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Google's parent company, Alphabet, reported first-quarter earnings that beat analyst estimates for revenue and earnings per share. Google's revenue was over $80 billion versus estimates of about $78 billion. EPS was $1.89 versus estimates of $1.51. YouTube and Cloud revenues also beat estimates, with YouTube at over $8 billion and Cloud at over $9 billion. Google announced a $70 billion stock buyback program. Google stock jumped over 13% in after-hours trading on the strong results.
⏲ 0:35 👁 305K
Tesla's stock price jumped 12% on Wednesday after CEO Elon Musk said the company would accelerate the rollout of more affordable electric vehicle models. Musk did not provide details on the cheaper EVs but said they would use Tesla's current manufacturing platforms and production lines. Analysts saw this as a sign Tesla had retreated from previous plans for an all-new $25,000 vehicle and would offer stripped-down versions of existing models. Competition and high costs have eaten into Tesla's bottom line after years of rapid growth, putting pressure on Musk to cut prices.
⏲ 0:36 👁 560K
Chevron and ExxonMobil are expected to report lower first-quarter profits than last year despite higher oil prices. Falling natural gas prices and lower refining margins impacted the oil majors' results. Natural gas makes up about a third of Chevron's hydrocarbon production, and prices were down 20% year over year. Investors will watch for updates on Chevron's proposed Hess acquisition and ExxonMobil's dispute over the deal. Analysts expect oil prices to remain above $80 but profits to decline in coming quarters.
⏲ 0:38 👁 245K
hello friends welcome back to Sunday Electric Three Wheeler News 27....<br/>I hope you enjoy this video then Subscribe for daily Videos and updates about Electric Auto Rickshaws.<br/><br/>Follow us on<br/>************<br/>‍Instagram:➤ https://www.instagram.com/shabuewheels<br/>Twitter:➤ https://twitter.com/shabuwheels<br/>WhatsApp Channel:➤https://bit.ly/40GRrOv<br/>Daily EV News :➤ https://bit.ly/3zt2WeY<br/>Facebook :➤ https://www.facebook.com/shabuEwheels<br/>Telugu:➤ https://bit.ly/3pZyeaf<br/><br/><br/>Highlights:▼<br/>=================================<br/><br/><br/>#electricauto #shabuwheels #autorickshaw #electricthreewheeler #electricvehicles #ev #autonews #electricautorickshaw #streamcityqik #mahindratreometalbody
⏲ 3:37 👁 245K
Data management software company Rubrik priced its IPO at $32 per share, above its expected range. The company raised $752 million by selling 23.5 million shares in its debut on the NYSE, valuing Rubrik at $5.6 billion. Rubrik provides cloud-based cybersecurity software for data protection, backup and recovery, and ransomware prevention. Major backers include Microsoft, which invested in 2021, and Lightspeed Venture Partners, which will retain over 25% voting power. Rubrik is one of the first notable tech IPOs of 2024 following Reddit and Astera Labs earlier this year.
⏲ 0:43 👁 915K
As the Premier League of Darts is gearing up to head to Liverpool for night 13 of what has so far been an epic season, we’re hearing from darting sensation Luke Littler, as he’s been buzzing to face a raucous crowd on Merseyside.
⏲ 1:0 👁 410K
Automakers at the Beijing Auto Show are introducing innovative design and features to their cars, such as swivel seats, large screens, and AI-enabled connectivity. The government's green-energy initiatives have transformed the auto market, with EVs accounting for 25% of new car sales in the previous year. The intense competition among EV makers has led to a price war and is expected to result in industry consolidation. Traditional automakers are adapting to keep up with the rapidly changing market.
⏲ 0:41 👁 225K
Meta's stock price fell 15% when markets opened on Thursday, wiping $190 billion off its market value. This was in reaction to Meta's pledge to increase spending on artificial intelligence technologies significantly. Meta CEO Mark Zuckerberg said AI spending would need to \
⏲ 0:39 👁 220K
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