That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while ...
The stock market was making another push higher around 1:30 p.m. ET after the major indexes relinquished earlier gains. The Dow was up 213 points, or 0.5%. It would be up even more if not for ...
S&P 500 futures rise as Meta and Tesla gain, but Microsoft and Caterpillar drag the Dow. US stock market reacts to earnings, GDP data, and Fed outlook.
The stock market bounced around in the final half-hour of trading as markets reacted to comments from President Donald Trump regarding proposed 25% tariffs on Canada and Mexico. The S&P 500 rose 0.5%.