Searched for
ARTIFICIAL INTELLIGENCE SPENDING
Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concernsU.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, b...
Global Market: Wall Street's top asset managers bet big on AI infrastructure boomWall Street’s leading alternative asset managers are ramping up investments in AI infrastructure, betting on long-term leases and creditwor...
Global Market: South Korean stocks tumble over 5% as AI spending concerns hit chipmakersSouth Korean shares plunged as a selloff in semiconductor stocks intensified amid concerns over the sustainability of global AI investments...
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...
Microsoft, Oracle outshine Alphabet as investors demand AI returnsWall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...
Central Asia's biggest state makes renewed push for infrastructure & AI projectsKazakhstan President Kassym-Jomart Tokayev outlined plans to strengthen energy security, expand infrastructure, develop artificial intellig...
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...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
MSFT stock price today rises after Microsoft earnings beat Wall Street expectations, but is capex still a concern?Microsoft stock rose over 2% in after-hours trading after the company beat quarterly revenue and earnings expectations. Azure revenue grew ...
US Federal Reserve holds interest rates steady as stubborn inflation puts future rate hikes in focusThe US Federal Reserve has decided to keep its benchmark interest rate unchanged to evaluate inflation trends. Policymakers are assessing h...
'Involuntary entrepreneur era': Tech veteran's warning to IT workers as Microsoft offers buyouts to 60,000 employeesMicrosoft’s voluntary buyout offers to around 60,000 employees have raised concerns about job security across the technology sector. Tech v...
Global Market: China, Hong Kong stocks slip as technology shares extend lossesChina and Hong Kong stocks edged lower as weakness in technology and AI-related shares outweighed faster industrial-profit growth and fresh...
Global Market: Japan’s Nikkei rises nearly 2% on AI optimism, Anthropic IPO filingJapan’s Nikkei surged nearly 2%, snapping a three-session losing streak, as Anthropic’s US IPO plans and gains in American semiconductor st...
Global Market: Anthropic presses ahead with November IPO as AI listings face delaysAnthropic is preparing for a potential mid-November IPO despite market volatility, rising interest rates and concerns over AI spending. Wit...
Japan’s Nikkei falls over 1% as Wall Street tech selloff rattles marketsJapan’s Nikkei 225 falls as a Wall Street tech sell-off weighs on semiconductor and AI-linked stocks. Concerns over valuations and spending...
Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBSMajor technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indi...