Investors are eating up Cava (CAVA). On Tuesday, shares of the Mediterranean fast casual chain hit a new record of $59.91. Shares are up more than 40% year-to-date, jumping as much as 19% in the last five days after posting a beat on its top and bottom lines for its Q4 results. For comparison, the S&P 500 (^GSPC) is up more than 7% year to date, whereas fast casual powerhouse Chipotle (CMG) is up nearly 20%. For the fourth quarter, Cava’s revenue came in at $177.17 million, versus the $174.09… Source link
Read More »Monthly Archives: February 2024
European news companies sue Google over ad tech dominance
European news media companies sued Google for roughly $2.1 billion in damages Wednesday over allegations that the tech giant’s ad technology practices have harmed them. The case, filed by more than 30 European news media companies, including the German-based company Axel Springer that owns Politico, is the latest challenge to the California-based company over its ad technology, including a case launched by the Department of Justice last year. The companies suing… Source link
Read More »UiPath and Google Cloud Expand Strategic Partnership to Accelerate Access to Gen AI and Cloud-based Automation
UiPath is now available on Google Cloud Marketplace and integrates with Google Vertex AI to allow professionals to utilize Google Cloud’s Gen AI alongside UiPath’s AI-powered automation NEW YORK & SUNNYVALE, Calif., February 29, 2024–(BUSINESS WIRE)–UiPath (NYSE: PATH), a leading enterprise automation and AI software company, and Google Cloud today announced an expanded partnership to extend customers’ ability to transform their enterprise with AI-powered automation. UiPath, a Premier… Source link
Read More »PC demand remains a challenge, though AI computers are coming
HP Inc. CEO Enrique Lores says the stage is set for a recovery in PC demand later this year, even if the outlook for the first half of 2024 looks mixed at best. “Demand has slowed down in commercial,” Lores told Yahoo Finance Live on Wednesday, but he expects growth to return for the PC market in the second half of the year. Lores’s near-term caution in part reflects continued demand challenges in the computer and printer markets. Laptop shipments fell 16% month over month in January, according… Source link
Read More »Stock market today: Stocks slip ahead of key inflation data, bitcoin soars past $60,000 – Yahoo Finance
[unable to retrieve full-text content]Stock market today: Stocks slip ahead of key inflation data, bitcoin soars past $60,000 Yahoo Finance Source link
Read More »Bitcoin surges to top $60,000, putting it within striking distance of all-time high
Bitcoin (BTC-USD) surged on Wednesday to break above $60,000, putting it within striking distance of its all-time high as enthusiasm for the world’s largest cryptocurrency reached a frenzy last seen during a 2021 boom. The digital asset climbed as high as $63,900, touching its highest intraday point since November 2021, before dropping back to the $60,000 level amid reports that some users of the cryptocurrency exchange Coinbase (COIN) began showing a $0 balance in their accounts. Coinbase… Source link
Read More »5 ways I use Google Keep for maximum productivity (and you should too)
ZDNet/Google I’ve been using Google Keep for years now. Google’s note-taking app has become my go-to for just about anything that I need to jot down and save. I use it to keep track of book ideas, passages I think of and don’t want to forget, shopping lists, and just about anything that comes to mind. It has served me quite well and I’ve yet to find another app or service to take its place. Also: The best note-taking tablets: Expert tested and reviewed At first blush, you might think Keep is… Source link
Read More »Limited Time Offer: Save Big on Google’s 256GB Pixel Tablet Now
For those already using Google’s ecosystem that are searching for a solid tablet, the clear pick is the Google Pixel Tablet. While there are cheaper Android tablets out there, this tablet is one of the best you can get your hands on, especially when you consider that it comes with a charging stand that doubles as a speaker. And if you act fast, you can pick up the upgraded 256GB model for less than you’d normally pay for the base model with just 128GB of storage. The sale is available for… Source link
Read More »Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company’s practices in digital advertising. Shares of the Mountain View, California-based company fell more than 2%. The move by the group – which include publishers in Austria, Belgium, Bulgaria, the Czech Republic, Denmark, Finland, Hungary, Luxembourg, the… Source link
Read More »Google adds hand-annotation markup feature to Docs
For anyone who has ever wished for the ability to hand annotate directly on a Google Doc, Google announced on Tuesday it’s rolling out a new markup feature for Google Workspace customers, Google Workspace Individual subscribers, and personal Google accounts that will allow users to write directly on a Google Doc with a stylus or their finger. The new feature includes a few standard pen and highlighter colors (black, blue, red, green, yellow), and an eraser. If you don’t like any of those… Source link
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