Big Tech stocks sold off this week as companies disclosed they are burning through cash to fuel their AI expansion at a time when interest ...

The wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...

Shares of Amazon.com were down 6.3% in premarket trading after the company reported a sharp cash outflow in the third quarter and signaled ...

Asian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young ...

As Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...

Canva reached a $39 billion valuation when Airtree reduced part of its holding in 2021. In September that year, Canva announced a separate ...

Microsoft's total revenues hit $92.3 billion against expectations of $90.6 billion, with profits of more than $36.6 billion versus the $35....

Samsung Electronics reported record quarterly operating profit of 107.4 trillion won, driven by surging AI memory chip demand. Despite stro...

Massive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investo...

The escalating tensions between the US and Iran have hindered the progress of AI infrastructure development throughout the Gulf. While Gulf...

Meta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...

Rising US Treasury yields are deepening unrealised losses in American banks’ bond portfolios, forcing lenders to weigh immediate losses fro...

Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hyni...

South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...

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...

SK Hynix said it would announce shareholder-return measures alongside its quarterly results amid reports that it was considering a special ...

South Korean shares fell as AI-related concerns weighed on sentiment ahead of major US technology earnings. The won strengthened against th...