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 ...

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 ...

Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented ...

The tech giant saw its heavy AI spending pay off Thursday as strong quarterly earnings results helped propel its valuation past the $4 trillion mark.

Applied Digital's stock soared as CoreWeave significantly expanded its computing lease amid booming demand from AI giants.

Futures tied to the S&P 500 and Nasdaq surged to record highs on Thursday after strong earnings from tech giants Meta and ...

Shares of Microsoft finished up 4% at $533.50, an all-time closing high, according to Dow Jones Market Data. Microsoft closed with a market cap of $3.966 trillion, just short of joining Nvidia and ...

Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial ...