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Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after ...
Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...
Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged ...
Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come ...
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
The S&P 500 dropped 0.37% and closed at 6,339.39 for its third straight losing day, while the Nasdaq Composite inched down ...
Meanwhile, Microsoft’s CEO Satya Nadella isn’t resting on the company's laurels, either. In its cloud business, Azure, ...
Brent Thill, Jefferies, and Ray Wang, Constellation, join 'Closing Bell Overtime' with reaction to Meta and Microsoft ...
The billions of dollars Big Tech has poured into artificial intelligence (AI) development seems to be paying off as companies show they can produce results, earning Wall Street’s stamp of approval ...
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