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Meta on Wednesday launched paid subscription plans for its flagship apps, marking a major push by the tech giant to diversify beyond its longtime reliance on advertising revenue.Meta in 2023 launched ad-free, paid versions of Facebook and Instagram in Europe to comply with EU data privacy legislation, giving users a choice between a free, ad-supported experience and a paid, ad-free one. arp/md
WASHINGTON, May 27 (Reuters) - The Pentagon on Wednesday announced a five-year, $9.69 billion agreement to consolidate Microsoft and other enterprise software licenses scattered across the military services, the intelligence community, and the U.
This marks the first report since the company announced CEO Corie Barry is stepping down from the electronics retailer at the end of the third quarter.
This marks the first report since the company announced CEO Corie Barry is stepping down from the electronics retailer at the end of the third quarter.
When the people building something stand next to the people warning about it, that usually means everyone in the room is worried about the same thing. For most of the past three years, the artificial intelligence conversation has split cleanly into two camps. The builders keep raising bigger ...
If Tesla and SpaceX merged—as is a reported possibility—then Elon Musk's combined entity would hold billions of dollars' worth of Bitcoin.
Snowflake stock soared amid Q1 earnings and revenue that topped estimates. The software maker hiked full-year sales guidance.
On Wednesday, J.P. Morgan analyst Brian Ossenbeck boosted his rating of FedEx stock to Buy from Hold. FedEx stock jumped 2.9%, closing at $411.78 on Wednesday, while UPS stock rose 2.5% to $104.47. Ossenbeck has a positive view of the company heading into the spinoff of its freight business, expected next week, and before its fiscal fourth-quarter results on June 23.
Eli Lilly (LLY) stock has surged to new record highs of over $1,000 a share, cementing its position as one of the market's most dominant growth stories and the first pharmaceutical firm worth $1 trillion.
Yahoo Finance Tech Editor Dan Howley joins Host Josh Lipton on Market Domination to break down the day’s leading tech stories, including SK Hynix (000660.KS) joining the Trillion-dollar club and Micron Technology (MU) impressive growth in 2026.
Helping were sales data from Europe that showed Tesla sold 10,654 cars in April, up 46.5% year over year. It’s been a strong year for European EV sales, amid higher oil prices. In 2025, Tesla sold 238,656 vehicles in Europe, down 26.9% year over year.
HP beat analysts' estimates for second-quarter revenue and profit on Wednesday, helped by strong demand for AI-optimized personal computers, but warned that rising memory costs would pressure margins. PC makers including HP, Dell Technologies and China's Lenovo Group are navigating a shortage of memory chips as data center buildout is sucking up capacity and triggering price increases of smartphones and PCs. CFO Karen Parkhill said HP "took deliberate actions to lower memory costs" by reconfiguring products, sourcing cheaper components and prioritizing higher-margin units, while also adjusting prices to account for commodity increases.
Alphabet's AI-driven growth in Search, Cloud and subscriptions is boosting momentum, though spending and legal risks remain in focus.
Chip design software maker Synopsys has reached an agreement with activist investor Elliott Investment Management that will give one board seat to the activist investor's managing partner Jesse Cohn, the company said on Wednesday. Synopsys, which has a market valuation of about $100 billion and counts Tesla and Google parent Alphabet among its customers, has held discussions with Elliott, one of the industry's most powerful activists, for roughly two months. “Synopsys is essential to the global chip industry and is well-positioned to benefit from increasing AI investment and engineering complexity,” Cohn said in a statement.
Snowflake has signed a new, enormous five-year deal with Amazon to secure chips for AI usage. Nvidia is once again being put on notice.
The company said that Facebook Plus and Instagram Plus will be priced at $3.99 per month, while WhatsApp Plus will cost $2.99 a month.
Alphabet stock snapshot and recent performance Alphabet (GOOGL) stock has been drawing fresh attention after recent trading left it at a last close of US$388.88, with investors weighing its multi segment business and recent price performance. See our latest analysis for Alphabet. Alphabet’s recent 12.92% 1 month share price return and 24.28% 3 month share price return point to firming momentum, while the 125.70% 1 year total shareholder return highlights how strongly longer term holders have...
GE Vernova's CEO noted community pushback on AI data centers, but sees little risk to growth. GE Vernova stock fell but is near a buy point.
As shares of memory chipmaker Micron Technology (MU) maintains gains after its market cap crossed above $1 trillion this week, Yahoo Finance Markets and Data Editor Jared Blikre compares how the chip stock holds up to the performance of Nvidia (NVDA) and the broader AI trade.
There’s a tech ETF that has been almost neck-and-neck with the S&P 500 in the past year and has built up a meaningful lead over the past five years. It’s the Vanguard’s Mega Cap Growth ETF (NYSEARCA:MGK). This ETF tracks the price of the CRSP US Mega Cap Growth Index, which in turn tracks companies ... Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK
Market Domination Host Josh Lipton and Yahoo Finance Senior Reporter Brooke DiPalma track several of the day's top trending stories and stock moves, including how Amazon (AMZN) is licensing and selling its "Alexa for Shopping" AI tool to other retailers.
Tech stocks were lower late Wednesday afternoon, with the State Street Technology Select Sector SPDR
Tesla stock is approaching key technical resistance levels as improving momentum, bullish reversal patterns, and renewed enthusiasm around Elon Musk’s AI and robotics ecosystem support the setup.
Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select
Krista LeRay turned a pandemic-era hobby into a roughly $10 million business built around needlepoint, the craft of stitching decorative designs onto canvas. Five years after launching Penny Linn Designs from her New York apartment, she told Business Insider in...