Alphabet is joining its tech peers like Microsoft, Apple, and Meta in the dividend club.Its $0.20 dividend is its first ever, and it also authorized an additional $70 billion in buybacks.The news could ease concerns of some tech investors spooked by Meta's earnings Wednesday. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the ...

The rules are always a little different for Elon Musk.The Tesla CEO keeps it cool and keeps investors on his side.Despite his track record, Musk's promises still carry weight. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe ongoing Boeing 737 Max 9 fallout is continuing to burn airlines.Southwest Airlines on Thursday posted a larger-than-anticipated quarterly loss and said it expects to receive just 20 Boeing 737 ...

Meta shares plunged as much as 15% in premarket trading, dragging US futures lower. Investors weren't convinced by Mark Zuckerberg's plan to keep spending tens of billions on AI. Meta also posted lackluster revenue guidance as part of its first-quarter earnings report. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Mark Zuckerberg is now convinced that Meta is a top AI company, and he even knows how the technology will become a significant source of profit in the years ahead.With the recent release of Llama 3, Meta's latest AI model, Zuckerberg said he became "more ambitious and optimistic on AI" and his company's ability to deliver on the tech. He made it clear during a Wednesday earnings call with analysts that he ...

The effects of California's $20 minimum wage for fast food workers are starting to show.Chipotle said the law raised wages at its restaurants by roughly 20%.This translated to a 7% menu price increase at Chipotle locations in California.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking ...

Meta's Q1 earnings report reveals it was off by at least $5 billion in capital expenditures.The report said costs are expected to increase as the company invests "aggressively" in AI.Meta also cited higher infrastructure and legal costs as the factors behind the increase.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewGoogle is delaying its removal of third-party cookies on Chrome — again.The company has delayed rolling out the removal multiple times since announcing the change in January 2020. It cited industr ...

Tesla's gigafactory outside Austin won't have to follow the city's environmental regulations. The EV company was granted an exemption thanks to a new state law.Elon Musk has said the property will be an "ecological paradise," but Tesla has a history of violating the environment.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...

Tesla is on the brink again. Sales are slowing even after the company slashed prices. The company is laying off 10% of its workforce — 14,000 workers from Shanghai to San Jose, from the factory floor to the executive suite. The company had to recall every single Cybertruck it shipped. And Tesla's position in China, a country that has become critical to its future, is getting shakier.There's only one person to blame for the company's shambolic state and only one person whose exit could save Tesla: Elon Musk. ...