News

The S&P 500 dropped 0.37% and closed at 6,339.39 for its third straight losing day, while the Nasdaq Composite inched down ...
The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...
Microsoft has posted strong financial results for the fourth quarter and fiscal year ending June 30, attributed primarily to continued demand for cloud services and AI programs. The company generated ...
Apple's growth relies on buybacks, not innovation. Explore challenges like low CapEx and AI gaps driving overvaluation.
CNBC’s MacKenzie Sigalos reports on Amazon’s move to raise its quarterly capital spending to $31.4 billion, setting an annualized pace above $118 billion and escalating the hyperscaler race against ...
The tech giant saw its heavy AI spending pay off Thursday as strong quarterly earnings results helped push its valuation past the $4 trillion mark.
What Happened in Markets Today Microsoft and Meta rose after blockbuster quarterly earnings driven by AI. Microsoft ended the session up 4% and ended trading with a market capitalization near $4 ...
As reliance on cloud computing grows, business deals made by American technology firms, China’s increasing control over undersea cable networks, and the Chinese Communist Party’s intense subsidization ...
Investors had big expectations for Amazon, and in particular the company's AWS cloud unit, following strong results from Microsoft ( MSFT 3.94%). Amazon revenue and earnings were up 13% and 33%, ...
On tariffs, U.S. President Donald Trump on Thursday gave Mexico a 90-day reprieve to negotiate a broader trade deal, but is later expected to slap new levies on countries that have not struck trade ...
Meta delivered 22% revenue growth to $47.52 billion as AI investments fuel improved ad monetization. On the earnings call, co ...
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the company’s business that had struggled over the past year.