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Microsoft sets record with near $450 billion single-day gain in market valueThe software giant's shares closed up more than 15%, lifting its market capitalization to $3.35 trillion, surpassing chip giant Nvidia's ...- Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
- Microsoft beats Wall Street expectations with $90 billion in revenueMicrosoft reported robust quarterly earnings, exceeding analyst expectations significantly. The company's cloud computing platform, Azure, ...
- Explained: Why Microsoft shares rallied 9% in extended trading after Q4 earnings despite AI worriesMicrosoft shares surged nearly 9% in extended trading after the software giant reported stronger-than-expected Q4 earnings and Azure cloud ...
- Earning Rs 20 lakh to Rs 30 lakh in Bengaluru or Gurgaon? CA warns why your savings still look smallCA Nitin Kaushik warns that earning Rs 20 lakh to Rs 30 lakh in Bengaluru or Gurgaon does not guarantee strong savings. He says lifestyle i...
- Microsoft set for $190 billion market value swing after earnings results, options indicateThe tech company's options imply a move of about 6.6% in either direction after the company reports fourth-quarter results. By comparison, ...
- Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
- SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
- Fitch warns AI market correction emerging as major global credit riskRatings agency Fitch warns of significant AI-related market correction risks. Unprecedented AI spending and soaring tech valuations raise c...
- US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: JefferiesThe United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI ...
- Global Market Today: Asian stocks fall on AI jitters, oil extends dropAsian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent s...
- US core capital goods orders climb 0.9% in June, beats expectationsU.S. manufacturing showed resilience in June with increased equipment investment. New orders for capital goods excluding aircraft rose sign...
- US Stock Market: Rising oil prices and bond yields threaten Wall Street rally as Middle East tensions unsettle investorsRising oil prices and elevated bond yields, driven by Middle East tensions, are raising concerns over the sustainability of the U.S. stock ...
- US stocks today: Nasdaq lags on angst over AI spending ahead of earnings reportsU.S. markets closed mixed as the Nasdaq declined on chip stock weakness driven by concerns over heavy AI spending, while the Dow rose and t...
- US stocks today: S&P 500, Nasdaq fall as investors juggle earnings, Mideast risks and tariffsMajor stock indices experienced declines as concerns over artificial intelligence spending intensified. New tariffs and escalating Middle E...
- AI investment boom faces growing credit risks as hyperscalers ramp up debt: JefferiesInvestors are now scrutinising massive artificial intelligence infrastructure spending by major tech companies. Hyperscalers are increasing...
- Meesho expects slower Q2 growth, to raise festive marketing spendMeesho anticipates slower net merchandise value growth this quarter. The company plans increased spending to acquire new users before the f...
- Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
- US Stock Market: Big tech's AI spending boom raises cash flow concerns despite early returnsAmerica's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putti...
- Analysis-AI investment boom puts Big Tech's free cash flow under pressureBig tech firms are investing heavily in artificial intelligence infrastructure. Their capital expenditures may soon exceed free cash flow g...
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