(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying ...
Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial ...
After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic ...
Futures tied to major indexes are little-changed Friday morning as investors await the release of employment data that will provide clues on the health of the economy and the outlook for interest ...
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Investor's Business Daily on MSNAI Chip Stocks Rise On Latest Data Center Spending PlansLeading AI chip stocks got a lift this week from hyperscale cloud computing companies reiterating their hefty data center ...
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 ...
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