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Microsoft and Amazon highlight a pivotal week in Seattle tech—big earnings, bold AI moves, and questions about whether we've ...
Amazon's 2Q25 beat estimates, up 13% to $167.7 billion. Online store and third-party services grew 11% each and memberships, ...
You can learn a lot by watching who the market stops caring about. A year ago, if you whispered the words “Magnificent Seven, ...
CNBC’s MacKenzie Sigalos reports on Amazon’s sharp stock drop despite an earnings beat, as AWS lags behind Microsoft and Google in year-over-year cloud growth.
In a major development, US tech giants have spent more on artificial intelligence (AI) than the federal government has spent ...
Microsoft Corp. has become the second publicly traded company to cross the $4 trillion market capitalization mark.
There was a time when investors disapproved tech companies spending on AI, but this quarter showed a different story. Tech ...
Amazon shares closed 8.3% lower, logging their largest daily decline since April 3, and settled at $214.75, erasing gains over the past five weeks. Amazon stock led a sell-off in tech giants on Friday ...
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two ...
In 2025, leading tech companies have invested $155bn in artificial intelligence, with plans to spend hundreds of billions more in the coming year.
Wall Street had a lot riding on whether this week’s big tech earnings would meet increasingly high expectations. By and large ...
IT services sector faces challenges due to lack of investments, shareholder value obsession, diminishing ability to take ...
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