Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC falls 9%+ after hours — Intel CEO Pat Gelsinger, holding the “Gaudi 3” AI chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit in Washington, DC, on April 17, 2024.
Alphabet announces its first-ever dividend and authorizes the repurchase of up to an additional $70B of its Class A and Class C shares (Akash Sriram/Reuters)
Akash Sriram / Reuters:
Alphabet announces its first-ever dividend and authorizes the repurchase of up to an additional $70B of its Class A and Class C shares — Alphabet (GOOGL.O) announced its first-ever dividend of 20 cents per share on Thursday, returning capital when the Google parent is spending billions …
Roku reports Q1 revenue up 19% YoY to $882M, vs. $848.62M est., a net loss of $50.9M, compared to $193.6M YoY, and 81.6M active accounts, up 1.6M from Q4 2023 (Jennifer Maas/Variety)
Jennifer Maas / Variety:
Roku reports Q1 revenue up 19% YoY to $882M, vs. $848.62M est., a net loss of $50.9M, compared to $193.6M YoY, and 81.6M active accounts, up 1.6M from Q4 2023 — Roku reported its first-quarter 2024 earnings Thursday, revealing the company reached 81.6 million active accounts …
Atlassian’s co-CEO Scott Farquhar plans to step down on August 31, 2024, after 23 years at the company; he will remain a board member and a special advisor (Scott Farquhar/Work Life)
Scott Farquhar / Work Life:
Atlassian’s co-CEO Scott Farquhar plans to step down on August 31, 2024, after 23 years at the company; he will remain a board member and a special advisor — Sharing a note I sent to our Atlassian employees earlier today — It’s with a full but heavy heart that I share with you all today …
Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP is up 20%+ after hours (Ashley Capoot/CNBC)
Ashley Capoot / CNBC:
Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP is up 20%+ after hours — WATCH NOW — Snap stock soars following beat on revenue, earnings and daily active users — Snap reported first-quarter results …
In a subpoena, Elon Musk asked Helen Toner to hand over documents about her departure from OpenAI’s board and how OpenAI decides when a technology achieves AGI (Bloomberg)
Bloomberg:
In a subpoena, Elon Musk asked Helen Toner to hand over documents about her departure from OpenAI’s board and how OpenAI decides when a technology achieves AGI — Elon Musk has stepped up his court fight with OpenAI by demanding documents from ex-board member Helen Toner …
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; stock is up 5% after hours (Microsoft)
Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; stock is up 5% after hours — Microsoft Cloud Strength Fuels Third Quarter Results REDMOND, Wash. — April 25, 2024 — Microsoft Corp. today announced …
As ASML shareholders approve Christophe Fouquet as CEO, he faces a tricky balancing act to guide ASML, Europe’s largest tech firm, through the US-China chip war (Toby Sterling/Reuters)
Toby Sterling / Reuters:
As ASML shareholders approve Christophe Fouquet as CEO, he faces a tricky balancing act to guide ASML, Europe’s largest tech firm, through the US-China chip war — ASML’s (ASML.AS) new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe’s biggest tech company through the US/China …
Nagomi Security, which has developed a proactive security and threat exposure management platform, emerges from stealth with a $23M Series A and a $7M seed (Meir Orbach/CTech)
Meir Orbach / CTech:
Nagomi Security, which has developed a proactive security and threat exposure management platform, emerges from stealth with a $23M Series A and a $7M seed — The Israeli startup’s platform helps security teams prioritize the most urgent risks based on an organization’s unique threat profile …
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%+; GOOG up 13%+ after hours (Alphabet)
Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%+; GOOG up 13%+ after hours — Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2024.
