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Alphabet (NASDAQ:GOOG) -7.8% after Q4 revenue of $ 96.5B slightly missed Wall Street’s consensus estimate, by $ 170M.
Snap ( NYSE :SNAP) +4.7% as AI investment by Snapchat 's parent led to an unexpected Q4 sales beat by $ 10M.
AMD ( NAS : AMD ) slides as growth in Data Center revenue slows in Q4 , to 69% from 122% .
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South Korea's Kia accused of evading taxes of $155 million by misclassifying component imports.
The carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs.
Kia competes with Hyundai and Maruti Suzuki in world's third -largest auto market.
Foreign companies in India face headaches from high taxes and long-drawn-out investigations.
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AMD 's AI chip revenue failed to meet lofty expectations of investors betting billions on growth prospects of generative artificial intelligence.
AMD is set to lose around $17.5 billion in market capitalization at $ 108.78 premarket.
AMD 's stock fell 18% in 2024 , while Nvidia gained 171% in the same period.
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Google-parent Alphabet dropped 7.5% in premarket trading after posting a deceleration in cloud revenue growth, missing analysts' expectations.
Advanced Micro Devices lost 8.2% after Chief Executive Lisa Su said data center sales in the current quarter would be down about 7% from the just-ended quarter .
Chipotle Mexican Grill slid 6.8% after the burrito maker forecast tepid annual comparable sales growth.
All three major Wall Street indexes closed higher on Tuesday , with energy shares outperforming.
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Nintendo has found even greater success with handhelds than with home consoles.
The Virtual Boy was too far ahead of its time, and it was discontinued earlier than most Nintendo hardware.
The Nintendo 3DS' defining feature was its stereoscopic 3D, which allowed select games to create the illusion of depth using the console’s 3D switch.
While the 3DS was impressive for what it was, very few games made practical use of its 3D capabilities.
The Nintendo DS was a great handheld with a unique gimmick that gave it lasting appeal.
The Game Boy was Nintendo 's successor to the Game & Watch line of dedicated handheld games, serving as a standalone system that used cartridges.
Nintendo made up for the Game Boy's weak hardware by working within its limitations.
The DS featured a surprisingly powerful graphics chip that was capable of rendering 3D visuals slightly better than the Nintendo 64.
Yahoo Finance
•Alphabet stock gets rocked after cloud computing and spending surprise: What Wall Street is saying
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Alphabet (GOOGL) is now in the penalty box.
Shares tanked 8% in pre-market trading on Wednesday following a fourth quarter revenue miss.
Softer than expected sales in cloud services and a deceleration in the business from the preceding quarter .
CFO Anat Ashkenazi pinned the blame on being "capacity constrained" in the cloud, pointing to still strong demand.
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Google has updated its AI Principles to remove an entire section on artificial intelligence applications it pledged not to pursue.
The policy had previously stated that it would not design nor deploy AI technology for use in weapons, or in surveillance technology which violates "internationally accepted norms" Now it seems that such use cases might not be entirely off the table.
CNBC
•Apple shares fall 3% in premarket after China reportedly considers probe into App Store practices
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Apple shares fell on Wednesday after Bloomberg reported that Chinese regulators are considering whether to open a formal probe into the iPhone giant's App Store fees and policies.
The State Administration for Market Regulation (SAMR ) is looking into policies that include Apple taking a cut of as much as 30% on in-app spending, as well as blocking third -party payment services and app stores.
Apple has maintained that its strict App Store policies are designed to protect users.
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AMD and Google publicly disclosed September findings of a key microcode vulnerability in AMD Zen 1 to Zen 4 CPUs.
This vulnerability, CVE-2024-56161 , is discussed in more detail in the GitHub post from the Google Security Research team and, of course, AMD 's security bulletin on the vulnerability.
The original issue was reported on September 25, 2024 , and subsequently fixed by AMD about two and a half months later .
The public disclosure date was delayed until February 3 to give AMD 's customers time to apply the fix before the issue became more widespread.
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91% of Gen Z workers say it would be nice to have a balance between virtual and in-person opportunities to connect with others at their company and in their industry.
The youngest generation at work feels that connecting with people in person is valuable.
Only two in five Gen Zers expressed high confidence in networking or building business relationships.