AI Is Hitting Search Traffic, Testimony Suggests. Google Stock Falls.
An Apple executive testified that Google searches in Apple browsers fell for the first time as people turn to AI for their search queries, according to Bloomberg.
Ford Increases Prices for Certain Vehicles Amid Tariff Uncertainty
The higher prices will apply to 2025 models of the Maverick, Bronco Sport and Mach-E built after May 2.
Barrick Quarterly Earnings Beat Expectations
Record prices for gold and gains for copper buoyed earnings, but an ongoing clash with Mali's military junta cast a shadow over Barrick Mining's stronger-than-expected financial performance.
Teva Will Hike Generic Drug Prices If Trump Imposes Tariffs, CEO Says
The drugmaker reported first-quarter earnings that beat expectations and raised its full-year guidance.
Applovin Posts Higher Profit, Revenue on Strength in Advertising Business
The tech company's results beat Wall Street's expectations, sending shares sharply higher in after-hours trading.
Disney Plans New Theme Park in Abu Dhabi
The planned theme park, an expansion of its lucrative Experiences unit, will give the company an anchor in a major new market.
Uber Swings to Profit on Bookings Growth
Uber Technologies swung to a first-quarter profit as riders ordered more trips on the digital taxi service, but missed Wall Street revenue estimates.
Companies Want the Government to Go After Hackers. Washington Might be Willing.
The White House indicates it may use various methods, including cyberattacks, to go after criminals.
CrowdStrike to Cut 5% of Workforce
CrowdStrike said it will cut about 500 jobs, or 5% of its global workforce, as part of a plan to drive efficiencies in the business.
Outback Steakhouse, Applebee's Expect Choppy Trends to Smooth Out
Two owners of several American casual-restaurant chains experienced shaky consumer trends but expect an upturn as the year progresses.
(END) Dow Jones Newswires
May 07, 2025 17:00 ET (21:00 GMT)
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