GOOGL, TSLA, V and more

A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in extended trading: Alphabet — The tech giant slipped 1% despite a beat on both top … Read more

OpenAI reassigns top AI safety executive Aleksandr Madry to role focused on AI reasoning

OpenAI last week removed Aleksander Madry, one of OpenAI’s top safety executives, from his role and reassigned him to a job focused on AI reasoning, sources familiar with the situation confirmed to CNBC. Madry was OpenAI’s head of preparedness, a team that was “tasked with tracking, evaluating, forecasting, and helping protect against catastrophic risks related … Read more

Tesla TSLA earnings Q2 2024

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters Tesla reported weaker-than-expected earnings for the second quarter as automotive sales dropped for a second straight period. … Read more

20 employees cut following $500 million funding

Cohere, the artificial intelligence startup founded by ex-Google AI researchers and backed by Nvidia, cut about 20 roles on Tuesday, CNBC confirmed. The layoffs at Cohere, which had about 400 employees according to the company, follow the completion of a $500 million funding round from investors including AMD, Salesforce, Oracle and Nvidia that valued the company at … Read more

EU officials excited about Kamala Harris

US Vice President Kamala Harris seen attending the 2024 Munich Security Conference on February 16, 2024 in Munich, Germany. Johannes Simon | Getty Images There’s a renewed sense of excitement among European officials as U.S. Vice President Kamala Harris becomes the front-runner for the Democratic nomination ahead of the all-important election this fall. The U.S. … Read more

Alphabet set to report Q2 earnings results after the bell

Google parent company Alphabet is set to report its second-quarter earnings Tuesday after the market closes. Here’s what analysts are expecting: Earnings per share: $1.84, according to LSEG Revenue: $84.19 billion, according to LSEG Wall Street is also watching several other numbers in the report: YouTube advertising revenue: $8.93 billion, according to StreetAccount Google Cloud revenue: $10.20 … Read more