Global AI Bubble Burst May Aid Flows Into Indian Stock Market
Before the trading day starts we bring you a digest of the key news and events that are…
Third-quarter earnings are indicating a divided economy
A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris |…
Amazon says its AI shopping assistant Rufus is so effective it’s on pace to pull in an extra $10 billion in sales
In case you were unsure about Amazon’s ability to monetize artificial intelligence, “the everything store” assigned a staggering…
Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
A week that saw the Federal Reserve cut interest rates and dozens of US companies report earnings nevertheless…
Berkshire Hathaway’s profits rise 17% as Buffett prepares to step down
OMAHA, Neb. — The profits of Warren Buffett’s company improved 17% thanks to a relatively mild hurricane season…
Alphabet, Amazon Stakes in Anthropic Boost Profit by Billions
Alphabet Inc. and Amazon.com Inc. were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings…
BofA’s Hartnett Sees Gold, China Stocks as Best AI Boom Hedges
Chinese stocks and gold are the best hedges against a boom in the artificial intelligence trade that has…
Meta Defies AI Spending Gloom With Its Record-Breaking Bond Sale
Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in…
Apple Posts Disappointing Sales in China, Marring Upbeat Report (AAPL)
Apple Inc. predicted a major sales surge during the holiday season after releasing new iPhones, helping assure investors…
Mark Zuckerberg Net Worth Falls as Meta’s AI Spending Plan Spooks Investors
Mark Zuckerberg fell to fifth place on the Bloomberg Billionaires Index — the lowest in nearly two years…
Meta, Google, and Microsoft Triple Down on AI Spending
While Microsoft didn’t offer a specific forecast for its AI capital expenditures for the next quarter or coming…
AI Spending Is What Matters Most in Alphabet, Microsoft Earnings
Artificial intelligence is so essential to the three-year bull market in US stocks that updates on spending and…