E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock price fall on concerns over high AI investment costs. The mounting expenses ...
Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...
Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" ...
The future for Chinese tech companies will hinge on their ability to turn uncertainty into innovation – and opportunity.
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Big Tech veteran becomes Atlassian’s new CISO, Congress may give DeepSeek the TikTok treatment, Google grows too slowly for ...
Lawmakers are said to be working on a bill to block the Chinese chatbot app from government devices, underscoring concerns ...
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Thursday as the stock market awaits more news on Trump tariffs and digests Big Tech earnings.
The startup caused some panic for tech stocks. But it is actually poised to expand use of artificial intelligence in the U.S.
Chinese investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup ...
AI search upstart, Perplexity, is throwing serious cash at a Super Bowl contest in the hopes of wooing new users.
Big Tech’s earnings season is nearly over, with just Amazon and Nvidia left to announce their quarterly performance. And ...