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AMAZON QUARTERLY REPORT
Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across marketsAs Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...
US Markets Today: US stocks end lower as Alphabet revenue miss revives AI capex jittersWall Street ended the day on a sour note, as Alphabet's revenue shortfall cast a shadow over the AI investment landscape and overall market...
Big Tech earnings: Microsoft, Google see cloud revenues surgeMicrosoft's total revenues hit $92.3 billion against expectations of $90.6 billion, with profits of more than $36.6 billion versus the $35....
Alphabet's heavy cloud spending drives bigger-than-expected cash burnThe 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 to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
Amazon announces second round of layoffs this month, cuts 250 jobs in devices unitAmazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cu...
Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEOMeesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
Big Tech turning to equity to raise funds for AIMeta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...
US stocks today: US stocks end higher as AI rally lifts Nasdaq ahead of Fed decisionUS stocks saw gains as renewed optimism about artificial intelligence lifted chipmakers while corporate earnings were evaluated. Although c...
Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?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...
Big Tech earnings a test of the AI boom amid market turmoilInvestors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...
Why is Verizon stock down today? Verizon Communications Inc share price falls at US Stock MarketVerizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 75...
Anthropic’s historic IPO filing: Will Anthropic (ANT) stock crash after IPO? Claude maker reportedly targets potential $2 trillion valuationAnthropic’s IPO could put its stock to the test. The company behind Claude reportedly targets a potential $2 trillion valuation, but its he...
Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWSVerizon is feeling positive about the growth of its wireless subscribers, raising its expectations for postpaid phone additions. The compan...
Amazon cloud capacity sold out through 2027, CEO Jassy saysAmazon CEO Andy Jassy said on Friday that Amazon Web Services' cloud computing capacity is largely sold out through 2027, with significant ...