Pension spend jumps 60% in Telangana in first quarter
Hyderabad: Telangana’s pension expenditure jumped nearly 60% and subsidy spending rose over 17% in the first quarter of…
JPMorgan Raises S&P 500 Target to 8,000 as Earnings and AI Growth Strengthen Outlook
Stock chart going up ©Shutterstock JPMorgan has increased its 2026 S&P 500 price target to 8,000 from 7,800,…
ASML Holding (NasdaqGS:ASML) Raises Revenue Guidance As AI Chip Spending Builds
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Tech giants are not going to slash their AI spending plans, bullish tech analyst says
Don’t expect Big Tech CEOs to pull back on aggressive capital expenditure plans to appease weary shareholders. Today’s…
Lawsuit Tests Microsoft AI Story While Shares Trade Below Valuation Estimates
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Japan’s economy cools on weak capex in Q1, revised data shows
By Satoshi Sugiyama TOKYO, June 8 (Reuters) – Japan’s economy lost momentum in the January-March quarter from the…
Foxconn has immense confidence in growth momentum due to AI, chairman says
NEW TAIPEI, Taiwan, May 29 (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, has immense confidence…
AI cloud firm Nebius reports near eightfold revenue jump, shares surge
May 13 (Reuters) – Nebius Group reported a nearly eightfold rise in quarterly revenue on Wednesday, benefiting from…
ByteDance raises 2026 capex by at least 25% amid AI boom, rising memory costs, sources say
TikTok owner ByteDance is ramping up its spending on artificial intelligence infrastructure, boosting its planned capital expenditure this…
ByteDance plans to spend $23 billion towards AI infrastructure in 2026, FT reports
Dec 22 (Reuters) – TikTok owner ByteDance has made preliminary plans for capital expenditure of 160 billion yuan…
I built the first iPhone with Steve Jobs. The AI industry is at risk of repeating an early smartphone mistake
We’re in the midst of a meteoric rise of data centers promising power, server space, and economic opportunity…
I Think These Are the 2 Best AI Stocks to Buy in November
The AI hyperbuild is now an accounting line item, with major tech companies raising 2025 capital expenditure plans…