(Reuters) -Amazon shares surged more than 13% in premarket trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race. Revenue at Amazon Web Services, the hub of the company's recent AI investments, rose 20% in the third quarter. Although Microsoft Azure's revenue increased by 40% and Google Cloud's by 34%, AWS's sheer scale magnifies its growth impact...
Continue ReadingThe e-commerce giant’s cloud-computing business has disappointed investors with its growth recently, but that appears to be changing...
Continue ReadingThe artificial intelligence revolution is creating winners across chips, software, and cloud infrastructure, and this single Vanguard fund owns them all for a fraction of a percent in fees...
Continue ReadingMicrosoft's Q1 beat estimates, but shares fell on spending and slower Azure growth. Read here for a deeper investment analysis of MSFT stock...
Continue ReadingThis Vanguard ETF is performing very well, but there's a highly specific reason for that -- and it should probably worry you (at least a little)...
Continue ReadingWhile the market is priced for perfection, some companies are reporting results that are less than perfect...
Continue ReadingNvidia announced a slew of deals in South Korea to support the country's development of sovereign AI...
Continue ReadingMeta, Alphabet, Microsoft and Amazon have all said they will increase spending in 2026. But investors have given mixed signals...
Continue ReadingUS stocks have seen volatile moves in the last handful of trading sessions, as strong earnings and massive AI spending pull investors in different directions...
Continue ReadingOilfield service companies like Schlumberger and Halliburton are leveraging their expertise to enter the data center market, focusing on digital solutions and distributed power to meet the demands of the AI boom...
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