Is Pfizer Stock A Sell As Shares Hit A 9-Year Low Amid The Search For Its Next Big Break?
Pfizer stock remains under pressure despite becoming one of the biggest names of the pandemic. Is PFE stock a sell?
Pfizer stock remains under pressure despite becoming one of the biggest names of the pandemic. Is PFE stock a sell?
Social media giant Meta will report its Q1 earnings after the bell Wednesday.
Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.
Boeing (BA) on Wednesday reported results that beat Wall Street expectations after a tumultuous first quarter.
The PGA Tour is distributing equity to its players, past and present, who have helped build the Tour and remained in its ranks.
The biggest news stories this morning: X, for some reason, has a TV app now, The best travel gear for graduates, Adobe Photoshop’s latest beta makes AI-generated images from simple text prompts.
The U.K.'s Competition and Markets Authority (CMA) is launching preliminary enquiries into whether the close-knit tie-ups and hiring practices involving Microsoft, Amazon and a trio of AI startups falls within the scope of its merger rules -- and whether the arrangements could impact competition in the U.K. market. The announcement comes amid growing scrutiny of Big Tech's approach to M&A in the world of AI, where critics argue that the so-called "quasi-merger" has emerged as flavor of the day as a means of bypassing regulatory oversight. Earlier this year, the Federal Trade Commission (FTC) launched its own enquiries into the various investments made by Alphabet, Amazon, and Microsoft into emerging AI companies, to establish whether the "partnerships pursued by dominant companies risk distorting innovation and undermining fair competition."
Ahead of the Snapdragon X Elite's arrival later this year, today Qualcomm announced a second laptop processor based on its Oryon CPU architecture.
The stories you need to start your day: What to know about bird flu in milk, the NBA playoffs and more in today’s edition of The Yodel newsletter
There is plenty of offensive talent available in this NFL Draft.
To capitalize on that trend, one of the bigger startups in the space, the Dublin-founded Tines, is announcing $50 million in funding. Tines started with its roots in security workflow automation but has seen adoption across other parts of the IT landscape. "We weren’t proactively trying to raise and were focused on building the business," Tines' CEO and co-founder Eoin Hinchy said in an interview.
These are today's mortgage rates. Strong economic reports are a major reason rates have risen over the last three weeks. Lock in your rate today.
Conversational AI platform Parloa has nabbed $66 million in a Series B round, a year after it raised $21 million from a swathe of European investors to propel its international growth. It says this hub helped it sign up "several Fortune 200 companies" in the region. For the latest round, Parloa has secured Altimeter Capital as lead backer, a U.S.-based VC firm notable for its investments in the likes of Uber, Airbnb, Snowflake, Twilio and HubSpot.
The European Union's parliament has adopted a new right-to-repair directive that forces manufacturers to repair goods.
We're finally into the "show me" portion of the AI narrative, and Coca-Cola and Microsoft's new deal might be a glimpse of what the near-term future will be like for AI.
Madica, an investment program launched by US-based investor Flourish Ventures to back pre-seed startups in Africa, plans to invest in up to 10 ventures by the end of the year, ramping up its funding efforts after closing three initial deals. Madica disclosed the plans to TechCrunch indicating accelerated investing in the coming year as it eyes up to 30 startups by the end of its three-year program, which started mid last year, after launch late 2022. Announced today, the program’s initial investees include Kola Market, a B2B platform founded by Marie-Reine Seshie to help SMEs grow their sales and simplify their business operations.
A bill that could ban TikTok is now all but certain to become law. The Senate approved a measure that requires ByteDance to sell TikTok or face a ban.
The Senate passed a bill, included with the foreign aid package, that will ban TikTok if its owner, ByteDance, doesn't sell it within a year. Senators passed the bill 79-18 Tuesday after the House passed it with overwhelming majority over the weekend. President Joe Biden will have to sign the bill to make it law.
Tesla's been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of "pressure" on EV sales. The new and accelerated plan now includes "more affordable models" that the company claims will be launched next year. Or if Tesla CEO Elon Musk is to be believed -- and that's a big bet considering his track record with timelines -- possibly as early as the end of 2024.
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and "several unforeseen challenges" cut into the automaker’s bottom line. Tesla reported revenue of $21.3 billion in the first quarter, a 9% drop from the first quarter of 2023. Tesla reported operating income of $1.2 billion in the first quarter, a 54% decrease from the same year-ago period.