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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...
Global Market: China stocks extend losing streak to 12 weeks as global AI selloff hits tech sharesChina's CSI300 index fell to a one-year low, extending its losing streak to 12 weeks as a global AI stock selloff weighed on technology sha...
Global Market: Japan's Nikkei falls 3% as AI spending concerns hit chip stocks; BOJ holds ratesJapanese shares fell sharply as concerns over the profitability of AI investments sparked a global technology sell-off. The Nikkei 225 drop...
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...
US Stock Market today: Why are S&P 500, Dow Jones, Nasdaq down? Check top and worst performing stocks at Wall StreetWall Street today saw one of the shocking losses as Google-parent Alphabet sufferedthe worst day since the company began trading at the US ...
Global Market: China stocks fall as tech selloff deepens despite Fed rate pauseChinese stocks declined as a sharp selloff in technology and AI-related shares outweighed the US Federal Reserve’s decision to keep interes...
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...
US stocks today: S&P 500, Nasdaq advance as oil eases ahead of Fed decisionUS stocks are experiencing an uptick with the S&P 500 and Nasdaq gaining due to easing oil prices. The Federal Reserve is expected to maint...
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 ...
AI stocks rise as Anthropic nears Wall Street debut amid investor cautionA successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...
US stocks today: US stocks rise as Anthropic IPO puts AI spending under scrutinyWall Street's main indexes experienced gains as technology stocks led the rise amid AI investment discussions. Investors are preparing for ...
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...
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 ...