Amazon reported a surge in revenue at its key cloud business while Apple issued disappointing guidance.
By Niket Nishant and Rae Wee July 31 (Reuters) - Global stocks rallied on Friday as robust results from Amazon and Microsoft ...
Aggressive AI spending plans by Amazon.com Inc., Microsoft Corp. and Alphabet Inc. provided fresh evidence that demand for ...
Microsoft and Amazon both beat cloud expectations this week, and Microsoft's headcount fell for the first time since 2016.
Microsoft also helped lift the index for the week, leading the gainers on the Nasdaq 100. It added 21.25% for the period ...
Artificial intelligence has become one of the market’s defining investment themes, but the conversation often centers on chipmakers or AI start-ups chasing the next breakthrough.  This earnings season ...
Investors want to see that the cloud giants are justifying their massive capex. Google just did that.
Amazon has twice as much ground to make up as Microsoft to become the market's fourth $3 trillion company. Don't bet against ...
AWS is the profit engine and the AI compute demand is still outstripping supply. Revenue +37% and the fastest growth in 18 quarters, plus contract backlog up to $496B, confirm durable enterprise AI ...
Alphabet's free cash flow has turned negative, and the company lifted its capital spending forecast. Slower-growing cloud rivals report this week.
Amazon is bringing Luna to the Prime Video streaming service, while Microsoft will test an ad-supported streaming of titles ...
Nasdaq rallies 2.5% on Microsoft’s AI proof, but Amazon and Apple earnings decide whether chip buyers can keep control.