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Microsoft, Meta and Google were big earnings movers late after Fed chief Powell's hawkish comments. The Trump-Xi meeting with key agreements...
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Microsoft Corporation beats Q1 FY2026 expectations on AI demand, but trades at a 15% premium. Click to see if MSFT stock is a buy, hold, or sell...
Continue ReadingSelling options can generate 12-15% annual income. Read why selling cash-covered puts and covered calls is a relatively safe choice for earning a high income...
Continue ReadingIBM upgraded to 'buy' after strong Q3; robust earnings, stable dividends, and margin growth highlight turnaround. See more on IBM stock here...
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Britain's Vodafone on Thursday said it will acquire German cloud and digital transformation firm Skaylink for 175 million euros ($204.09 million) from private equity firm Waterland, in a push to expand its service offerings. Skaylink, which has over 500 employees across Germany and Europe, specialises in managing cloud deployments on Microsoft and Amazon Web Services platforms and implementing artificial intelligence solutions for corporate clients. The deal is expected to close by the end of March 2026, subject to regulatory approvals...
Continue ReadingBusiness customers to benefit from technical expertise in cloud, digital transformation and security DÜSSELDORF, Germany, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Vodafone Group Plc (“Vodafone”) announces that it has entered into a binding agreement to acquire 100% of Skaylink GmbH (“Skaylink” or the “company”) primarily from funds managed by Waterland for a total consideration of €175m. Skaylink is a leading full-service cloud, digital transformation and security specialist with offices throughout Ger...
Continue ReadingSTORY: AI demand and cloud computing is giving Big Tech a boost.Microsoft and Google-parent Alphabet both posted better-than-expected results Wednesday, for the latest quarter.Microsoft said its Azure cloud business grew 40%.Total revenue rose 18% to almost $78 billion, beating expectations by more than $2 billion.It marks the company's second major win this week, after a revised deal with OpenAI that lets it retain a big stake.Exclusive access to models behind ChatGPT has been key to Azure's rapid growth in recent quarters.Meanwhile, Alphabet raked in just over $100 billion in the latest quarter.It saw a revenue growth of more than a third for Google Cloud as demand surged from large businesses for AI-powered infrastructure and data analytics.Shares in Facebook-parent Meta slid, however, after it recorded a near-$16 billion one-time charge linked to U.S. President Donald Trump's Big Beautiful bill.That ate into its profit - which would have been $18.6 billion excluding the charge.Meta recorded revenue growth of 26% in the last quarter, beating estimates.But cost increases in the quarter outpaced the jump.Despite fears of a bubble, all three tech giants are splurging on AI.Google, Microsoft and Meta are all bumping up predictions of capital expenditure this year.After a late start, Meta has doubled down on its target to achieve "superintelligence" - a theoretical milestone where machines outthink humans.To reach that goal, its CEO Mark Zuckerberg has pledged to spend hundreds of billions of dollars...
Continue ReadingMeta and Microsoft shares fell in after-hours trading on Wednesday after the tech giants disclosed spending on AI data centers filled with humming servers. Meta warned that 2026 outlays would be "notably larger" than in 2025, but CEO Mark Zuckerberg, said he wasn't worried about overspending on AI infrastructure. Matt Bloxham of Bloomberg Intelligence explains...
Continue ReadingMicrosoft, Meta and Google were big earnings movers late after Fed chief Powell's hawkish comments. The Trump-Xi meeting with key agreements...
Continue Reading