Here's the $280 billion reason that AI-chip stocks will be just fine
Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...
Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" ...
Amazon's outlook underwhelms as tech giant forecasts 'lumpy' cloud growth in years ahead
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Apple Kills AR Glasses, Hello Alexa AI, Reality Labs’ Reality, More Cinematic AI
Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
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Live Blog: Will Amazon (AMZN) Soar After Earnings Tonight?
Live Updates Make sure to refresh this page periodically for updates. Amazon Addresses DeepSeek 2:36 pm A Wall Street analyst ...
Workday Announces 1,750 Layoffs As It Focuses on AI
HR software giant Workday is following in the footsteps of Microsoft, Google, and Meta with a massive round of layoffs.
Broadcom Stock (AVGO) Surges on Alphabet’s $75B AI Spending Plans
Broadcom (AVGO) stock surged 4.3% on Wednesday and gained another 1.5% in today’s pre-market trading session. This surge was ...
The list of major companies laying off staff in the new year, including Salesforce, Meta, Microsoft, and BP
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are ...
Despite uneven earnings, AI is still Big Tech's star
Big Tech’s earnings season is nearly over, with just Amazon and Nvidia left to announce their quarterly performance. And ...
Alphabet, Meta, Microsoft set to spend $230 billion this year as hefty AI bills come under scrutiny
Meta, Microsoft, and Google parent Alphabet are expecting a cumulative $228 billion in capital expenditures in 2025, driven ...
Why Meta Is Getting All the AI Love—and Alphabet Isn’t
Chinese chatbot DeepSeek roiled markets on the mere suggestion that AI is doable on the cheap, yet big spender Meta Platforms ...
Google opens its most powerful AI models to everyone, the next stage in its virtual agent push
Google on Wednesday released Gemini 2.0 — its "most capable" artificial intelligence model suite yet — to everyone. In ...