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Wall Street had a lot riding on whether this week’s big tech earnings would meet increasingly high expectations. By and large ...
There was a time when investors disapproved tech companies spending on AI, but this quarter showed a different story. Tech ...
You can learn a lot by watching who the market stops caring about. A year ago, if you whispered the words “Magnificent Seven, ...
In a major development, US tech giants have spent more on artificial intelligence (AI) than the federal government has spent ...
In 2025, leading tech companies have invested $155bn in artificial intelligence, with plans to spend hundreds of billions more in the coming year.
The Nasdaq Composite remained on track for a record finish, maintaining positive momentum on big gains for tech stocks after strong earnings late Wednesday from Microsoft and Meta. The Dow Jones ...
The increasing investment in infrastructure is reinforcing the dominance of a few large players in the tech industry. While ...
Meta founder Mark Zuckerberg has overtaken Amazon’s Jeff Bezos to become the world’s third-wealthiest person, according to Forbes’ real-time billionaires list, after Meta’s stock surged following ...
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two ...
Still, risks remain. Microsoft or Meta could start targeting the quick-answer business with their own chatbots, as could ...
Amazon shares closed 8.3% lower, logging their largest daily decline since April 3, and settled at $214.75, erasing gains over the past five weeks. Amazon stock led a sell-off in tech giants on Friday ...
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two ...