rates under a Federal Reserve with a new chairman.The benchmark S&P 500 CBOE:SPX…
WASHINGTON (dpa-AFX) - Ride-hailing major Uber Technologies, Inc. (UBER) and Alphabet Inc.'s (GOOG, GOOGL) robotaxi service Waymo have ended their self-driving partnership in Phoenix, Arizona, media reported.Uber is said to be preparing to launch a new autonomous vehicle collaboration in the city.W…
By Mauro Orru and Adria CalatayudU.K. antitrust officials said Apple and Alphabet's Google should allow app developers in the country to steer customers toward alternative platforms for payment, a change the watchdog says would allow app makers to bypass some fees set by the tech giants.The Competi…
By Stanley Widianto and Gibran Naiyyar PeshimamAn Indonesian court on Tuesday ruled that Nadiem Makarim, co-founder of tech firm Gojek and a former education minister, was guilty of some charges in a corruption case and sentenced him to 10 years in prison.Makarim, 41, has protested his innocence, s…
By Adria CalatayudBritain's antitrust watchdog proposed easing restrictions put in place by Apple and Google to prevent U.K. app developers from steering customers toward alternative payment platforms.The U.K.'s Competition and Markets Authority said Tuesday that it would launch a consultation on n…
By Adria CalatayudBritain's antitrust watchdog proposed easing restrictions put in place by Apple and Google to prevent U.K. app developers from steering customers toward alternative payment platforms.The U.K.'s Competition and Markets Authority said Tuesday that it would launch a consultation on n…
GOOG added to the Dow replacing Verizon. On debut GOOG jumped about 4.8–5% and later rallied over 3%. Inclusion raises Dow exposure to digital ads, cloud and AI and ups GOOG's inde
By Heather Gillers and Rebecca FengThe Dow Jones Industrial Average topped 52000 for the first time on Monday, highlighting investors' increasing demand for stocks at the heart of the American economy.One major contributor was Alphabet, which rose 4.8% to lead gains on the Google-parent's first day…
US stock markets began the truncated trading week on a positive note on Monday, June 29, as a rebound in tech shares took benchmark indices higher after last week's underperformance.The Dow Jones ended the session with gains of over 300 points. The index closed above the mark of 52,000 for the firs…
By Juby BabuUber NYSE:UBER and Alphabet's NASDAQ:GOOG Waymo have ended their self-driving partnership in Phoenix, Arizona, as the ride-hailing giant prepares to launch a new autonomous vehicle collaboration in the city.Under the partnership struck in 2023, Uber had integrated Waymo's autonomous veh…
U.S. stock indices ended higher on Monday with the S&P 500 and Nasdaq recording their best quarter since 2020 amid a rebound in tech stocks, while the Dow hit record highs after Alphabet made its debut in the index.The S&P 500 rose 1.2%, the Nasdaq 100 gained 2.3% and the Dow Jones rose 0.6%. The R…
In this episode of ETF Spotlight, I speak with Chris Gannatti, global head of research at WisdomTree, about quantum computing and the WisdomTree Quantum Computing Fund WQTM.Unlike traditional computers that use binary digits, or bits, which can only represent 0 or 1, quantum computers use quantum b…
By Heather GillersIt was a good day for the Magnificent Seven-at least some of them.Tesla stock ended Monday's session up 8.5%, perhaps riding the coat tails of SpaceX, which was up 7.1%. The two Elon Musk companies are tightly linked, jointly developing a chip fabrication complex in Texas. At leas…
