Associated Press & Alphabet Inc.

Associated Press: Associated Press is offering buyouts to U.S.-based journalists as it pivots away from newspaper-focused journalism towards visual journalism and new revenue sources, particularly from technology and AI companies. This strategic shift aims to adapt to changing customer bases and declining newspaper revenue.

Alphabet Inc.: Alphabet Inc., through Google, contracted with Associated Press to deliver news via the Gemini chatbot, making it a key technology customer for Associated Press.

Associated Press: Associated Press reported on Iran's offer to end its chokehold on the Strait of Hormuz in exchange for the US lifting its blockade.

Alphabet Inc.: Alphabet Inc.'s strong earnings contributed to a tech sector rally, indirectly benefiting from investor optimism amid hopes for an end to the Iran conflict.