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The dismissals escalated longstanding tensions between company leaders and activist employees opposed to supplying technology to Israel's government.

Google CFO Ruth Porat wrote to employees that the finance teams would be restructured, a move that will include relocations and layoffs.

Stifel maintained a buy rating on the shares but raised its price target to $174. Investors expect more growth out of the tech titan following the launch of the Gemini AI model in December.

Instagram is a massively popular social media platform that allows users to upload photos and videos, record live content, edit it, and share it publicly or with followers. Exerting huge influence and shaping trends in fashion, aesthetics, and lifestyle, it serves as a creativity and business hub for billions of people worldwide.

Google and Amazon workers held protests on Tuesday in Seattle and other tech hubs, demonstrating in opposition to the tech giants' role in a cloud services contract with the Israeli government. About 50 workers and pro-Palestinian activists gathered outside Google's Seattle offices in South Lake Union, just a short distance from Amazon's headquarters. The two tech companies are part of a $1.2 billion contract called Project Nimbus that provides cloud services and data centers to the Israeli government.

Waymo, the self-driving company under Alphabet, began testing its robotaxis in Atlanta on Tuesday, adding another city to its ever-expanding testing and deployment domain.

The IRS typically gives tax refunds within 21 days of filing your tax return electronically. The process takes longer for paper returns, but you could end up with some extra money for tax refund stocks.

They demanded that Google cancel its participation in "Project Nimbus" -- a $1.2 billion contract with Israel that involves Google Cloud as well as Amazon Web Services.

The broad basket of social media stocks has much to gain as they seek to trim inefficiencies while investing in various growth drivers. Undoubtedly, generative artificial intelligence (AI) can help many big-name social media firms better monetize their swollen user bases.

The outlook is improving for the digital sector, including key industry players like Alphabet Inc's (NASDAQ:GOOG) Google and Instagram and Facebook owner Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB), according to UBS. The Swiss bank's Evidence Lab research points to low double-digit growth for 2024, which contrasts with the low single-digit growth rates observed in December.