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…
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…
Wall Street’s Love of AI Cost Cuts Sends C.H. Robinson Soaring
The nonstop enthusiasm for artificial intelligence is spilling into the transportation business, with shares of C.H. Robinson Worldwide…
Amazon shares surge as AI boom drives cloud growth
The tech giants are all making huge investments to build up their AI computing capabilities, money that the…
Google’s corporate parent posts first-ever quarter with $100B in revenue in latest show of its power
SAN FRANCISCO (AP) — Google’s corporate parent on Wednesday announced its first-ever quarter with more than $100 billion…
NZ sharemarket edges higher as NZME lifts earnings guidance – Market close
“The index did follow in kind with US markets hitting record highs. “The latter part of our session…
AI Earnings Strength Widens to More Stocks to Allay Bubble Fears
A brighter earnings outlook for artificial-intelligence companies is allaying concerns that the AI-led global equity rally is in…
SK Hynix Posts Record Profit After AI Boom Fuels Chip Demand
SK Hynix Inc. reported a 62% jump in profit and revealed it’s sold its entire memory chip lineup…
China’s Profit Rebound Means Little for Bulls Fixated on Trade
Chinese corporates are likely to deliver their best earnings growth in years this results season. Yet, stock traders…
Europe’s Tech Earnings Beat Expectations as AI Boom Boosts Demand
European tech earnings resoundingly beat expectations, as growing investment in artificial intelligence lifts demand and counters trade headwinds.…
China Industrial Profits Soar Most Since 2023 as Price Wars Ease
Chinese industrial companies saw their earnings surge the most in nearly two years, as production revs up while…
Meta Investors Watch Zuckerberg Keep His Promise of Big AI Spending
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the…