Amazon.com, Google, Meta Platforms and Microsoft, the world’s leading hyperscalers, are embarking on an unprecedented year of ...
Leading AI chip stocks got a lift this week from hyperscale cloud computing companies reiterating their hefty data center ...
Amazon share price drops after key division misses earnings as investors get ‘jitters’ over AI spending - After-hours trading ...
Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader ...
GOOGL had already surprised markets with the scale of its investment in AI. CEO Sundar Pichai said spending on data centers and servers would rise to $75 billion this year from $53 billion in 2024, a ...
Alphabet generated $8.04 in earnings per share (EPS) during 2024, which places its stock at a price-to-earnings (P/E) ratio ...
Shares of the artificial intelligence (AI) chip leader have been crushed this year, but recent developments suggest the best ...
The Google parent company’s revenue growth probably slowed in the Christmas quarter due to a slowdown in its advertising and ...
Alphabet CEO Sundar Pichai said the company is planning another big year of spending as it continues to build out its artificial intelligence offering. TakeAway Points: Sundar Pichai, the CEO of ...
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 said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...