Amazon, Microsoft and Google added hundreds of billions of dollars to their market caps, while Apple and Meta saw their market valuations fall.
Aggressive AI spending plans by Amazon.com Inc., Microsoft Corp. and Alphabet Inc. provided fresh evidence that demand for ...
Angelo Zino, Senior Vice President and Technology Equity Research Analyst at CFRA, breaks down Big Tech earnings, AI spending ...
By Niket Nishant and Rae Wee July 31 (Reuters) - Global stocks rallied on Friday as robust results from Amazon and Microsoft ...
The size of their respective cloud businesses matters, but there are other important considerations.
Big Tech's latest earnings indicate robust demand for AI infrastructure, with Microsoft, Amazon, and Alphabet showing significant cloud growth.
Microsoft also helped lift the index for the week, leading the gainers on the Nasdaq 100. It added 21.25% for the period ...
Recent quarterly results from Microsoft and Amazon suggest AI investments are now producing significant returns. Both companies experienced strong cloud growth, with infrastructure limitations ...
Nasdaq rallies 2.5% on Microsoft’s AI proof, but Amazon and Apple earnings decide whether chip buyers can keep control.
MSFT's understated end-to-end stack, including cybersecurity and AI partnerships, positions it ahead of hyperscaler and SaaS ...
Amazon is bringing Luna to the Prime Video streaming service, while Microsoft will test an ad-supported streaming of titles ...
Microsoft and Amazon both beat cloud expectations this week, and Microsoft's headcount fell for the first time since 2016.