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AMAZON SHARES SURGE
Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four y...- US stocks: US market ends higher as Amazon soothes AI jittersWall Street closed higher on Friday, driven by Amazon's strong quarterly report. The tech giant's results eased concerns about AI infrastru...
- Amazon shares surge 13% as cloud growth eases AI spending fearsAmazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the compan...
- US stocks: Nasdaq leads Wall Street gains as Amazon rally offsets Apple declineThe Nasdaq opened higher on Friday, boosted by Amazon's strong cloud revenue growth. This performance eased concerns about artificial intel...
- 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...
- Sensex rises 166 points, Nifty closes above 24,350; Bajaj twins, M&M among top gainersIndian stock markets concluded Friday with gains for a third straight session. Benchmark indices Sensex and Nifty 50 closed higher, reflect...
- Zepto IPO hurdle revives investor interest in Swiggy, Eternal; shares set for best month in yearsSwiggy and Eternal shares have rallied sharply in July as investors reassess the competitive landscape following Zepto's IPO valuation rese...
- Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, glo...
- Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
- South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
- Global Market Today: Asian stocks rise on Korean rally, yen holds gainsAsian stocks advanced as chip shares revived artificial intelligence trade confidence. South Korea's Kospi Index surged over fourteen perce...
- 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...
- US Stocks: US market edge lower ahead of Fed decision; chip stocks wobbleMajor stock indexes on Wall Street opened lower on Wednesday. Investors awaited the Federal Reserve's monetary policy decision amid Middle ...
- 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, ...
- Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
- 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...
- Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
- 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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