Alphabet, Amazon, and Meta raised their capital expenditure forecasts in the tech giants' most recent earnings reports.
I tried on Meta’s AI glasses, the “Meta Ray-Ban Display,” at an eyeglass store in Silicon Valley. After opening the smart glasses’ dedicated app, “Meta View,” on my smartphone and connecting the ...
And tech heavyweights reported earnings, with little net impact on the S&P 500 Index (SPX -- 6,840.20). Meta Platforms (META) and Microsoft (MSFT) experienced significant negative reactions, but those ...
The major stock indexes were mostly higher in premarket trading on Monday ahead of another busy week of quarterly earnings reports, as well as key private sector employment data.
A wave of trillion-dollar AI deals linking Nvidia, OpenAI, and hyperscalers has sparked debate over whether massive ...
Meta’s latest earnings reveal record growth — and a bold $70B bet on AI infrastructure. But as Wall Street reacts, investors question whether Meta’s massive AI push will pay off.
OpenAI and Amazon have signed a multi-year agreement worth $38 billion under which the ecommerce giant will provide the ...
Microsoft AI head Mustafa Suleyman asserts that only living beings can truly feel emotions, rejecting the idea of conscious artificial intelligence.
While market participants may not agree on whether the tech trade looks poised to go awry, it's a double-edged sword that today's stock market has become heavily concentrated in tech stocks. They are ...
The cost of keeping the lights on is becoming a painful financial burden for many Americans as electricity costs are rising ...
Massive capital expenditures on artificial intelligence raise questions about profitability and sustainability, echoing dot-com bubble concerns. A stark contrast emerged in tech earnings this ...
Jensen Huang's Nvidia stands to benefit from the growing capital-expenditure budgets discussed by Big Tech players last week. Amazon.com Inc. won over Wall Street last week with improved cloud trends ...