Core Viewpoint - Google is planning to test displaying competitors' search results alongside its own in Europe to mitigate potential fines from the European Union related to antitrust issues [1][2]. Group 1: Regulatory Context - The European Commission has accused Google of prioritizing its own services in search results for hotels, flights, and restaurants, which could lead to fines of up to 10% of the company's global revenue under the Digital Markets Act [2][7]. - An investigation was launched in March 2024 to determine if Google violated the Digital Markets Act by favoring its own vertical search engines, such as Google Shopping, Google Flights, and Google Hotels, while discriminating against third-party services [7]. Group 2: Google's Response - In June, Google submitted a proposal to modify its search engine results presentation to address EU antitrust concerns, suggesting that vertical search services (VSS) would be selected based on objective and nondiscriminatory criteria and displayed in a dedicated box at the top of the search results page [8]. - Despite Google's efforts to modify its search result format, competitors expressed that the changes did not comply with the Digital Markets Act, leading to expectations of regulatory consequences for the company [9].

Core Viewpoint - Zoom Communications forecasts quarterly profit below Wall Street estimates, indicating challenges from intense competition and a cautious spending environment [1][2] Company Performance - Shares of Zoom fell nearly 3% in extended trading following the profit forecast [2] - The enterprise business has shown resilience, but the online segment for individual consumers and small businesses remains weak, with fourth-quarter online segment revenue at $489.7 million and a slight increase in churn [3] Competitive Landscape - Zoom faces increasing competition from Microsoft Teams and Google Meet, which are bundled with broader workplace suites, making them more cost-effective for enterprise customers [2] - Despite efforts to diversify offerings, Zoom is experiencing slowing growth as pandemic-driven work-from-home trends decline [2] Financial Outlook - For the first quarter, Zoom expects revenue between $1.22 billion and $1.23 billion, aligning with analysts' average estimate of $1.22 billion [4] - Adjusted profit per share is projected to be between $1.40 and $1.42, below the estimated $1.45 [4] - In the fourth quarter, Zoom reported revenue of $1.25 billion, surpassing estimates of $1.23 billion, but adjusted profit per share was $1.44, below the expected $1.49 [4][5] Investment in Technology - Zoom has launched several AI features to stimulate growth, but investments in this technology may pressure operating margins [4]

Google is folding in former moonshot robotics software company Intrinsic as Alphabet tries to streamline its ambitions in the space.After five and a half years developing its technology at Alphabet's "moonshot factory" X, Intrinsic became an independent Alphabet company in its "Other Bets" division in July 2021. The Google parent company announced Wednesday that it will be folded into Google itself.While hardware like robotic arms has become cheaper, programming them remains incredibly complex, often requir ...

Core Viewpoint - Nvidia forecasts first-quarter revenue of $78 billion, exceeding analysts' estimates of $72.60 billion, driven by strong demand for AI processors from Big Tech [2][3] Group 1: Financial Performance - Nvidia reported January-quarter sales of $68.13 billion, surpassing estimates of $66.21 billion, with adjusted profits of $1.62 per share compared to estimates of $1.53 [5] - The company anticipates first-quarter revenue to be within a range of $78 billion, plus or minus 2% [2] Group 2: Market Demand and Investment - Big Tech companies are expected to spend at least $630 billion on data center infrastructure in 2026, with a significant portion allocated for AI processors [3] - There is a relentless push from businesses and governments to develop advanced AI technology, indicating robust demand for Nvidia's AI chips [3] Group 3: Competitive Landscape - Nvidia faces emerging competition from AMD, which plans to launch a new flagship AI server and has secured deals with Nvidia's key customers [4] - Google is also becoming a significant competitor by providing its in-house chips to companies like Anthropic and is in discussions to supply Meta [4] Group 4: Regulatory and Operational Considerations - Nvidia's current revenue forecast does not include sales of data center chips to China, which were previously restricted due to U.S. export curbs [6] - CEO Jensen Huang expressed hope for the approval to sell Nvidia's H200 AI chip in China, with licensing discussions ongoing [7] Group 5: Compensation Strategy - Nvidia plans to include stock-based compensation expenses in its non-GAAP financial measures, diverging from broader industry trends, to attract and retain top AI talent [8]

Artificial intelligence chipmaker Nvidia on Wednesday will deliver a quarterly report likely to sway a jittery stock market as investors weigh whether the massive bets riding on technology’s latest craze will pay off.As has been the case since Nvidia’s chipsets emerged as AI’s best building blocks, the expectations are sky high for the results covering the company’s fiscal quarter, covering November through January.Industry analysts are projecting Nvidia’s revenue for that period will total $66.1 billion, a ...

Key TakeawaysNVIDIA (NVDA) is projected to report Q4 revenue of approximately $65.7 billion, representing a massive 67% year-over-year increase driven by relentless AI demand.Wall Street expects adjusted earnings per share (EPS) of $1.53, with critical focus on whether gross margins can maintain the 75% threshold.Guidance for Q1 FY2027 will be the primary market mover, with analysts looking for a forecast between $72.4 billion and $75 billion to sustain the current "AI supercycle" narrative.Investor attenti ...

Google is moving further into physical AI by bringing a familiar robotics software platform under its wing.Alphabet-owned Intrinsic, which builds AI models and software designed to make industrial robots more accessible, is joining Google, the companies announced on Wednesday. Intrinsic will remain a distinct entity within Google but will work closely with Google DeepMind and will tap into Google’s Gemini AI models and cloud services. Alphabet declined to share information regarding funding or purchase pri ...

In Brief Waymo is bringing its robotaxis to Chicago and Charlotte as part of its push to continue scaling autonomous vehicles, the company said Wednesday. Starting today, Waymo will begin manual mapping and early data collection to lay the groundwork for operations in those cities. Waymo usually enters a new city by first conducting months of manual driving and mapping to understand local road conditions, traffic patterns, and edge cases before gradually introducing autonomous testing and eventually fully d ...

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Nestle puts pressure on underachievers with new bonus structure February 25, 20266:33 PM UTCUpdated ago By Reuters Item 1 of 3 A Nestle KitKat product is displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina, October 29, 2024. REUTERS/Dado Ruvic/File Photo [1/3]A Nestle KitKat product is displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina, October 29, ...

If there is one thing the 2026 State of the Union proved, it is that President Donald Trump remains the only person capable of turning a formal constitutional requirement into a four-hour marathon of populist giveaways and legal grievances. While the speech was officially the longest in American history—clocking in at a duration that suggests the President is being paid by the word—the stock market spent the evening doing what it does best when faced with “unpredictable” policy shifts: twitching nervously a ...