That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...
Microsoft beat Wall Street’s earnings and revenue forecasts but its intelligent-cloud business fell short of estimates. The ...
Apple is playing catch-up with its biggest tech peers in AI. A staggered rollout of Apple Intelligence also has meant that ...
Earnings and guidance still matter most when it comes down to real decisions about buying, holding and selling stocks. An old-school big tech stock was among the day's biggest upside movers, while a ...