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Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
A notable nugget for data platform watchers is with Azure Databricks and Snowflake on Azure both accelerating, Microsoft is ...
The Roundhill Magnificent Seven exchange-traded fund, which tracks the stocks of seven U.S. mega-cap tech companies, hit an all-time high in the wake of the reports.
Apple shook off a thicket of tariffs and a botched entry into artificial intelligence to accelerate its revenue growth during ...
AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...
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Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the ...
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 ...
Wall Street has been tempering their expectations for rate cuts at the Fed’s next meeting in September. Traders now see a ...
The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...
Microsoft has posted strong financial results for the fourth quarter and fiscal year ending June 30, attributed primarily to continued demand for cloud services and AI programs. The company generated ...
Apple's growth relies on buybacks, not innovation. Explore challenges like low CapEx and AI gaps driving overvaluation.
The tech giant saw its heavy AI spending pay off Thursday as strong quarterly earnings results helped push its valuation past the $4 trillion mark.
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