Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its ...
Wall Street's optimism around Alphabet is rooted mainly in one reason. Unlike previously predicted, artificial intelligence ...
Alphabet said profit included “net gains on equity securities of $10.7 billion,” in part from a private company. Meanwhile, Amazon’s third-quarter profit climbed 38%, helped by a $9.5 billion pretax ...
CNBC’s MacKenzie Sigalos breaks down why investors are punishing Meta’s soft guide and lack of a cloud business, while ...
The spike in employee compensation costs was primarily driven by “technical” hires, particularly AI talent, CFO Susan Li said ...
Zuckerberg's hefty investment in AI raises eyebrows among investors as Meta plans to spend up to $72 billion this year, sparking concerns over profitability, stock declines, and the potential AI ...
Shares of NuScale Power (NYSE: SMR) rose this week, up 15.5% as of 3:02 p.m. ET on Friday. The move comes as the S&P 500 ...
The Wall Street Journal is reporting that the biggest firms in Silicon Valley have invested $400 billion into artificial ...
Elon Musk, Jeff Bezos, and Mark Zuckerberg are three of the six members of the world's most exclusive club: people with a ...
Meta Platforms warned of significantly higher capital expenditures in 2026 due to aggressive AI investments and data center ...
Companies including Microsoft, Meta, Alphabet and Amazon race to invest in and build infrastructure for what they have been ...
The Fed's latest rate cut highlights internal division and ongoing tension between inflation concerns and signs of economic ...