UPS shares fall after delivery giant reports disappointing earnings
UPS reported first-quarter misses on both earnings and revenue amid contentious contract negotiations and deceleration in U.S. sales.
Technology’s year of efficiency faces it first major test: overcoming declining earnings expectations
As Big Tech earnings swing into turbo mode Tuesday, the stocks now face their first major test of 2023: making it out of earnings season unscathed.
No ‘immediate path forward’: CFTC is talking to Binance after launching legal action, official says
The CFTC sued Binance, its CEO Changpeng Zhao and its former chief compliance officer last month.
Amazon, Apple and more: EU names the Big Tech platforms set to face tougher regulatory scrutiny
Under the Digital Services Act (DSA), Europe regulators will be able to police content to reduce harmful comments and set rules for the use of artificial intelligence.
Investing legend Peter Lynch on the investments he regrets not making in recent years
The former Fidelity Magellan fund manager revealed Tuesday that he wished he hadn’t missed out on the explosive growth in Apple.
Self-made millionaire shares his No. 1 piece of advice for people in their 20s to build wealth
Self-made millionaire Ramit Sethi says investing early is the best advice he gives people in their 20s, but his biggest regret is not having more fun.
Microsoft reports earnings beat, says A.I. will drive revenue growth
Microsoft’s Azure cloud revenue topped analysts’ estimates, and the company indicated it would keep investing in artificial intelligence.
Alphabet reports revenue and earnings beat for first quarter
In beating estimates, Google broke a string of four straight quarters in which it fell shy of analysts’ expectations.
Inside Meta’s scramble to catch up on A.I.
Meta’s CEO gathered his top lieutenants in 2022 for a five-hour dissection of the company’s computing capacity and ability to do artificial intelligence work.
VC firms create $60 billion-plus climate tech alliance with backing from the UN
A coalition of more than 20 venture capital firms launched Tuesday with the goal of getting the VC industry to increase its commitments to climate tech.
