Big Tech earnings showed Microsoft, Meta, and others sticking to their AI spending plans despite DeepSeek's R1 launch.
Microsoft has implemented initiatives on six continents to accelerate AI adoption, skilling and innovation. In FY 2025, Microsoft is on track to invest approximately $80 billion to build out ...
U.S. stocks rise as Meta leads gains, while investors digest mixed earnings reports and economic data. (AP/Seth Wenig) Meta ...
Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far.
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
Microsoft shares slumped on Thursday after the company's earnings left investors disappointed overnight. Meanwhile, Meta and Tesla traded higher, having shaken off the initial weakness that greeted ...
U.S. stocks climbed on Thursday, driven by strong earnings reports. Tesla's promise to deliver affordable models enhanced ...
A broad stock market rally picked up the pace with an hour to go in Thursday’s session. The Dow was up 271 points, or 0.6%. The S&P 500 was up 0.7%. The Nasdaq Composite was up 0.5%. Though a majority ...
Tesla's earnings report and call Wednesday shed light on the electric vehicle maker's plans for new versions of its self-driving software and its humanoid robot, Optimus.
Wall Street is coming off a losing session after the Federal Reserve paused its interest rate-cutting campaign, leaving its ...
Results for the US tech giants were mixed, as Tesla and Microsoft fell short of market expectations in the growth of their ...
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak ...