Shares of Google parent Alphabet tumbled Wednesday after its key partner Apple indicated Google’s days of search engine dominance on Apple devices may be numbered, causing Google stock to limp toward one of its largest losses ever,

The Apple executive also shared that the number of Google searches made on Safari decreased for the first time ever this year. He attributed the change to the rise of AI search engines. “That has never happened in 22 years,

Mainly: What happens to the company if lots of people start using AI engines to answer questions instead of Google's dominant search engine? Now it looks like that might actually be happening. Apple executive Eddy Cue says searches on Apple's Safari browser shrank for the first time ever in April — a change he chalked up to people using AI instead.

The chip maker expects “strong growth” this year despite the uncertain macroeconomic and regulatory environment.

Key Takeaways AMD shares gained ground in extended trading on Tuesday after the chipmaker posted first-quarter earnings that surpassed Wall Street expectations, boosted by surging data center sales.The stock has rallied toward the upper trendline of a descending channel and 50-day moving average,

The company offered a sales range for the current quarter with $7.4 billion at the midpoint versus the $7.2 billion analysts’ estimate.“Despite the dynamic macro and regulatory environment, our first- quarter results and second-quarter outlook highlight the strength of our differentiated product portfolio and consistent execution positioning us well for strong growth in 2025,