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(Reuters) -Big Tech is spending more than ever on artificial intelligence - but the returns are rising too, and investors are buying in. AI played a bigger role in driving demand across internet search, digital advertising and cloud computing in the April-June quarter, powering revenue growth at technology giants Microsoft, Meta, and Alphabet. Betting that momentum will sustain, Microsoft and Alphabet decided to ramp up spending to ease capacity shortages that have limited their ability to meet soaring AI services demand, even after several quarters of multi-billion-dollar outlays...
Continue ReadingAlphabet's valuation could soar thanks to the artificial intelligence (AI) initiatives at Google Search and Google Cloud...
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The Global Signal Exchange (GSE), the world's first global, multistakeholder and cross-sector clearing house for threat signals, today announces that Microsoft and Meta are joining as partners and data providers. Microsoft and Meta join more than 30 global leaders collaborating through GSE to tackle online scams, fraud and abuse with unprecedented pace, software capabilities and scale...
Continue ReadingMeta and Amazon unveiled new AI chip strategies, while traditional players like Marvell and Micron are seeing momentum in HBM and connectivity...
Continue ReadingThe analyst consensus is for earnings per share of $1.33, up from $1.26 last year, on sales of $162 billion, up 10%....
Continue ReadingSAN FRANCISCO (Reuters) -Shares of chip designer Ambiq Micro ended their first trading day on the New York Stock Exchange up more than 60% on Wednesday after the firm raised $96 million in an initial public offering. The Austin, Texas-based company, which specializes in small computing chips that consume very little energy, began trading at $24 per share and rose as much as 101.8% before ending the day at $38.53, valuing it at $656.5 million. Ambiq filed for its initial public offering earlier in July, with BofA Securities and UBS acting as the lead underwriters for the offering...
Continue ReadingAt first glance, Ringaskiddy looks like any other quiet village on Ireland’s south coast. But it has one claim to fame: the sprawling Pfizer.....
Continue ReadingDigital growth strategy accelerated with the announced acquisition of leading credit card issuing platformRen signs agreement with top tier United States bankMoney Transfer expands digital remittance through Google partnershipMoney Transfer enters Japanese market with acquisition of Kyodai RemittanceOperating margin expansion of 112 basis points LEAWOOD, Kan., July 30, 2025 (GLOBE NEWSWIRE) -- Euronet (“Euronet” or the “Company”) (NASDAQ: EEFT), a global leader in payments processing and cross-b...
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