The Rundown Google Delivers Earnings Beat, Meta Makes Cuts to Reality Labs Division
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Apr 25, 2025 Explore Google's impressive earnings and how it shines in the tech landscape amid Intel's setbacks. Dive into Meta's controversial cuts to its Reality Labs division, affecting innovation. The conversation also highlights Waymo's advancements in robo-taxi services, underscoring the shifting trends in technology. Discover the dynamic movements of the stock market and what they mean for the future of these tech giants.
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Google's Strong Earnings Defy Fears
- Google's Q1 revenues rose 12% year-over-year, proving its search business is thriving despite AI competition talk.
- Google Cloud grew 28%, showing strong momentum against competitors like AWS and Azure.
Host's Experience with Google's AI
- Zaid Admani personally uses Google's Gemini 2.5 AI model and finds it "pretty awesome".
- He feels Google's AI search results are still inconsistent and a work in progress.
Intel's Trouble and Turnaround Plans
- Intel's flat Q1 revenue and lower Q2 outlook show the company's struggles amid the AI chip boom.
- New CEO Lip Boot Tan plans major layoffs and cost cuts to turn Intel around, signaling no quick fixes.