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Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...- China emerging as long-term AI winner despite semiconductor market volatility: JefferiesChina leads the artificial intelligence race, particularly in consumer markets. Global semiconductor stocks face volatility, nearing 200-da...
- US stocks: Amazon beats estimates for quarterly cloud revenue growthAmazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...
- US stocks: US market ends sharply higher, lifted by soaring MicrosoftWall Street surged on Thursday, led by chip stocks and Microsoft's strong forecast. Microsoft's forecast eased investor concerns about mass...
- 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 ...
- 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...
- US stocks: S&P 500 ends higher as investors await tech earningsThe S&P 500 index closed higher on Tuesday, boosted by gains in Boeing and Coca-Cola. Chip stocks experienced a significant decline as inve...
- Nasdaq 100 heads for correction as AI worries rattle investorsThe benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.
- Boeing posts larger-than-expected Q2 loss as Air Force One costs riseBoeing reported a significant quarterly loss, largely due to its Air Force One replacement program. The company still generated positive fr...
- IITian earning Rs 1 crore had to borrow Rs 15,000 to pay income tax. His CA shares a financial lessonCA Pratibha Goyal shared on X that one of her IITian clients, who has earned over Rs 1 crore annually for five years and owns three houses,...
- Google rivals line up seeking damages after record $1 billion fineGoogle faces new costly lawsuits in Europe after losing a key case. Smaller rivals are now demanding up to ten billion dollars in damages. ...
- Elon Musk loses $19 billion after Tesla shares plunge 14%. What’s spooking investors?Tesla shares experienced a significant drop of over 14% on Thursday. This decline followed the company's quarterly earnings report which fa...
- US stocks today: Nasdaq plunges 2% as tech earnings spark AI spending worriesWall Street closed sharply lower with Nasdaq down over 2% as weak Big Tech earnings and rising AI spending concerns hit sentiment. Surging ...
- Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investorsAlphabet announced strong second-quarter earnings, but its shares declined significantly. The company plans to substantially increase its c...
- Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
- 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 ...
- Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
- 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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