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Wall Street ends higher as Amazon soothes AI jitters
Amazon's strong quarterly report boosts Wall Street and investor confidence in AI stocks despite Apple's disappointing results.
Wall Street ends sharply higher, lifted by soaring Microsoft
Wall Street ended sharply higher with Microsoft soaring after a strong sales and cloud growth forecast eased AI spending concerns.
Wall Street closes down sharply after Fed holds rates unchanged
Wall Street declined sharply after the Federal Reserve kept interest rates unchanged, with AI chip stocks dropping amid concerns over heavy capital spending.
S&P 500 ends higher as investors await tech earnings
The S&P 500 rose as gains in Boeing and Coca-Cola offset losses in chip stocks ahead of tech earnings from Apple, Microsoft, and Amazon.
Wall Street ends mixed as investors focus on tech earnings
Wall Street closed mixed as investors focus on upcoming tech earnings from Microsoft, Amazon, Meta, and Apple amid concerns over oil prices and Fed rate hikes.
Nasdaq lags on angst over AI spending ahead of earnings reports
The Nasdaq fell as investors worried about rising AI capital spending ahead of earnings from Microsoft, Amazon, Meta, and Apple.
Alphabet’s cash burn raises alarm for Big Tech as AI spending climbs
Alphabet's record $5.9 billion cash burn highlights rising AI spending pressures on big tech, with Google Cloud growth intensifying competition.
White House to rally utilities, data centers for AI power cost pledge, sources say
WASHINGTON, July 13 (Reuters) – The White House plans to bring together utility companies and data center developers to make a voluntary pledge designed to ensure that rapid growth in electricity demand from artificial intelligence does not drive up power bills for households and businesses, according to three people familiar with the plans. An event […]
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.
