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Amazon aims to raise $25B from bond sale, Bloomberg News reports
Amazon plans to raise at least $25 billion through a bond sale to support its AI infrastructure investments, joining other Big Tech firms in tapping debt markets.
S&P 500, Nasdaq close sharply higher as Broadcom rallies
Broadcom's chip deal extension with Apple boosts s&p 500 and Nasdaq amid strong investor demand for ai-related technology stocks.
Microsoft to cut 4,800 jobs, overhaul Xbox unit
Microsoft announced 4,800 job cuts and an Xbox division overhaul as it shifts strategy and manages rising AI investment costs.
Microsoft launches firm to help companies adopt AI with $2.5B
Microsoft launches Microsoft Frontier Company with $2.5 billion funding to help businesses select and integrate AI technologies tailored to their needs.
Microsoft sued by shareholders over expenses, cloud business, AI
Microsoft faces a shareholder lawsuit over alleged fraud related to slowing Azure growth and increased AI infrastructure spending, impacting its stock price.
OpenAI files for US IPO after Anthropic as AI giants head to public markets
OpenAI confidentially filed for a U.S. IPO targeting up to a $1 trillion valuation amid growing competition from Anthropic and SpaceX in the AI sector.
Wall St ends higher, boosted by tech gains, US-Iran peace hopes
Wall Street stocks rose modestly as tech shares gained and investors watched U.S.-Iran peace talks and Nvidia's new AI chip announcement.
Elon Musk loses lawsuit against OpenAI
Elon Musk lost his lawsuit against OpenAI in a California federal court, with the jury ruling the case was brought too late and OpenAI not liable.
S&P 500 ends down as chip stocks give up gains
The S&P 500 closed down as chip stocks like Intel and Arm Holdings gave up gains amid U.S.-Iran peace talks uncertainty and mixed earnings reports.
Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
Wall Street stocks rose with the S&P 500 and Nasdaq logging their biggest monthly gains in years amid strong earnings and easing oil prices.
S&P 500, Nasdaq, close slightly higher in cautious start to a heavy earnings week
The S&P 500 and Nasdaq posted modest gains in NEW YORK as investors prepare for a heavy earnings week and the Federal Reserve's rate decision.
OpenAI breaks off Microsoft exclusivity to free up path for Amazon, Google deals
OpenAI will no longer grant Microsoft exclusive access to its AI models, enabling partnerships with Amazon and Google cloud platforms.
