Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial ...

Nvidia, Microsoft, Amazon, Alphabet and Meta, considered the top players in the AI race, now make up a quarter of the S&P 500 index, according to LSEG data.

Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs.

Apple CEO Tim Cook said the company is "very open" to AI acquisitions, signaling a potential shift in strategy as it faces pressure to keep pace with AI investments by Google, Meta and Microsoft.