The hedge ⁠fund cut ⁠its Alphabet holdings by 45.4% to 5.81 million shares as of June 30 from the end of March, and its Nvidia stake by 6.8...

In the second quarter, institutional investors made slight reductions in their holdings of prominent tech firms, mainly due to already subs...

Big Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...

Major Wall Street indexes opened higher on Thursday morning. Crude oil prices experienced a decline, boosting investor confidence. This dev...

The benchmark Kospi gained as much as 4.8% on Thursday, extending its gain from a July 30 low to around 22%. Heavyweight memory chipmakers ...

Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, ⁠Brookfield, Goldman Sachs and KKR for the financing platfor...

Oracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...

AI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.

The ChatGPT maker bought back shares from current and former employees rather than tapping outside investors for the tender offer. The deal...

The corporate affairs ministry plans to implement an evidence-based methodology for the upcoming Digital Competition Bill. A thorough marke...

Amazon’s massive Texas AI data center is drawing environmental scrutiny after plans for a 7.65GW natural gas power plant revealed it could ...

In a strategic move, Alphabet is aiming to raise $20 billion to $25 billion through a US bond offering, occurring shortly after a significa...

Alphabet is seeking up to twenty-five billion dollars from its latest U.S. bond offering. This move comes after the tech giant's capital sp...

The International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...

The commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...

Wood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the...

Amazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four y...