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Swiggy trims losses in Q1; IT's comeback rallySwiggy delivered improved Q1 earnings with a narrower loss and higher revenue. This and more in today's ETtech Top 5.- Meta's AI splurge lays bare its compute conundrumThe Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free c...
- US stocks: US market advances as Microsoft results ease AI spending fearsUS stocks opened higher on Thursday morning. Microsoft's strong forecast eased investor concerns about AI spending. Major indices like the ...
- Microsoft to build AI system that makes models substitutableMicrosoft CEO Satya Nadella announced record fiscal-year performance and future AI focus. The company is building a new AI model system for...
- Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
- 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 ...
- Microsoft's AI bet pays off as Azure, Cloud growth beat expectationsMicrosoft beat quarterly estimates as strong Azure cloud growth and rising AI adoption boosted revenue, earnings and guidance, while growin...
- US stocks: US market closes down sharply after Fed holds rates unchangedWall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ah...
- 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: Japan's Nikkei swings between gains and losses as AI stock selloff persistsJapan's Nikkei index saw mixed trading as investors awaited major US tech earnings. AI and chip-related stocks continued to face pressure, ...
- US stocks: US market ends mixed as investors focus on tech earningsWall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace ta...
- Global Market: European shares rise as oil slumps on US-Iran de-escalation; tech earnings in focusEuropean stock markets gained as tensions eased between the United States and Iran. A sharp decline in oil prices supported sectors sensiti...
- Big Tech Earnings Take Center Stage: 10 Stocks to Watch This WeekWall Street enters its busiest earnings week as Microsoft, Meta, Apple, Amazon, Exxon, Chevron and others report results, with investors wa...
- US Stock Market: Equity funds see second week of outflows as big tech earnings, oil rally dampen sentimentU.S. equity funds saw a second week of outflows as caution ahead of big tech earnings and rising oil prices weighed on sentiment. Growth fu...
- US Stock Market: Wall Street eyes Fed decision, AI earnings as traders navigate rising uncertaintyInvestors await the Federal Reserve's policy decision and major tech earnings this week. Alphabet and Tesla results have already caused mar...
- Wall Street Week Ahead: US stocks face tests from Fed decision, tech-led earnings delugeInvestors await the Federal Reserve's interest rate decision and corporate earnings reports. Technology giants and artificial intelligence ...
- Chris Wood warns of massive capital destruction in US as China challenges AI boomJefferies strategist Chris Wood warns that the AI infrastructure boom could trigger massive capital destruction as cheaper Chinese open-sou...
- 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...
- 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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