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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.
Alphabet’s Google, Microsoft, Amazon and Meta Platforms are set to spend nearly $400 billion this year on capital expenditures, largely to build their artificial-intelligence infrastructure. That is ...
Apple shares (AAPL) rose about 2.4% in Thursday's extended session, but that comes in the face of sluggish performance this year. The quarterly results, meanwhile, were better than expected, with ...
CNBC’s MacKenzie Sigalos reports on Amazon’s move to raise its quarterly capital spending to $31.4 billion, setting an annualized pace above $118 billion and escalating the hyperscaler race against ...
AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...
These two well-known AI stocks are trading at bargain prices. Here's why they deserve a spot in your portfolio in August, ...
Google DeepMind, Alphabet Inc.’s artificial intelligence research arm, announced the release of AlphaEarth Foundations on ...
Google launched AI overviews a year ago, and it's been a big success, fending off the GenAI competitors threatening its top ...
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
Analysts surveyed by FactSet expect the company to post adjusted earnings of $1.43 a share on revenue of $89.36 billion.
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