Lyft's stock plummets 16% as a disappointing quarter presents a setback for its comeback story

Tech Insider : Business, Economy
A Lyft rental bike is seen from its rear wheel as a user rides another bike in a bike lane in the background
Lyft's fourth-quarter results sent its stock 16% lower in after-hours trading on Tuesday.

Justin Sullivan/Getty Images

Amazon's blowout $200 billion AI spending plan stuns Wall Street

Tech Insider : Business
Amazon CEO Andy Jassy
Amazon CEO Andy Jassy

Fortune via Reuters Connect

Disney says it took a $110 million hit from its fight with YouTube TV

Tech Insider : Sports, Business, Travel
Disney sports fans
Sports fans are caught in the middle of Disney and YouTube TV's contract dispute.

Valerie Macon/AFP via Getty Images; Matthew Pearce/Icon Sportswire via Getty Images

Data centers are powering Blackstone's $1.3 trillion investment empire

Tech Insider : Business, Economy
Blackstone CEO Steve Schwarzman speaks and holds out his hand in a gesture during the Business Roundtable CEO Innovation Summit in Washington, DC on December 6, 2018.
Blackstone CEO Steve Schwarzman

Jim Watson/AFP/Getty Images

Microsoft says OpenAI is driving 45% of the backlog for Azure cloud computing

Tech Insider : Business
Satya Nadella is speaking in front of an OpenAI logo.
"Remember this was a nonprofit, and I think Bill even said, 'Yeah, you're going to burn this billion dollars,'" Satya Nadella said of Microsoft's $1 billion investment into OpenAI in 2019.

Jason Redmond/AFP via Getty Images

Meta and Microsoft both blew their data center budgets last quarter. Wall Street is only mad at one of them.

Tech Insider : Business
Meta

illustration by Cheng Xin/Getty Images

Tesla Q4 earnings recap: Musk talks $2 billion xAI investment, Optimus 3 — and makes shock announcement

Tech Insider : Business, Environment, Technology
elon musk.JPG
Tesla reported Q4 adjusted earnings per share ahead of estimates, but revenue fell short of analysts' expectations.

HANNIBAL HANSCHKE/Reuters

Tesla earnings are here — and they arrived with some surprise announcements.

Microsoft CFO's memo to staff calls out AI deals, coding, and chips

Tech Insider : Business
Amy Hood Microsoft CFO
Microsoft CFO Amy Hood

Stephen Brashear/Getty Images

Starbucks wants to be your afternoon wellness stop with protein drinks and fiber snacks

Tech Insider : Business
A sign promoting Starbucks' protein cold foam stands outside one of the chain's locations at Atlanta's airport.
Starbucks CEO Brian Niccol said the coffee giant is continuing to expand its wellness offerings, including personalized energy drinks and protein and fiber snacks.

Smith Collection/Gado/Getty Images

Starbucks CEO says the 'Back to Starbucks' turnaround is starting to click — but one key metric still needs work

Tech Insider : Economy, Business
Starbucks cup being sipped by a woman
Did you order this extra fancy Starbucks drink? It could be off the menu!

Beata Zawrzel/NurPhoto via Getty Images

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