Alphabet, the parent company of Google, rebounded from a challenging day for tech stocks with a surge in its stock price after Thursday's closing bell. This turnaround was achieved by distributing billions of dollars to investors.
Meta, formerly known as Facebook, has become a standout performer on Wall Street since early 2023, when CEO Mark Zuckerberg promised investors a "year of efficiency." The company's stock nearly tripled in value last year, second only to Nvidia among S&P 500 constituents, and has continued its upward trajectory with a 40% increase in 2024.
Handbag designer Nancy Gonzalez has been sentenced to jail for wildlife smuggling. She engaged relatives to help smuggle purses made from banned python and caiman into the US.
Tesla's profits have dropped by more than half this year, prompting the company to accelerate the launch of new models and implement significant job cuts in an effort to reverse its financial decline.
On Tuesday, Oracle Chairman Larry Ellison announced that the company will relocate its global headquarters to Nashville, Tennessee, citing proximity to a prominent healthcare hub as a key factor.
On Friday, the Dutch government announced the possibility of discontinuing its use of Facebook following a caution from the Netherlands’ privacy regulator regarding the privacy risks associated with the social media platform owned by Meta.
A stolen painting from Oxford University has been recovered in Romania. However, two other paintings stolen from Christ Church Picture Gallery in March 2020 are still yet to be found.
On Wednesday, Google terminated 28 employees, as revealed in an internal memo seen by CNBC. The terminations followed a string of protests concerning labor conditions and Google's contract to supply cloud computing and artificial intelligence services to the Israeli government and military.
Law enforcement agencies in four states were caught off guard by widespread reports of significant 911 service disruptions late Wednesday, leaving millions unable to reach authorities.
Indonesian authorities issued a cautionary statement on Wednesday, alerting to the potential for tsunami waves as the activity of Mount Ruang escalates. They emphasized that the volcanic eruption, ongoing for several days, has reached its peak level.