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The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.
The tech giant saw its heavy AI spending pay off Thursday as strong quarterly earnings results helped push its valuation past the $4 trillion mark.
What Happened in Markets Today Microsoft and Meta rose after blockbuster quarterly earnings driven by AI. Microsoft ended the session up 4% and ended trading with a market capitalization near $4 ...
Microsoft, opens new tab hit $4 trillion in stock market value on Thursday, becoming the second publicly traded company after Nvidia (NVDA.O), opens new tab to surpass that milestone following a ...
Shares of Microsoft finished up 4% at $533.50, an all-time closing high, according to Dow Jones Market Data. Microsoft closed with a market cap of $3.966 trillion, just short of joining Nvidia and ...
As reliance on cloud computing grows, business deals made by American technology firms, China’s increasing control over undersea cable networks, and the Chinese Communist Party’s intense subsidization ...
Investors had big expectations for Amazon, and in particular the company's AWS cloud unit, following strong results from Microsoft ( MSFT 3.94%). Amazon revenue and earnings were up 13% and 33%, ...
On tariffs, U.S. President Donald Trump on Thursday gave Mexico a 90-day reprieve to negotiate a broader trade deal, but is later expected to slap new levies on countries that have not struck trade ...
Apple on Thursday reported sales and profit that far surpassed expectations, with some customers making iPhone purchases ...
At 3:08 p.m. ET (20:08 GMT), the Dow Jones Industrial Average traded 120 points, or 0.3%, the S&P 500 index fell 0.01% after ...
Meta delivered 22% revenue growth to $47.52 billion as AI investments fuel improved ad monetization. On the earnings call, co ...
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the company’s business that had struggled over the past year.