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Amazon's stock soars 12% on third-quarter beat and increased spending guidance
Amazon blew past analyst estimates in its third-quarter earnings report and raised its capital expenditures forecast for the year to $125 billion.
Tech's $380 billion splurge: This quarter's winners and losers of the AI spending boom
With the largest cloud and internet companies reporting results this week, it's clear that spending on artificial intelligence is only increasing.
Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results
Meta's results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results.
Alphabet stock jumps 4% after posting strong results, boosting AI spend
The strong quarter and a boost in capital spending impressed analysts and solidified Alphabet's position as an AI leader.
CNBC Daily Open: Capex is the number to look at amid Big Tech earnings
The crux is that spending on artificial intelligence isn't going to slow down, at least for the next year, thanks to increasing demand for AI services.
Fiserv stock craters 44%, on pace for worst day ever after company slashes guidance
Fiserv said it will move its stock from the NYSE to the Nasdaq next month, where it will trade under the ticker symbol "FISV."
CNBC Daily Open: It's a boom, it's a bubble, it's still not enough for investors: It's AI
Investors can't get enough of AI, despite worries over high valuations — and tech companies can't get enough of each other, either.
Apple, Microsoft cross $4 trillion market cap
Apple reports fiscal fourth-quarter earnings on Thursday. Microsoft reports earnings on Wednesday.
CNBC Daily Open: We are all farmers hoping for the end of the U.S.-China trade war
Global and U.S. markets hit highs on the prospect of a U.S.-China trade deal. And that's before an agreement has been signed officially.
CNBC Daily Open: U.S.' 4-year economic plan, with a Trump twist?
Trump's dealings and proclivity for acquiring stakes in U.S. companies has very faint echoes of China's developmental agenda meeting.
Shares of Australian critical metal companies surge on $8.5 billion U.S. minerals deal
Australian critical metals and rare earths shares surged following the announcement of a massive minerals deal between Washington and Canberra.
Transportation Secretary Duffy says Musk's SpaceX is behind on moon trip and he will reopen contracts
Duffy said he will open the contract to other space companies that can help get to the moon quicker as it races against China.
Apple’s Eddy Cue says sports streaming needs fixing as company nears F1 rights deal
Apple is about to announce a $140 million per year media rights deal with F1 for its U.S. rights, according to people familiar with the matter.
Uber will offer gig work like AI data labeling to drivers while not on the road
Uber says it's offering drivers ways to make money when not ferrying around passengers.
Walmart deploys millions of new sensors in retail's first large-scale deployment of IoT tech
Walmart is deploying millions of ambient Internet of Things battery-free sensors throughout its U.S. supply chain to enhance services and add efficiencies.
Chip stocks bounce on Broadcom, OpenAI deal and easing China tensions
President Donald Trump said in a post to Truth Social over the weekend to not worry about China and it "will all be fine," quelling some market fears.
Rocket Lab's stock set for 20% gain this week after flurry of new launch deals
Rocket Lab has secured several new launch contracts over the last few weeks.
Ex-Google CEO Eric Schmidt warns AI models can be hacked: 'They learn how to kill someone'
"There's evidence that you can take models ... and you can hack them to remove their guardrails," ex-Google CEO Eric Schmidt said.
Taiwan rejects U.S. proposal of '50-50' chip production, says trade talks focused on tariffs
Vice Premier Cheng Li-chiun said the arrangement was "not discussed," as she returned from trade talks in the U.S., according to Taiwan's Central News Agency.
Microsoft sales chief Althoff gets new role as CEO of company's commercial business
Bringing together sales with marketing and other functions is critical for Microsoft to lead in the artificial intelligence era, CEO Satya Nadella said.
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