The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
S&P 500, and Nasdaq futures are rising, the Dow is Falling in premarket trading Thursday as the stock market digests Big Tech earnings and Fed comments on interest rates.
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 4% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2% ...
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...
A plane carrying 64 crashes with an Army helicopter near Washington, Tesla’s quarter was lackluster as investors look to future, and more news to start your day.
Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.