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Apple is set to report its fiscal Q4 earnings after the close on Wednesday...
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Microsoft revealed that its spending on AI infrastructure hit almost $35bn (£26.5bn) in the three months to the end of September, a sharp rise compared with the year before. Alphabet has also set out aggressive spending ambitions, but placated investors thanks to an impressive set of results that surpassed analysts' expectations...
Continue ReadingYouTube CEO Neal Mohan told employees about the program via an internal memo on Wednesday...
Continue ReadingMicrosoft reported a massive spike in its spending as the tech giant works to meet booming demand for artificial intelligence...
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Sales growth in Google Cloud, the unit that rents out servers over the internet, reached 34% in the quarter...
Continue ReadingGoogle parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth across its core search business and rapidly expanding cloud division that was buoyed by artificial intelligence.The cloud division, which competes with Amazon Web Services and Microsoft Azure, has become a key growth engine for Alphabet...
Continue ReadingLeaders of billion-dollar behemoths including Airbnb’s Brian Chesky and Apple’s Tim Cook say the top job is isolating, and entrepreneurs should lean on peers to feel connected...
Continue ReadingMarket Domination Overtime host Josh Lipton previews several of the biggest stories to come tomorrow, Thursday, October 30, including earnings results from Big Tech names Apple (AAPL) and Amazon (AMZN), commentary from the Federal Reserve's Michelle Bowman, and the latest mortgage rates reading. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime...
Continue ReadingThe tech giant says AI spending is set to reach up to $93 billion this year, which it can finance with profit from its advertising and cloud units...
Continue ReadingWall Street digested a wave of Big Tech earnings alongside the Federal Reserve’s latest interest rate move, while waiting for President Trump's long-awaited summit with Chinese leader Xi Jinping...
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