The wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...

Shares of Amazon.com were down 6.3% in premarket trading after the company reported a sharp cash outflow in the third quarter and signaled ...

U.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, b...

Shares of Alphabet, Amazon and Intel plunged on Thursday as investors fretted over rising AI spending, weakening cash flows and a subdued o...

Amazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...

As Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...

The company reported negative free cash flow of $9.07 billion, compared with analysts' estimate of a cash burn of $36 million, according to...

Amazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...

Amazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cu...

Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...

Investors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...

Anthropic’s planned IPO is set to test public-market appetite for artificial intelligence companies. Backed by Amazon, Google, leading vent...

Anthropic, established by ex OpenAI researchers, is gearing up for an anticipated entry into the stock market in the United States. The org...

A successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...

Anthropic is preparing for its initial public offering, supported by significant investments from Amazon and Google. The company's valuatio...

Anthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a to...

Amazon CEO Andy Jassy said on Friday that Amazon Web Services' cloud computing capacity is largely sold out through 2027, with significant ...