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S&P 500 and Nasdaq futures climbed to record levels on Thursday, after blockbuster earnings from Meta and Microsoft signaled ...
Maybe AI is still in its early days. But big tech has already plowed hundreds of billions of dollars into the technology. It chews up lots of energy. But despite some predictions of a bubble, Jassy on ...
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 ...
Applied Digital's stock soared as CoreWeave significantly expanded its computing lease amid booming demand from AI giants.
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 ...
Shares of Confluent lost one-third of their value in the wake of yesterday’s earnings report to close at under $18 per share—their lowest levels since late 2023. Investors are reacting to ...
Amazon CEO Andy Jassy said that there was still "more demand than we have supply for" at the moment for its massive cloud-computing segment. He said that in the next 10 to 15 years, more IT spending ...
These two well-known AI stocks are trading at bargain prices. Here's why they deserve a spot in your portfolio in August, ...
That's just one example of the many ongoing data center projects. Supermicro will be a supplier to some of them, and should ...
Microsoft broke a $4 trillion market cap milestone after fourth-quarter 2025 results that showed sustained growth in cloud, ...
Amazon posted higher fiscal second-quarter profit and sales, helped by its four-day sales event in July and underscoring its resilience despite tariff uncertainty.
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