Tech stocks tumble for a second day. Here's what's behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
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Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
Nvidia unveiled new powerful chips that would bring advanced AI functions to laptops and desktop computers, with PC models from brands including Microsoft and Dell.
Four of the biggest tech companies reported earnings after the closing bell on Wednesday. Adam Levine, senior tech writer for Barron's, joins CBS News to discuss.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
Microsoft, Meta and Alphabet recently reported their quarterly earnings and one thing is certain: the jaw-dropping investments in artificial intelligence are only just getting started. This all comes just days after Nvidia became the world's first-ever $5 trillion company. Jacob Ward, technology journalist, joins CBS News to discuss.
YouTube's parent company, Alphabet, announced that it will allow creators who were banned for spreading false information to rejoin the platform in the coming weeks. Yael Eisenstat, policy director at Cybersecurity for Democracy, a nonpartisan research center, joins "The Daily Report" to discuss.
President Trump unveiled $90 billion in investments in Pennsylvania energy and innovation on Tuesday. That follows Amazon's recent announcement that it plans to invest $20 billion in data centers across the state. CBS News senior White House correspondent Weijia Jiang reports.
The Dow Jones eked out a 0.05% gain Friday as investors digested mixed messages on trade talks between the U.S. and China. CBS News MoneyWatch correspondent Kelly O'Grady reports from the New York Stock Exchange.
U.S. Department of Justice attorneys are seeking to impose sweeping penalties on Google after a court ruled the tech giant is a monopoly.
The agreement comes after the cybersecurity startup rejected Google owner's original $23 billion proposal last July.
The Justice Department says it's considering asking a federal judge to force Google to sell parts of its business in order to eliminate its online search monopoly.
Closing arguments begin Thursday in the Justice Department's antitrust lawsuit against Google. The government and more than a dozen states say Google has turned its search engine into an illegal monopoly, while Google says people like to use the engine and could change their search habits at any time. Matthew Perlman, senior competition reporter for Law 360, joins CBS News to discuss the case.
Several factors, like the boom in artificial intelligence in the past few years, have created higher value for tech companies stocks in the market that are driving market gains. Joe Rennison covers financial markets for The New York Times and joins CBS News with his take on the strength of the "magnificent seven" group of tech stocks.
Google says it has laid off employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures.
Oral arguments in the Google antitrust trial are over with the evidentiary phase of the trial wrapping up Thursday. Nico Grant, a technology reporter covering Google for The New York Times, joined CBS News to discuss the case.
Google was created by Larry Page and Sergey Brin at Stanford University, who moved the company to a garage in 1998.
YouTube suspended Russell Brand's ability to earn money from his online videos earlier this week after multiple women accused Brand of rape, sexual assault and abuse — allegations he denies.
Author Matthew A. Cherry and illustrator Vashti Harrison join "CBS Mornings" to discuss their new book, "Hair Love ABCs." The alphabet board book is inspired by the bestselling "Hair Love" book, which teaches young readers the ABCs of Black hair. Cherry and Harrison discuss collaborating to bring back the main character Zuri and why representation matters.
Google has agreed to a $23 million settlement to resolve claims it shared searches with third-party websites and companies without user consent. The deadline to submit a claim is July 31. CBS News' Lana Zak and Errol Barnett report.
Geoffrey Hinton, who worked with Google and mentors AI's rising stars, started looking at artificial intelligence more than 40 years ago, he told "CBS Mornings" in late March.
Companies like Meta, Microsoft and Alphabet have laid off thousands of employees since the start of 2022. Matt Turner, global editor-in-chief for Insider, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the shift in the industry and how artificial intelligence could eliminate some positions.
In this week's "60 Minutes" broadcast, Scott Pelley is given access to Google's campus in Mountain View, California, and its AI lab in London to examine its new slate of technologies.
Geoffrey Hinton, who works with Google and mentors AI's rising stars, started researching artificial intelligence over 40 years ago.
The Supreme Court is for the first time considering the scope of Section 230, which provides legal immunity to online companies for content posted by third parties.
Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.