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BIG TECH AI SPENDING
US stocks today: Nasdaq plunges over 1.5% as Big Tech earnings rekindle AI spending worriesWall Street opened sharply lower as investor sentiment weakened on renewed concerns over heavy AI spending following Big Tech earnings. Ris...- Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
- Warren accuses AI firms of trying to curb oversight in trade accordSenator Elizabeth Warren criticizes major AI firms for lobbying against transparency rules. These companies want to hide AI algorithms and ...
- Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
- Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investorsAlphabet announced strong second-quarter earnings, but its shares declined significantly. The company plans to substantially increase its c...
- Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
- Kospi jumps 9% in 3 days after big crash. Is South Korea's stock market heading for another rally?South Korea's Kospi surged 4% on Thursday, extending gains for a third straight session, as stronger-than-expected economic growth and robu...
- 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...
- AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD plans to invest up to $5 billion in Anthropic, alongside a major AI chip supply deal starting 2027. The move strengthens AMD’s position...
- 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...
- Alphabet's Gemini delay, spending worries loom over earningsThe Google parent - set to report second-quarter results on Wednesday - has delayed from June the launch of its next flagship model, Gemini...
- Apple unseats Nvidia to become world's most valuable company as AI bets shiftIn a remarkable turn of events, Apple has dethroned Nvidia to reclaim its status as the world's most valuable company. This change undersco...
- Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
- Wall Street's chip index enters bear market! Is the AI bubble finally going bust?Wall Street's semiconductor index slipped into bear market territory after tumbling more than 20% from its June peak, raising fresh questio...
- Apple unseats Nvidia to become world's most valuable company as AI bets shiftApple was last valued at $4.88 trillion as its shares held steady, while Nvidia was roughly at $4.86 trillion, following a 3.5% decline. Th...
- Among AI crowd, some investors position for slower hyperscaler spending growthFor most of the past two years, the opposite trade prevailed: investors piled into semiconductor and infrastructure companies on the assump...
- IBM warns AI boom is squeezing software budgets, triggers sector routSoftware investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to t...
- AI data centre boom doubles Big Tech debt to $350 billion in five yearsMajor AI data center builders have doubled their debt in five years. This borrowing finances an unprecedented spending spree for economic t...
- Amazon aims to raise $25 billion from bond sale, Bloomberg News reportsAmazon is set to secure a minimum of twenty-five billion dollars through a U.S. bond initiative. This strategic decision is aimed at bolste...
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