News

Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
Microsoft and Meta both beat earnings expectations by large amounts and the reason was because of AI helping their basic ...
Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after ...
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...
Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...
Recent Q2 earnings reports have brought unexpected good news for both Meta (META) and Microsoft (MSFT). The ...
Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged ...
S&P 500 and Nasdaq futures climbed to record levels on Thursday, after blockbuster earnings from Meta and Microsoft signaled ...
Nvidia shares sold off sharply this spring, fueled by increased worry that spending on artificial intelligence infrastructure ...
S&P 500 futures are up 0.4%. Dow Jones Industrial Average futures are jumping 1%. Nasdaq 100 futures are surging 1.4%. On Wednesday, the Dow Jones Industrial Average fell 172 points, or 0.38%, to ...