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After rising by more than 580% in a single trading session yesterday, shares of Allbirds Inc. (Nasdaq: BIRD) fell this morning in premarket trading, at one point more than 30%. The steep rise and now potential fall in the stock price followed the company’s unexpected announcement that it intends to transition from a sustainable shoemaker to an AI compute infrastructure provider. But while AI-obsessed investors initially cheered the odd move, history suggests the pivot may be a challenging one to pull off in the long run. Here’s what you need to know. What’s happened? Yesterday, San Francisco-based Allbirds, whose wool footwear had been popular with Silicon …

Google-parent Alphabet beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and cloud computing unit showed steady growth. Shares of the company rose 6% in extended trading. The company reported total revenue of $102.35 billion for the quarter, compared with analysts’ average estimate of $99.89 billion, according to data compiled by LSEG. The cloud services and AI giant raised its capital expenditure forecast for the year to between $91 billion and $93 billion, compared with the estimates of $80.67 billion. Google Cloud remained one of Alphabet’s fastest-growing segments, benefiting from surging enterpris…

Google‘s corporate parent on Monday announced an agreement to buy data center energy specialist Intersect for $4.75 billion as part of its effort to secure the vast amounts of electricity needed to power artificial intelligence technology. Alphabet, which depends on Google’s search engine and other online services for most of its revenue, is buying out Intersect in its entirety after purchasing a stake in the San Francisco-based startup a year ago. Intersect had previously raised $2.1 billion from Google and other early investors. After the acquisition is completed during the first half of next year, Alphabet intends to allow Intersect to operate independently whi…

Shares in Google’s parent company, Alphabet (Nasdaq: GOOG), are down nearly 7% in premarket trading at the time of this writing. The fall comes a day after Google announced its fourth-quarter 2024 earnings results. Here’s what you need to know about those results and the likely reasons why GOOG stock is falling this morning. Google Q4 2024 results were a mixed bag Google saw both its revenue and earnings per share (EPS) increase in Q4 versus the quarter a year earlier. For the Q4 2024 quarter, Google posted nearly $96.5 billion in revenue—12% growth from Q4 2023. However, in that previous Q4 2023 quarter, Google’s revenue growth had been 13%, suggesting that growth…

Google’s transition into the era of artificial intelligence continued to pay off for its corporate parent, Alphabet Inc., which on Wednesday announced another quarter of stellar growth that helped to more than double its already lofty market value during the past year. Alphabet earned $62.6 billion, or $5.11 per share, during the January-March period, an 81% increase from the same time last year. Revenue climbed 22% from last year to $109.9 billion. Both numbers easily surpassed the analyst projections that steer investors. Alphabet’s stock price rose more than 6% in extended trading after the numbers came out, setting up the shares to hit a new high during Thursd…

The great power competition in the AI Age will probably be between OpenAI and Google, and one of the main battles may be over advertising dollars. OpenAI CEO Sam Altman seemed to describe the world in those terms during an appearance on the Big Technology podcast Monday. OpenAI, which is not yet profitable, is reportedly getting set to sell ads within ChatGPT in an effort to monetize the many free users on its platform. ChatGPT now has an impressive 800 million weekly active users, but only 35 million of them buy subscriptions. The ads, which could help pay for OpenAI’s plan to spend $115 billion on infrastructure by 2029, could show up as soon as early 2026. As …

How is it that no matter how much you intend to get to bed earlier, you never do? And morning mercilessly comes at the same time no matter how little sleep you’ve gotten. If you struggle with the evening slide where you stay up too late to get things done, or to have some “me” time, you’re not alone. It’s a common issue that I see with my time management coaching clients. Here are three of the strategies that I’ve found most effective to stop the evening slide, get to bed on time, and still get everything done. Keep the Dominos Up Getting to bed late is often the final block in a chain effect that began much earlier in the day. So to beat the evening slide,…

Michael Long is not the typical neuroscience guy. He was trained as a physicist, but is primarily a writer. He coauthored the international bestseller The Molecule of More. As a speechwriter, he has written for members of Congress, cabinet secretaries, presidential candidates, and Fortune 10 CEOs. His screenplays have been performed on most New York stages. He teaches writing at Georgetown University. What’s the big idea? Dopamine is to blame for a lot of your misery. It compels us to endlessly chase more, better, and greater—even when our dreams have come true. Thanks to dopamine, we often feel restless and hopeless. So no, maybe it’s not quite accurate to call it…

Anyone who knows me knows I’m an optimistic, joy-seeking, recovering workaholic committed to leading a joyful rebellion against stress and burnout. So when friends started tagging me in posts about U.S. figure skater Alysa Liu’s joyful gold medal win at the Winter Olympics in Milan, I paid attention. Because this isn’t just a sports story. It’s a leadership story. When Liu stepped away from competitive figure skating at the height of her career, it wasn’t because she lacked grit. It was because pushing harder was costing her joy. That choice runs against everything we tend to praise in high performers: Push through. Power through. Never quit. In an interview with …

It could have easily become a high-rise luxury condo complex. Or maybe a struggling office tower now being converted into luxury condos. Maybe a parking garage, or a data center. But instead, 30 years ago this spring, Alameda County Parcel Number 8-641-8-5 became home to the Oakland Ice Center—where recently-crowned Olympic gold-medalist figure skater Alysa Liu still trains. Located just north of downtown Oakland, in what the city considers the Uptown Retail and Entertainment Area, parcel 8-641-8-5 was just a vacant, privately-owned lot back in 1991. But in that year, Oakland’s now-defunct Redevelopment Agency acquired it as part of a three-parcel transaction for …

It’s time to celebrate your favorite singers and musical acts by tuning into the American Music Awards tonight (Monday, May 26, 2025) at 8 p.m. ET / 5 p.m. PT. Unlike the Grammy Awards, the AMAs put the power in the hands of the fans. As explained on the AMA website, nominations are based on “key fan interactions” such as record sales, number of streams, and tour revenue, while the winners are voted on by the public at large. While most of the polls are closed, there is still time to cast your vote for the Collaboration of the Year and Social Song of the Year. Let’s get up to speed so you can enjoy all the music. Have the AMAs always been on Memorial Day? …

Amazon is pushing deeper into the grocery aisle with the launch of Amazon Grocery, a food brand that keeps most prices under $5. The idea of buying much of anything for $5 seems like a distant memory for most shoppers these days, as The President’s tariffs and persistent inflation keep the price of everyday consumer goods high with little relief in sight. Keenly aware of that, Amazon is looking to undercut the competition’s prices with its own newly unified private label brand for everything from eggs and pre-made salads to ground beef and olive oil. The company plans to expand its offerings to more grocery staples like frozen pasta, granola and cakes in the coming mo…

Workers at an Amazon warehouse in North Carolina rejected a proposal to unionize, becoming the latest group of the company’s employees to side against union representation. About three-quarters of employees at an Amazon fulfillment center in Garner, a town located near Raleigh, voted against joining a grassroots labor organization called Carolina Amazonians United for Solidarity and Empowerment, the National Labor Relations Board announced Saturday. The federal labor agency said 2,447 workers cast ballots against union representation while 829 voted in favor of joining the independent union, which is made up of former and current Amazon workers. The NLRB had said …

Amazon Prime members in the US can regularly save on gas, but many might not even know it. Now might be the best time to jump on it—for a limited time only, fuel savings can double. The savings perk dates back to October 2024, when Amazon partnered with, BP’s rewards and fueling app earnify, allowing Prime members save 10 cents a gallon. Now, from April 3 to May 29, members can double the savings once a week on Fuel-Up Fridays. To start saving, Amazon Prime members need to activate the perk and must link their accounts to earnify. Then, members can find the 7,500 participating BP, Amoco, Thorntons, and AM/PM gas stations and fuel up there. “You can then apply…

Amazon will double down on the Whole Foods brand, killing two of its own physical retail experiments in the process. The online retail giant said Tuesday that it will close all of its Amazon Go convenience stores and Amazon Fresh brick-and-mortar grocery stores. In total, around 70 locations across the two sub-brands will close starting at the beginning of February, with some to later reopen under the Whole Foods brand. Amazon Fresh stores served as a physical counterpart to Amazon’s online grocery delivery service by the same name while Amazon Go stores offered convenience store staples with a high-tech checkout twist. “After a careful evaluation of the busin…

Amazon is rolling out kiosks that let patients get their prescriptions while they are still at the doctor’s office. Starting in December 2025, the tech behemoth will be stepping up its efforts to become a bigger presence in the pharmaceutical market by launching in-office pharmaceutical kiosks stocked with medicine. The kiosks will initially be launched at certain One Medical locations (which Amazon acquired in 2023 for $3.9 billion), including in Downtown Los Angeles, West Los Angeles, Beverly Hills, Long Beach, and West Hollywood. The company claims that the kiosks will help combat pharmacy deserts across the U.S., and help patients who don’t or can’t fil…

Amazon ushered in a new era for television advertising when it converted Prime Video into an ad-supported experience by default in 2024. By the middle of this year, some 130 million U.S. viewers were on Prime Video’s ad tier, watching between four and six minutes of ads per hour, according to an Adweek report. The move is part of the company’s long-term plan to dominate television advertising as viewership shifts from traditional broadcast and cable TV to streaming platforms. “The digital advertising landscape is rapidly evolving with streaming TV becoming mainstream,” says Kelly MacLean, VP of Amazon DSP, the company’s ad-buying platform. Under MacLean, Amazon’s…

It’s been a brutal week when it comes to layoffs. On Monday, shoe giant Nike announced it would lay off 775 employees, and on Tuesday, Pinterest announced it would lay off around 15% of its workforce. The same day, UPS announced 30,000 job cuts. Now Amazon is also joining their ranks with the announcement today of mass layoffs. Here’s what you need to know. What’s happened? On Wednesday, Amazon announced that it was eliminating 16,000 positions across its workforce. The company has around 1.5 million workers worldwide. In an unfortunate event, on Tuesday, Amazon accidentally sent an email to employees referencing the layoffs before they had been commu…

The Bezos vs. Musk battle for satellite internet service is heating up In what’s rapidly becoming the new space race: Amazon will start testing its high-speed internet service that it’s building out to compete with SpaceX’s Starlink service. With a broader rollout planned for next year, Amazon announced on Monday some updates to its Leo network—including a new program that will see select businesses taking part in an “enterprise preview” of the forthcoming service. In turn, Amazon can collect feedback to tailor services for specific industries. “Amazon Leo represents a massive opportunity for businesses operating in challenging environments,” Chris Weber, vic…

Amazon reached a $2.5 billion settlement with the Federal Trade Commission (FTC) on Thursday over whether the e-commerce giant used “deceptive methods” to sign up consumers for Prime subscriptions, then made it “exceedingly difficult” to cancel. The agency argued Amazon enrolled millions of customers in Prime subscriptions without their consent, and knowingly made it difficult for consumers to get out of the agreement. That settlement, which comes just three days into the civil trial in federal court in Seattle, included a whopping $1 billion civil penalty, the highest in history, and a $1.5 billion fund to refund Prime users harmed by the deceptive enrollment pra…

Amazon is expanding its same-day delivery services for its Pharmacy. In an announcement Wednesday the company said plans to bring Amazon Pharmacy to nearly 4,500 locations around the country, which is an addition of around 2,000 cities and towns by the end of 2026. Amazon Pharmacy was first launched in 2020 in 45 U.S. states. By 2023, it served some locations in all 50. But the service has been continuously expanding to cover a growing number of locations since its launch while offering same-day delivery in more cities. Per Amazon’s announcement, the most recent expansion will now offer same-day delivery to its newly served customers in Idaho and Massachusetts. “…