Alphabet shares fall after revenue miss, cash burn worsens - Reuters

More in Business

• Microsoft posts $33.6bn profit after offering buyouts to one in four workers

  Strong cloud division growth delivered substantial financial gains alongside a massive restructuring push to rein in operational expenses. Executive leadership is redirecting capital into artificial intelligence infrastructure while trimming headcount through voluntary exit packages. The strategy aims to reassure investors questioning the long-term returns and sustainability of heavy technical investments.

  1 min read
• Zillow agrees to pay $212.5M to settle an investor class action over its failed Zillow Offers home-flipping venture, after SCOTUS refused to hear its appeal (Jonathan Stempel/Reuters)

  The online real estate marketplace has moved to resolve long-standing legal fallout surrounding its dismantled direct-buying business. The cash agreement was reached after the company exhausted its judicial options, specifically following the nation's highest court declining to review the matter. This deal resolves substantial shareholder claims tied directly to the operational collapse of the algorithmic purchasing unit.

  1 min read
• Exclusive-Bloomberg, two trading firms agree to pay Trump’s Truth Social for faster access to president’s posts, sources say

  Financial market participants are seeking rapid access to critical communications that could drive immediate asset price fluctuations. This arrangement establishes a direct pipeline for real-time statements originating from the president's primary online communication channel. The move underscores the intense demand among institutional entities for low-latency information feeds.

  1 min read