These are the stocks posting the largest moves in midday trading.
as the default search engine on its smartphones in favor of Microsoft's Bing. The report, citing internal messages, said Alphabet was spooked upon learning about the discussions in March, and that about $3 billion in annual revenue is at stake.— Shares of Charles Schwab rose about 2.
5% after the brokerage firm posted better-than-expected earnings on Monday. Schwab posted adjusted earnings of 93 cents per share, beating analysts' forecast of 90 cents per share, according to Refinitiv. The company's revenue of $5.12 billion fell slightly short of analysts' estimates. Schwab has faced pressure since the collapse of Silicon Valley Bank. Schwab, however, has
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Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & moreJPMorgan downgraded Dell to neutral from overweight, citing its preference for HP's expected recovery in the PC segment.
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Charles Schwab gives spring update, adds over 1 million new brokerage clientsCharles Schwab gave its spring business update on Monday, showcasing financial strategies used to beat Wall Street’s predictions for first quarter earnings.
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Alphabet falls as Samsung mulls switching to Bing By Investing.com*GOOGLE MAY LOSE SEARCH ON SAMSUNG DEVICES TO MICROSOFT BING $GOOGL $MSFT
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Alphabet shares dip on report Samsung phones may switch to Microsoft Bing searchThe move could cost Google billions in advertising revenue and reportedly shocked employees, given Samsung's longtime relationship with Google.
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Alphabet shares fall on report Samsung may dump Google Search for BingAlphabet Inc shares fell nearly 4% on Monday after a report that South Korea's Samsung Electronics was considering replacing Google with Microsoft-owned Bing as the default search engine on its devices.
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Google Stock Loses $57 Billion Amid Microsoft’s AI ‘Lead’—And Reports It Could Be Replaced By Bing On Some SmartphonesMicrosoft shares are up 21% since ChatGPT launched last November, far outpacing Alphabet’s 10% gain.
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