Company Reports – Page 21

Tesla and Alphabet Earnings Prompt Big Tech Stock Decline

Disappointing earnings reports from the tech giants dragged the Nasdaq composite down 2.9 percent, amid a shift by investors to stocks of smaller companies.

By Danielle Kaye

Alphabet Inc Artificial Intelligence Company Reports Computers and the Internet Google Inc Mergers, Acquisitions and Divestitures Pichai, Sundar Wiz Inc

Alphabet Reports 29% Jump in Profit as A.I. Efforts Begin to Pay Off

Google’s parent company narrowly topped revenue and profit expectations, driven by its search engine and cloud unit, and it said A.I. investments were “driving new growth.”

By Nico Grant

Artificial Intelligence Automobiles Company Reports Driverless and Semiautonomous Vehicles Electric and Hybrid Vehicles Factories and Manufacturing General Motors Musk, Elon Taxicabs and Taxicab Drivers Tesla Motors Inc United States

Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales

The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.

By Neal E. Boudette

Appointments and Executive Changes Automobile Safety Features and Defects Automobiles Company Reports Cruise LLC Dallas (Tex) Driverless and Semiautonomous Vehicles Electric and Hybrid Vehicles General Motors Houston (Tex) Phoenix (Ariz) Regulation and Deregulation of Industry San Francisco (Calif) Start-ups Taxicabs and Taxicab Drivers Traffic Accidents and Safety

G.M. Will Restart Cruise Taxi Service

General Motors said the self-driving division’s cars will operate in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.

By Neal E. Boudette