Major stock indexes declined Thursday as investors digested several big tech earnings reports and awaited more after the ...
Revenue for AWS, Amazon’s closely watched cloud unit, was $33 billion versus a $32.5 billion analyst estimate.
Some Wall Street analysts are comparing Meta's AI-centric spending spree to its ill-fated foray into the metaverse, which ...
Goldman Sachs is also bullish on the growth of this market. The Wall Street firm's "base-case" estimate is for 1.4 million shipments of humanoids by 2035. Its "bull-case" projects unit shipments to ...
The earnings of Big Tech have again brought investors’ attention to the massive spending on artificial intelligence (AI) ...
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Amazon's stock (AMZN) has been bottled up this year, held back by ho-hum cloud growth that raised investor concerns about the competitiveness of AWS, the company's profit engine. But AWS reignited in ...
Microsoft, Google, and Meta are pouring billions into AI data centers and cloud systems. Analysts warn of a growing AI bubble ...
Apple Chief Executive Tim Cook on Thursday gave forecasts for holiday quarter iPhone sales and overall revenue that surpass Wall Street expectations, powered by orders for iPhone 17 models that the ...
The AI bubble is deflating on schedule - but the infrastructure buildout and automation revolution remain genuine opportunities for investors who can distinguish between speculative AI startups ...
Alphabet Inc. sales topped quarterly Wall Street estimates, fueled by a surge in demand for its cloud and artificial ...
Apple's revenue and EPS exceeded estimates, but iPhone revenue and China sales missed expectations. Tim Cook talked AI and ...