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CLOUD COMPUTING STOCKS
Nebius shares soar 22% as AI demand powers revenue beatNebius shares jumped nearly 22% after the AI cloud provider beat revenue estimates, driven by surging infrastructure demand, larger contrac...- US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildoutCoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave ha...
- US stocks: Nasdaq leads Wall Street higher as AI stocks rally, inflation supports Fed pauseUS stock markets rallied on Wednesday, with the Nasdaq taking the lead in gains. Encouraging earnings reports from AI infrastructure compan...
- SpaceX namesake creates confusion on Dalal Street! Indian IT stock skyrockets 23% in 2 daysBlue Cloud Softech Solutions shares surged 23% in two days after its US subsidiary announced a $150 million deal with Malaysia-based SpaceX...
- Oracle plans fresh layoffs as AI spending piles up billions in debt: ReportOracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...
- SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
- Faster AIF schemes to corporate bonds tokenisation: What Sebi annual report tells about its next movesSebi will introduce fast-track Alternative Investment Fund launches, a single-window clearance system and the Sebi Setu portal to ease comp...
- SpaceX draws retail investors despite fall in shares post earningsRetail investors bought SpaceX shares on Wednesday after a significant price drop. Individual traders purchased over twenty-two million dol...
- SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mountSpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data cent...
- AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
- Anthropic inks $10 billion computing deal with new cloud startup Volta InfraAnthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
- Amazon hits $3 trillion market valueAmazon's market value surpassed three trillion dollars for the first time. This milestone places Amazon among only five companies ever to a...
- Amazon joins $3 trillion club as AI, cloud growth fuel stock rallyAmazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Sh...
- Microsoft sets record with near $450 billion single-day gain in market valueThe software giant's shares closed up more than 15%, lifting its market capitalization to $3.35 trillion, surpassing chip giant Nvidia's ...
- Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
- South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
- US stocks: Microsoft adds $485 billion to investors' wealth as shares rise 15%. Check whyMicrosoft shares experienced a significant surge on Thursday. The company anticipates continued cash generation through its new fiscal year...
- Meta's AI splurge lays bare its compute conundrumThe Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free c...
- Microsoft shares surge 16% as AI cloud bet starts showing up in numbersMicrosoft shares surged 16% after stronger-than-expected guidance, robust Azure cloud growth and rising Microsoft 365 Copilot adoption ease...
- Microsoft beats Wall Street expectations with $90 billion in revenueMicrosoft reported robust quarterly earnings, exceeding analyst expectations significantly. The company's cloud computing platform, Azure, ...
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