Google app's Saves and collections may finally get the visibility they deserve (APK teardown)
TL;DR Google is simplifying how it stores and displays saves and collections inside its Android and iOS apps.
It is currently testing a new interface with separate tabs for saves and collections.
The new interface is evidently a work in progress and might change before it becomes a more permanent feature.
The Google app on Android and iOS allows you to bookmark and organize important search results and links to revisit later, grouped under 'Saves and collections.' The feature is incredibly useful, but it remains cluttered, and Google previously attempted to improve its utility by adding a search functionality. Now, it is finally working to simplify the interface, which could allow the feature to receive the attention it deserves from users.
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An APK teardown helps predict features that may arrive on a service in the future based on work-in-progress code. However, it is possible that such predicted features may not make it to a public release.
Earlier this year, we spotted that Google was testing a new sharing method for collections. Now, we've noticed an additional change that may be coming to saves and collections, which primarily includes an entirely new interface. This new interface uses separate tabs to display your saves and collections, and we spotted it buried in version 16.28.59 beta of the Google app for Android.
This change is significant since saves and collections currently have redundant interfaces. You can either access them by tapping Saves and collections from the menu under the profile picker or by tapping the Activity tab in the Google app, both of which show the saved links in two different styles. While accessing them through the overflow menu predominantly focuses on a clustered view, where bookmarks are grouped together based on category (the image on the left), viewing them through the Activity tab shows individual links with dedicated thumbnails for saves (the center image below) and a scrollable carousel.
Method 1 to access Saves and collections in Google app
Method 2 to access Saves and collections in Google app
New interface with separate tabs for saves and collections
This new interface is essentially still a work in progress, as my colleague AssembleDebug, who discovered it, was unable to view their saves or collections listed on the page.
Additionally, the current interface redirected us to a webpage outside the Google app. When it's closer to completion, we can expect Google to integrate the interface directly into the app. Before that happens, we might also see some changes to this rudimentary interface, but will ensure communicating them to you.
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Stock market today: S&P 500 notches 4th consecutive record as Google earnings fuel AI hopes
US stocks were mixed on Thursday, with the S&P 500 (^GSPC) notching its fourth record close in a row as tech earnings from Alphabet (GOOG) pointed to AI as a key growth catalyst. The tech-heavy Nasdaq Composite (^IXIC) rose 0.2% to also close at a fresh record, while the S&P 500 ended up just 0.1% higher. The Dow Jones Industrial Average (^DJI) dropped 0.6% amid a post-earnings slide in IBM (IBM) shares. Alphabet beat Wall Street's second quarter earnings expectations and doubled down on its AI spending spree. The Google parent's shares rose alongside other AI-linked stocks such as Nvidia (NVDA), helping buoy the tech-focused gauges. Read more: Full earnings coverage in our live blog But fellow "Magnificent Seven" stalwart Tesla's (TSLA) stock sank after an earnings miss, a continued slump in European sales, and a warning from CEO Elon Musk that the EV maker faced "rough quarters" as President Trump's budget bill kills off tax credits. Trade deal hopes continued to run high after the US-Japan pact helped fuel more records for the S&P 500 and Nasdaq Composite on Wednesday. The EU and US are closing in on an agreement that would impose a 15% tariff for most imports from Europe, instead of the 30% threatened, media reports said. Read more: The latest on Trump's tariffs That rate is emerging as a potential new baseline for the "reciprocal" tariffs set to kick in on Aug. 1, going by Trump's comments late Wednesday. Previously, the president had imposed a 10% baseline rate on countries as part of his sweeping April tariffs. Stocks closed mixed, but S&P 500 ekes out 4th consecutive record close, Nasdaq notches fresh high Stocks closed mixed on Thursday but the S&P 500 (^GSPC) managed to close just above the flatline to close at its 4th record in a row for the week, over optimism that AI is paying off for Big Tech players like Alphabet (GOOG). 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Southwest also missed Wall Street estimates for Q2 profit. The company reported operating revenue of $7.24 billion in the quarter through June, compared with $7.35 billion a year earlier. The budget carrier reported an adjusted profit per share of $0.43, compared with analysts' average expectations of $0.51, according to data compiled by LSEG. Read more about the latest earnings updates here. American Airlines stock tumbles as carrier cites 'tough' July for domestic travel American Airlines (AAL) stock slumped 6% on Thursday as the carrier echoed a trend seen with its peer Southwest (LUV) — weaker-than-expected domestic travel last quarter. "July has been tough, really hit hard by the uncertainty during the primary booking period," American CEO Robert Isom said during the company's earnings call on Thursday morning. The airline pointed out domestic revenue declined about 6% year over year over year in the three-month period ending in June. However, the company expects that July will be the low point and that performance will improve sequentially month over month. In other words, Americans financials will recover during the second half of the year. "Let's face it, the domestic network has been under stress because of the uncertainty in the economy and the reluctance of domestic passengers to get in the game," Isom said Read more here. It sounds like Trump now has a new minimum tariff rate: 15% Yahoo Finance's Ben Werschkul reports: Read more here. Stock watch: TKO Group + Netflix on Hulk Hogan news Reports have surfaced this afternoon that iconic wrestler Hulk Hogan has died at the age of 71. TMZ and The NY Post both reported the news. I would keep a close eye on TKO Group Holdings (TKO) on this one. The company is the holding company for WWE and UFC. Hogan, of course, is the most recognizable wrestler ever, bar none. 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As Yahoo Finance's Dan Howley reports, Google parent Alphabet (GOOG, GOOGL) is finally starting to cash in on the billions of dollars it's spending on its rapid AI buildout. The company reported better-than-anticipated earnings with CEO Sundar Pichai pointing to AI as a key growth catalyst for its various products. Meanwhile Tesla (TSLA) shares declined 8% after the EV maker posted an earnings and revenue miss in the second quarter and CEO Elon Musk hinted at a "few rough quarters" amid mounting challenges for the automaker. Fed gives media tour ahead of Trump's visit to central bank headquarters Fed officials gave a media tour ahead of President Trump's visit to the central bank's headquarters this afternoon after weeks of mounting criticisms over a $2.5 billion renovation. Reporters posted images on social media on Thursday showcasing the renovation prior to the highly unusual presidential visit expected at the building on the National Mall, slated for 4 p.m. ET. The construction site tour is just one of numerous political pressure points Trump is putting on policymakers after publicly insulting Fed Chair Jerome Powell and calling for him to lower interest rates. Meanwhile, as Yahoo Finance's Jennifer Schonberger reports, the Fed just received a new legal headache Thursday when a money manager sued Powell and other central bank policymakers in a Washington, D.C., federal court. The lawsuit alleges the Fed is violating a 1976 federal law by keeping its monetary policy meetings behind closed doors. Fed officials gave a media tour ahead of President Trump's visit to the central bank's headquarters this afternoon after weeks of mounting criticisms over a $2.5 billion renovation. Reporters posted images on social media on Thursday showcasing the renovation prior to the highly unusual presidential visit expected at the building on the National Mall, slated for 4 p.m. ET. The construction site tour is just one of numerous political pressure points Trump is putting on policymakers after publicly insulting Fed Chair Jerome Powell and calling for him to lower interest rates. Meanwhile, as Yahoo Finance's Jennifer Schonberger reports, the Fed just received a new legal headache Thursday when a money manager sued Powell and other central bank policymakers in a Washington, D.C., federal court. The lawsuit alleges the Fed is violating a 1976 federal law by keeping its monetary policy meetings behind closed doors. Apple's iOS 26 brings the most significant change to your iPhone in years Yahoo Finance's Dan Howley reports: Read more here. Yahoo Finance's Dan Howley reports: Read more here. Southwest stock falls 11% after airline cuts profit forecast Southwest (LUV) stock tanked on Thursday after the airline's earnings results missed estimates. Shares fell over 12% as the earnings call with investors began. (You can listen to the full call here.) As Ines Ferré detailed below with American Airlines, Southwest was hit by a sluggish start to the peak summer travel season that translated to weak domestic travel demand and softer fares. Earlier on Thursday, Southwest CFO Tom Doxey told Yahoo Finance that the company's disappointing results were primarily caused by broader economic challenges, tariff uncertainty, and weaker consumer sentiment. Southwest lowered its full-year pre-tax profit (EBIT) guidance to $600 million-$800 million from the $1.7 billion forecast previously. 'There's an estimate of about $800 million to $1 billion in revenue degradation that has occurred as a result of the macro,' Doxey said. 'The number is large, but it is macro-driven.' Southwest also missed Wall Street estimates for Q2 profit. The company reported operating revenue of $7.24 billion in the quarter through June, compared with $7.35 billion a year earlier. The budget carrier reported an adjusted profit per share of $0.43, compared with analysts' average expectations of $0.51, according to data compiled by LSEG. Read more about the latest earnings updates here. Southwest (LUV) stock tanked on Thursday after the airline's earnings results missed estimates. Shares fell over 12% as the earnings call with investors began. (You can listen to the full call here.) As Ines Ferré detailed below with American Airlines, Southwest was hit by a sluggish start to the peak summer travel season that translated to weak domestic travel demand and softer fares. Earlier on Thursday, Southwest CFO Tom Doxey told Yahoo Finance that the company's disappointing results were primarily caused by broader economic challenges, tariff uncertainty, and weaker consumer sentiment. Southwest lowered its full-year pre-tax profit (EBIT) guidance to $600 million-$800 million from the $1.7 billion forecast previously. 'There's an estimate of about $800 million to $1 billion in revenue degradation that has occurred as a result of the macro,' Doxey said. 'The number is large, but it is macro-driven.' Southwest also missed Wall Street estimates for Q2 profit. The company reported operating revenue of $7.24 billion in the quarter through June, compared with $7.35 billion a year earlier. The budget carrier reported an adjusted profit per share of $0.43, compared with analysts' average expectations of $0.51, according to data compiled by LSEG. Read more about the latest earnings updates here. American Airlines stock tumbles as carrier cites 'tough' July for domestic travel American Airlines (AAL) stock slumped 6% on Thursday as the carrier echoed a trend seen with its peer Southwest (LUV) — weaker-than-expected domestic travel last quarter. "July has been tough, really hit hard by the uncertainty during the primary booking period," American CEO Robert Isom said during the company's earnings call on Thursday morning. The airline pointed out domestic revenue declined about 6% year over year over year in the three-month period ending in June. However, the company expects that July will be the low point and that performance will improve sequentially month over month. In other words, Americans financials will recover during the second half of the year. "Let's face it, the domestic network has been under stress because of the uncertainty in the economy and the reluctance of domestic passengers to get in the game," Isom said Read more here. American Airlines (AAL) stock slumped 6% on Thursday as the carrier echoed a trend seen with its peer Southwest (LUV) — weaker-than-expected domestic travel last quarter. "July has been tough, really hit hard by the uncertainty during the primary booking period," American CEO Robert Isom said during the company's earnings call on Thursday morning. The airline pointed out domestic revenue declined about 6% year over year over year in the three-month period ending in June. However, the company expects that July will be the low point and that performance will improve sequentially month over month. In other words, Americans financials will recover during the second half of the year. "Let's face it, the domestic network has been under stress because of the uncertainty in the economy and the reluctance of domestic passengers to get in the game," Isom said Read more here. It sounds like Trump now has a new minimum tariff rate: 15% Yahoo Finance's Ben Werschkul reports: Read more here. Yahoo Finance's Ben Werschkul reports: Read more here. Stock watch: TKO Group + Netflix on Hulk Hogan news Reports have surfaced this afternoon that iconic wrestler Hulk Hogan has died at the age of 71. TMZ and The NY Post both reported the news. I would keep a close eye on TKO Group Holdings (TKO) on this one. The company is the holding company for WWE and UFC. Hogan, of course, is the most recognizable wrestler ever, bar none. I am curious about how the company honors Hogan in the months ahead, and the details could be shared on the company's Aug. 6 earnings call. I would also keep an eye on Netflix (NFLX) as WWE is exclusively streamed on there now. I suspect the upcoming Monday Night Raw episode may get more eyeballs than norma; following this news. Reports have surfaced this afternoon that iconic wrestler Hulk Hogan has died at the age of 71. TMZ and The NY Post both reported the news. I would keep a close eye on TKO Group Holdings (TKO) on this one. The company is the holding company for WWE and UFC. Hogan, of course, is the most recognizable wrestler ever, bar none. I am curious about how the company honors Hogan in the months ahead, and the details could be shared on the company's Aug. 6 earnings call. I would also keep an eye on Netflix (NFLX) as WWE is exclusively streamed on there now. I suspect the upcoming Monday Night Raw episode may get more eyeballs than norma; following this news. Intel to report Q2 earnings as Wall Street looks for signs of turnaround Intel (INTC) will report its second quarter earnings on Thursday as the company's new CEO, Lip-Bu Tan, continues his attempt to turn around the ailing chip giant, Yahoo Finance's Dan Howley reports. Howley writes: Read more about Intel's upcoming earnings report here. Intel (INTC) will report its second quarter earnings on Thursday as the company's new CEO, Lip-Bu Tan, continues his attempt to turn around the ailing chip giant, Yahoo Finance's Dan Howley reports. Howley writes: Read more about Intel's upcoming earnings report here. Wall Street bullish on Alphabet as Search growth stays steady amid AI disruption fears Wall Street analysts were bullish on Alphabet stock following the Google parent's earnings, as Search revenue continued to climb despite fears of AI displacing the dominant search engine. "Another stable qtr for Search results increases our confidence in the AI transition and should ease concerns on a potential revenue reset," Bank of America analyst Justin Post wrote in a note. Post raised his price outlook on Google shares to $217 from $210. Post and other analysts noted that AI Overviews helped drive 10% more Search queries for the types of searches that the AI is used for. The Overviews has 2 billion monthly users, and the Gemini app has hit 450 million monthly active users. RBC Capital analyst Brad Erickson raised his price target on Google shares to $220 from $200, saying, "We still believe that GOOGL's AI competitors along with its own AI search tools are driving traffic headwinds across the internet, and yet, it is still finding a way to distribute enough intentful volume to grow the business plenty fast." Still, Alphabet has fallen short of giving hard dollar figures for its AI business while focusing on how the technology is driving growth in its existing businesses. Notably, analysts didn't seem discouraged by Alphabet raising its capital expenditure guidance for the year to $85 billion from $75 billion, driven by spending in infrastructure such as data centers and server equipment to power AI. Erickson said the company's "AI investment decisions are being made with clear ROI signals in front of it." Wall Street analysts were bullish on Alphabet stock following the Google parent's earnings, as Search revenue continued to climb despite fears of AI displacing the dominant search engine. "Another stable qtr for Search results increases our confidence in the AI transition and should ease concerns on a potential revenue reset," Bank of America analyst Justin Post wrote in a note. Post raised his price outlook on Google shares to $217 from $210. Post and other analysts noted that AI Overviews helped drive 10% more Search queries for the types of searches that the AI is used for. The Overviews has 2 billion monthly users, and the Gemini app has hit 450 million monthly active users. RBC Capital analyst Brad Erickson raised his price target on Google shares to $220 from $200, saying, "We still believe that GOOGL's AI competitors along with its own AI search tools are driving traffic headwinds across the internet, and yet, it is still finding a way to distribute enough intentful volume to grow the business plenty fast." Still, Alphabet has fallen short of giving hard dollar figures for its AI business while focusing on how the technology is driving growth in its existing businesses. Notably, analysts didn't seem discouraged by Alphabet raising its capital expenditure guidance for the year to $85 billion from $75 billion, driven by spending in infrastructure such as data centers and server equipment to power AI. Erickson said the company's "AI investment decisions are being made with clear ROI signals in front of it." 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UnitedHealth stock drops after company confirms DOJ investigation into Medicare billing practices UnitedHealth (UNH) stock fell as much as 2% early Thursday after the insurance giant disclosed in a regulatory filing Thursday morning that it is facing an investigation from the Department of Justice into its Medicare billing practices, Yahoo Finance's Jake Conley reports. Conley writes: Read the full story here. UnitedHealth (UNH) stock fell as much as 2% early Thursday after the insurance giant disclosed in a regulatory filing Thursday morning that it is facing an investigation from the Department of Justice into its Medicare billing practices, Yahoo Finance's Jake Conley reports. Conley writes: Read the full story here. Stocks trade mixed at the open US stocks traded mixed on Thursday, as hopes lifted for a US-EU trade deal and Wall Street digested earnings results from tech giants Alphabet (GOOGL, GOOG) and Tesla (TSLA) as well as fresh labor market data. The Dow Jones Industrial Average (^DJI) dropped 0.6%, after the blue-chip index ended Wednesday just shy of tis first record close this year. The tech-heavy Nasdaq Composite (^IXIC) rose roughly 0.3%, while the S&P 500 (^GSPC) climbed more than 0.1%. US stocks traded mixed on Thursday, as hopes lifted for a US-EU trade deal and Wall Street digested earnings results from tech giants Alphabet (GOOGL, GOOG) and Tesla (TSLA) as well as fresh labor market data. The Dow Jones Industrial Average (^DJI) dropped 0.6%, after the blue-chip index ended Wednesday just shy of tis first record close this year. The tech-heavy Nasdaq Composite (^IXIC) rose roughly 0.3%, while the S&P 500 (^GSPC) climbed more than 0.1%. IBM stock slides after software sales disappoint International Business Machines stock (IBM) slid 6% ahead of the opening bell after second quarter sales in its core software segment were lower than expected and the company did not provide a forecast for the third quarter. IBM's software segment, which has traditionally been a bright spot, reported sales of $7.39 billion, missing analysts' average estimate of $7.41 billion, per Reuters. After a 30% run-up in the stock year to date, the company had little room to miss estimates. Still, IBM's adjusted earnings per share of $2.80 topped the Street's expectations, and its revenue of $16.98 billion for the quarter beat estimates of $16.59 billion. Companies' spending on artificial intelligence infrastructure spurred demand for IBM's latest AI-specialized mainframes. The infrastructure segment, which houses its mainframe, reported revenue of $4.14 billion, beating estimates of $3.81 billion. Read more here from Reuters. International Business Machines stock (IBM) slid 6% ahead of the opening bell after second quarter sales in its core software segment were lower than expected and the company did not provide a forecast for the third quarter. IBM's software segment, which has traditionally been a bright spot, reported sales of $7.39 billion, missing analysts' average estimate of $7.41 billion, per Reuters. After a 30% run-up in the stock year to date, the company had little room to miss estimates. Still, IBM's adjusted earnings per share of $2.80 topped the Street's expectations, and its revenue of $16.98 billion for the quarter beat estimates of $16.59 billion. Companies' spending on artificial intelligence infrastructure spurred demand for IBM's latest AI-specialized mainframes. The infrastructure segment, which houses its mainframe, reported revenue of $4.14 billion, beating estimates of $3.81 billion. Read more here from Reuters. Jobless claims hit lowest level in three months Amid a quiet week of economic data, investors were greeted with yet another sign that the US labor market isn't flashing glaring alarm signals. Data from the Department of Labor released Thursday morning showed 217,000 initial jobless claims were filed in the week ending July 19, down 4,000 from the week prior and the lowest number of weekly filings since the week of April 12. After surging in May, weekly filings have consistently declined throughout the start of the summer. Meanwhile, 1.955 million continuing claims were filed, up about 4,000 from the week prior and hovering near the highest level seen since November 2021. Economists see an increase in continuing claims as a sign that those out of work are taking longer to find new jobs. Amid a quiet week of economic data, investors were greeted with yet another sign that the US labor market isn't flashing glaring alarm signals. Data from the Department of Labor released Thursday morning showed 217,000 initial jobless claims were filed in the week ending July 19, down 4,000 from the week prior and the lowest number of weekly filings since the week of April 12. After surging in May, weekly filings have consistently declined throughout the start of the summer. Meanwhile, 1.955 million continuing claims were filed, up about 4,000 from the week prior and hovering near the highest level seen since November 2021. Economists see an increase in continuing claims as a sign that those out of work are taking longer to find new jobs. Tesla stock slides as Musk warns of a 'few rough quarters' Tesla's (TSLA) stock is sinking in premarket as a warning from CEO Elon Musk rings in investors' ears. Shares fell over 6% after Tesla posted an earnings miss, setting the stage for a tough stretch ahead. The automaker faces the end of EV incentives brought in by President Trump, alongside potential delays to its autonomous vehicle rollout. 'We probably could have a few rough quarters,' Musk said, per Bloomberg. Meanwhile, a report Thursday showed Tesla's sales in Europe fell in June for the sixth straight month, falling 23%. Tesla's finance chief flagged other challenges on a conference call with analysts. Yahoo Finance's Pras Subramanian reports: Read more here. Tesla's (TSLA) stock is sinking in premarket as a warning from CEO Elon Musk rings in investors' ears. Shares fell over 6% after Tesla posted an earnings miss, setting the stage for a tough stretch ahead. The automaker faces the end of EV incentives brought in by President Trump, alongside potential delays to its autonomous vehicle rollout. 'We probably could have a few rough quarters,' Musk said, per Bloomberg. Meanwhile, a report Thursday showed Tesla's sales in Europe fell in June for the sixth straight month, falling 23%. Tesla's finance chief flagged other challenges on a conference call with analysts. Yahoo Finance's Pras Subramanian reports: Read more here. The AI trade hasn't changed for Big Tech — and that's working for them Alphabet (GOOG, GOOGL) and Tesla (TSLA) kicked off Big Tech earnings on Wednesday afternoon, and Yahoo Finance's Hamza Shaban recaps what investors learned in today's Morning Brief: Read more here. Alphabet (GOOG, GOOGL) and Tesla (TSLA) kicked off Big Tech earnings on Wednesday afternoon, and Yahoo Finance's Hamza Shaban recaps what investors learned in today's Morning Brief: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending July 19) Chicago Fed national activity index (June); S&P Global US manufacturing PMI (July preliminary); S&P Global US services PMI (July preliminary); S&P global US composite PMI (July preliminary); New home sales (June) Earnings: American Airlines (AAL), Blackstone (BX), Deckers (DECK), Dow (DOW), Honeywell (HON), Intel (INTC), Keurig Dr Pepper (KDP), Nasdaq (NDAQ), Nokia (NOK), Southwest Airlines (LUV), Union Pacific (UNP) Here are some of the biggest stories you may have missed overnight and early this morning: Trump signals baseline hike in 'reciprocal' tariffs to 15% The AI trade hasn't changed for Big Tech — and that's working for them Trump to visit Fed HQ for refurb check as he battles with Powell Keurig Dr Pepper beats estimates but coffee inflation lurks Google beats on earnings, doubles down on AI spending spree Tesla stock sinks after earnings miss, 'rough' patch warning Chipotle plunges after company reports 2nd straight sales decline Goldman's trading desk touts cheap hedges against S&P 500 slide Meme stock rally has investors feeling 'invulnerable' Economic data: Initial jobless claims (week ending July 19) Chicago Fed national activity index (June); S&P Global US manufacturing PMI (July preliminary); S&P Global US services PMI (July preliminary); S&P global US composite PMI (July preliminary); New home sales (June) Earnings: American Airlines (AAL), Blackstone (BX), Deckers (DECK), Dow (DOW), Honeywell (HON), Intel (INTC), Keurig Dr Pepper (KDP), Nasdaq (NDAQ), Nokia (NOK), Southwest Airlines (LUV), Union Pacific (UNP) Here are some of the biggest stories you may have missed overnight and early this morning: Trump signals baseline hike in 'reciprocal' tariffs to 15% The AI trade hasn't changed for Big Tech — and that's working for them Trump to visit Fed HQ for refurb check as he battles with Powell Keurig Dr Pepper beats estimates but coffee inflation lurks Google beats on earnings, doubles down on AI spending spree Tesla stock sinks after earnings miss, 'rough' patch warning Chipotle plunges after company reports 2nd straight sales decline Goldman's trading desk touts cheap hedges against S&P 500 slide Meme stock rally has investors feeling 'invulnerable' Meme stock rally has investors feeling 'invulnerable' Retail investors with an appetite for risk are piling into speculative trades and creating a new roster of meme-stocks, helping power a broader rally in markets, Yahoo Finance's Jake Conley reports: Read more here. Retail investors with an appetite for risk are piling into speculative trades and creating a new roster of meme-stocks, helping power a broader rally in markets, Yahoo Finance's Jake Conley reports: Read more here. STMicro stock falls by most in a year after surprise loss STMicroelectronics (STM) delivered a double whammy in its earnings on Thursday: A surprise Q2 loss from restructuring charges and a disappointing outlook for Q3. US-listed stock in the European chipmaker slid over 10% in premarket trading, while its shares in Paris ( fell to their lowest in a year at one point, down 13%. Bloomberg reports: Read more here. STMicroelectronics (STM) delivered a double whammy in its earnings on Thursday: A surprise Q2 loss from restructuring charges and a disappointing outlook for Q3. US-listed stock in the European chipmaker slid over 10% in premarket trading, while its shares in Paris ( fell to their lowest in a year at one point, down 13%. Bloomberg reports: Read more here. Trending tickers: Chipotle Mexican Grill, T-mobile and Wolfspeed Here are some top stocks trending on Yahoo Finance in premarket trading: Chipotle Mexican Grill (CMG) stock fell 10% before the bell on Thursday after reporting another quarter of negative sales growth. The fast-casual restaurant chain posted results on Wednesday as it navigates an uncertain consumer environment and as its new leadership deals with the most challenging backdrop in years. T-mobile (TMUS) stock rose 5% premarket on Thursday after beating analyst estimates on Wednesday. The telecom group's CEO Mike Sievert told Yahoo Finance's executive editor Brian Sozzi that the company's steady value messaging is helping it to gain market share. Wolfspeed (WOLF) shares rose 18% before the bell. The chipmaker's stock reacted positively this week to the new US-Japan trade deal and has been up 13% over the last five days. The US-Japan trade deal boosts optimism for Wolfspeed as it supports Renesas' EV chip production, raising hopes for more deals with automakers like Jaguar Land Rover. Here are some top stocks trending on Yahoo Finance in premarket trading: Chipotle Mexican Grill (CMG) stock fell 10% before the bell on Thursday after reporting another quarter of negative sales growth. The fast-casual restaurant chain posted results on Wednesday as it navigates an uncertain consumer environment and as its new leadership deals with the most challenging backdrop in years. T-mobile (TMUS) stock rose 5% premarket on Thursday after beating analyst estimates on Wednesday. The telecom group's CEO Mike Sievert told Yahoo Finance's executive editor Brian Sozzi that the company's steady value messaging is helping it to gain market share. Wolfspeed (WOLF) shares rose 18% before the bell. The chipmaker's stock reacted positively this week to the new US-Japan trade deal and has been up 13% over the last five days. The US-Japan trade deal boosts optimism for Wolfspeed as it supports Renesas' EV chip production, raising hopes for more deals with automakers like Jaguar Land Rover. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19 minutes ago
- Yahoo
Trump's order to block 'woke' AI in government encourages tech giants to censor their chatbots
Tech companies looking to sell their artificial intelligence technology to the federal government must now contend with a new regulatory hurdle: prove their chatbots aren't 'woke.' President Donald Trump's sweeping new plan to counter China in achieving 'global dominance' in AI promises to cut regulations and cement American values into the AI tools increasingly used at work and home. But one of Trump's three AI executive orders signed Wednesday — the one "preventing woke AI in the federal government' — also mimics China's state-driven approach to mold the behavior of AI systems to fit its ruling party's core values. Several leading providers of the AI language models targeted by the order — products like Google's Gemini, Microsoft's Copilot — have so far been silent on Trump's anti-woke directive, which still faces a study period before it gets into official procurement rules. While the tech industry has largely welcomed Trump's broader AI plans, the anti-woke order forces the industry to leap into a culture war battle — or try their best to quietly avoid it. 'It will have massive influence in the industry right now,' especially as tech companies 'are already capitulating' to other Trump administration directives, said civil rights advocate Alejandra Montoya-Boyer, senior director of The Leadership Conference's Center for Civil Rights and Technology. The move also pushes the tech industry to abandon years of work to combat the pervasive forms of racial and gender bias that studies and real-world examples have shown to be baked into AI systems. 'First off, there's no such thing as woke AI,' she said. 'There's AI technology that discriminates and then there's AI technology that actually works for all people.' Molding the behaviors of AI large language models is challenging because of the way they're built. They've been trained on most of what's on the internet, reflecting the biases of all the people who've posted commentary, edited a Wikipedia entry or shared images online. 'This will be extremely difficult for tech companies to comply with,' said former Biden official Jim Secreto, who was deputy chief of staff to U.S. Secretary of Commerce Gina Raimondo, an architect of many of Biden's AI industry initiatives. 'Large language models reflect the data they're trained on, including all the contradictions and biases in human language.' Tech workers also have a say in how they're designed, from the global workforce of annotators who check their responses to the Silicon Valley engineers who craft the instructions for how they interact with people. Trump's order targets those 'top-down' efforts at tech companies to incorporate what it calls the 'destructive' ideology of diversity, equity and inclusion into AI models, including 'concepts like critical race theory, transgenderism, unconscious bias, intersectionality, and systemic racism.' For Secreto, the order resembles China's playbook in 'using the power of the state to stamp out what it sees as disfavored viewpoints." The method is different, with China relying on direct regulation through its Cyberspace Administration, which audits AI models, approves them before they are deployed and requires them to filter out banned content such as the bloody Tiananmen Square crackdown on pro-democracy protests in 1989. Trump's order doesn't call for any such filters, relying on tech companies to instead show that their technology is ideologically neutral by disclosing some of the internal policies that guide the chatbots. 'The Trump administration is taking a softer but still coercive route by using federal contracts as leverage,' Secreto said. 'That creates strong pressure for companies to self-censor in order to stay in the government's good graces and keep the money flowing.' The order's call for 'truth-seeking' AI echoes the language of the president's one-time ally and adviser Elon Musk, who frequently uses that phrase as the mission for the Grok chatbot made by his company xAI. But whether Grok or its rivals will be favored under the new policy remains to be seen. Despite a 'rhetorically pointed' introduction laying out the Trump administration's problems with DEI, the actual language of the order's directives shouldn't be hard for tech companies to comply with, said Neil Chilson, a Republican former chief technologist for the Federal Trade Commission. 'It doesn't even prohibit an ideological agenda,' just that any intentional methods to guide the model be disclosed, said Chilson, who is now head of AI policy at the nonprofit Abundance Institute. 'Which is pretty light touch, frankly.' Chilson disputes comparisons to China's cruder modes of AI censorship. 'There is nothing in this order that says that companies have to produce or cannot produce certain types of output,' he said. 'It says developers shall not intentionally encode partisan or ideological judgments. That's the exact opposite of the Chinese requirement.' So far, tech companies that have praised Trump's broader AI plans haven't said much about the order. OpenAI on Thursday said it is awaiting more detailed guidance but believes its work to make ChatGPT objective already makes the technology consistent with what the order requires. Microsoft, a major supplier of email, cloud computing and other online services to the federal government, declined to comment Thursday. Musk's xAI, through spokesperson Katie Miller, a former Trump official, pointed to a company comment praising Trump's AI announcements as a 'positive step' but didn't respond to a follow-up question about how Grok would be affected. Anthropic, Google, Meta, and Palantir didn't immediately respond to emailed requests for comment Thursday. AI tools are already widely used in the federal government, according to an inventory created at the end of Biden's term. In just one agency, U.S. Health and Human Services, the inventory found more than 270 use cases, including the use of commercial generative AI platforms such as ChatGPT and Google Gemini for internal agency support to summarize the key points of a lengthy report. The ideas behind the order have bubbled up for more than a year on the podcasts and social media feeds of Sacks and other influential Silicon Valley venture capitalists, many of whom endorsed Trump's presidential campaign last year. Much of their ire centered on Google's February 2024 release of an AI image-generating tool that produced historically inaccurate images before the tech giant took down and fixed the product. Google later explained that the errors — including one user's request for American Founding Fathers that generated portraits of Black, Asian and Native American men — was the result of an overcompensation for technology that, left to its own devices, was prone to favoring lighter-skinned people because of pervasive bias in the systems. Trump allies alleged that Google engineers were hard-coding their own social agenda into the product, and made it a priority to do something about it. 'It's 100% intentional,' said prominent venture capitalist and Trump adviser Marc Andreessen on a podcast in December. 'That's how you get Black George Washington at Google. There's override in the system that basically says, literally, 'Everybody has to be Black.' Boom. There's squads, large sets of people, at these companies who determine these policies and write them down and encode them into these systems.' Sacks credited a conservative strategist for helping to draft the order. 'When they asked me how to define 'woke,' I said there's only one person to call: Chris Rufo. And now it's law: the federal government will not be buying WokeAI,' Sacks wrote on X. Rufo responded that, in addition to helping define the phrase, he also helped 'identify DEI ideologies within the operating constitutions of these systems.' Matt O'brien, The Associated Press Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
19 minutes ago
- Yahoo
Intel to slash workforce by year-end as it forecasts steeper losses than expected
By Arsheeya Bajwa, Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024. Shares of Intel jumped roughly 3.8% in extended trading. The Santa Clara, California-based chipmaker disclosed the layoff goals as it forecast steeper third-quarter losses than Wall Street estimates on Thursday, despite anticipating higher sales than analysts expected while new CEO Lip-Bu Tan steers the company through a historic turnaround. The outlook comes as investors pushed Intel's shares up 14% this year, in the hopes of Tan undoing years of strategic mistakes that have exempted the company from the AI boom dominated by Nvidia. The company said it expects a third-quarter loss of 24 cents per share, steeper than estimates of losses of 18 cents per share, according to data from LSEG. Intel expects revenue of $12.6 billion to $13.6 billion for the September quarter, with a midpoint of $13.1 billion that was higher than analysts' average estimate of $12.65 billion, according to data compiled by LSEG. Growth in the PC market is uncertain after customers pulled shipments forward to the first half of the year amid ongoing trade negotiations, analysts have said. Shipments of PCs rose 6.5% in the June quarter according to data from International Data Corporation. While semiconductors are currently exempt from U.S. President Donald Trump's sweeping global tariffs, Intel and its fellow chipmakers are facing customers who are reluctant about spending commitments amid widespread macroeconomic uncertainty. Intel's second-quarter revenue for the period ended June 28 was flat at $12.9 billion, snapping a four-quarter streak of sales declines. The result beat estimates of $11.92 billion, according to LSEG data. CEO Tan has been focusing on a next-generation chipmaking process called 14A to win big external customers, shifting away from 18A, a technology that his predecessor Pat Gelsinger had spent billions of dollars to develop, Reuters has reported. Tan has also focused on streamlining the organization and reducing its workforce. In April, Intel agreed to sell a 51% stake in its Altera programmable chip business for $4.46 billion. Intel said job cuts contributed to restructuring costs of $1.9 billion in the second quarter. It recorded June quarter adjusted losses of 10 cents per share, compared with estimates of a profit of 1 cent per share. Its unadjusted loss was 67 cents per share in the second quarter, steeper than analyst estimates of a 26-cent-per-share loss. Sign in to access your portfolio
