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Amazon trims AWS roles, yet Wall Street sees upside with strong cloud growth and AI tailwinds still firmly intact...
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Oracle (ORCL) stock is under pressure despite announcing its partnership with OpenAI (OPAI.PVT) to expand the pair's data center infrastructure. Needham lifted its Amazon (AMZN) price target to $265 from $220, saying labor productivity signals an upside for the stock. NXP Semiconductor (NXPI) beat on its second quarter earnings results. To watch more expert insights and analysis on the latest market action, check out more Market Domination here...
Continue ReadingTrump tells businesses what products to make, where to make them, and who to hire. Is this capitalism?...
Continue ReadingChatbots are becoming the go-to source for online answers for many consumers, chipping away at the dominance of traditional web search and adding another avenue of outreach that brands must cultivate...
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(Bloomberg) -- Three months ago, Microsoft Corp. issued a progress report on what it described as the largest cybersecurity engineering project in history.Most Read from BloombergTrump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in USWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionSalt Lake City Turns Winter Olympic Bid Into Statewide Bond BoomMilan Corruption Probe Casts Shadow Over Property BoomHow San Jose’s Mayor Is Working to Build an AI Capital...
Continue ReadingTech stocks were lower late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) fal...
Continue ReadingMicrosoft accuses Chinese state-sponsored groups of exploiting flaws in its SharePoint document management software in a hacking campaign. Bloomberg's Jake Bleiberg joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech"...
Continue ReadingGoogle parent Alphabet and EV maker Tesla are due to release their quarterly results Wednesday, while chipmaker Intel is set to report Thursday, as the tech earnings reporting season kicks into high gear...
Continue ReadingThe stock market’s most powerful bullish theme faces a series of litmus tests over the next two weeks that could define broader performance over the second half of the year, starting with Google parent Alphabet second-quarter earnings update on Wednesday. The stocks, which include major tech firms Alphabet, Microsoft Tesla Meta Platforms Amazon.com Apple and Nvidia comprise around a third of the total market value. Nearly a third of the estimated $536.3 billion in collective profit from S&P 500 companies in the second quarter will come from just two sectors: information technology and communications services...
Continue ReadingApple launches iOS 26 beta 4 for developers with updates to Liquid Glass and AI notification summaries. A public beta is expected later this week...
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