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Nasdaq futures sink as Amazon, Intel intensify AI spending fearsShares of Amazon.com were down 6.3% in premarket trading after the company reported a sharp cash outflow in the third quarter and signaled ...- Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concernsU.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, b...
- Asia chip firms see strong AI demand; market jitters continueAsian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young ...
- Can AWS growth help Amazon shares rebound from the post-earnings selloff?Amazon shares fell more than 9% after its third-quarter revenue and earnings missed expectations, while heavy AI investment pushed free cas...
- Explained: Why AI giants Google, Amazon, Intel shares crashed up to 23% in a single dayShares of Alphabet, Amazon and Intel plunged on Thursday as investors fretted over rising AI spending, weakening cash flows and a subdued o...
- Amazon projects fourth quarter sales below estimatesIt expects revenue of between $240.0 billion and $247.0 billion in the fourth quarter, compared with analysts' average estimate of $244.51 ...
- Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
- 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...
- 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 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...
- 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...
- Amazon lays down AI usage guidelines for software engineers; here’s what it wantsAmazon recently issued internal guidelines regarding the use of artificial intelligence by its software engineers. The guidelines emphasize...
- Amazon asks engineers to reconnect with customers as AI reshapes software developmentA company-wide memo also suggested managers to look closely at teams using the least and the most AI; understand what holds back adoption a...
- 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...
- Reel deal: The next big thing in online shopping is playing on your screenE-commerce platforms in India are leveraging video content to enhance product discovery and customer engagement. Creator-led videos provide...
- 3M expands Amazon data center partnership, shares gain3M said it has issued a warrant to a wholly owned Amazon subsidiary, giving it the right to purchase up to 3.16 million 3M shares over the ...
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