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Nvidia posts record $81.6 bn quarterly revenue on AI spending boomChip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand fo...- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
- Cloudflare shares plunge 18% after earnings report as AI-driven layoffs rattle investorsCloudflare's stock dropped 18% after reporting strong Q1 2026 earnings, as the company announced plans to cut over 1,100 jobs, about 20% of...
- Why is AMD stock soaring nearly 19% after blockbuster earnings, and are AMD shares signaling Wall Street’s biggest AI power shift yet as demand rewrites the chip playbook?AMD stock up nearly 19% today after blockbuster earnings beat. Something shifted in the semiconductor world on Wednesday, May 6, 2026. AMD ...
- Meta’s Threads surpasses 150 million daily active users, but monetisation remains a challengeMeta's Threads app now has 150 million daily users. Advertising is expanding globally on Threads and WhatsApp Status. However, Meta expects...
- Roblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signalsRoblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signals. Roblox shares ...
- Meta Platforms stock today crashes 10%, wiping out $170 billion market cap - why AI spending fears is overshadowing strong earningsMeta stock crash after earnings: Meta Platforms shares plummeted over 10%, erasing $170 billion in value despite better-than-expected Q1 ea...
- Google Cloud pulls ahead as Big Tech's AI bet swells to $700 billionAlphabet's cloud business is booming, outperforming rivals like Amazon and Microsoft. Tech giants are spending over $700 billion on AI this...
- US Stock Market | Meta ramps up AI spending amid regulatory heat and user concernsMeta Platforms has sharply increased its capital spending outlook, underscoring its aggressive push into artificial intelligence even as it...
- Microsoft expects strong cloud business growth, plans record capital spendingMicrosoft anticipates robust sales for its Azure cloud services. The tech giant is planning substantial capital expenditure for 2026. This ...
- Global Market Today: US stock futures gain on tech earnings; Asian shares fallUS equity futures rose, driven by tech giants and AI trade, while oil prices surged amid escalating Iran war uncertainty. The Federal Reser...
- Amazon stock price, earnings, profits and net sales rise after strong first-quarter cloud growthAmazon stock price, earnings, profits and net sales increased after the company reported higher first-quarter profit and revenue driven by ...
- Meta stock price, earnings and capital spending forecast: Meta revenue, layoffs, workforce changes, China deal setback, future outlook and investor concernsMeta stock price, earnings and capital spending forecast stayed in focus after Meta raised its capital spending outlook and reported strong...
- Google stock price, Alphabet earnings, revenue and profit rise after AI drives quarterly resultsGoogle stock price, Alphabet earnings, revenue and profit moved higher after the company reported strong quarterly results. The company pos...
- Big tech’s $16 trillion earnings week begins: Alphabet, Amazon, Meta, Microsoft report today and Apple tomorrow – here's what investors are watchingAlphabet, Amazon, Meta, Microsoft earnings today: Wall Street watches big tech earnings this week. Investors seek clues on AI spending and ...
- US stocks today: US markets slips ahead of Big Tech earnings, Fed rate decisionInvestors are adopting a cautious approach, keenly awaiting key earnings from major technology firms. The Federal Reserve's upcoming meetin...
- 80 seconds of big tech earnings will decide stock market’s fateInvestors await earnings reports from Alphabet, Meta, and Microsoft after trading ends Wednesday. These tech giants' results will guide mar...
- US stocks: AI fears drive US stock investors to rethink long-term growth bets, says GoldmanConcerns that artificial intelligence could erode long-term U.S. corporate growth have renewed scrutiny over how heavily stock valuations r...
- AI fears drive US stock investors to rethink long-term growth bets: Goldman SachsGoldman Sachs analysts highlight concerns about artificial intelligence impacting long-term U.S. corporate growth. Stock valuations now hea...
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