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Microsoft and Amazon highlight a pivotal week in Seattle tech—big earnings, bold AI moves, and questions about whether we've ...
Amazon's 2Q25 beat estimates, up 13% to $167.7 billion. Online store and third-party services grew 11% each and memberships, ...
Microsoft has stopped naming its competitors, such as Apple and Google, in its latest annual report, ending a nearly 30-year ...
You can learn a lot by watching who the market stops caring about. A year ago, if you whispered the words “Magnificent Seven, ...
In a major development, US tech giants have spent more on artificial intelligence (AI) than the federal government has spent ...
The increasing investment in infrastructure is reinforcing the dominance of a few large players in the tech industry. While ...
The Nasdaq 100 index remains up more than 30 per cent off its low from early April. Read more at straitstimes.com. Read more ...
Microsoft Corp. has become the second publicly traded company to cross the $4 trillion market capitalization mark.
In 2025, leading tech companies have invested $155bn in artificial intelligence, with plans to spend hundreds of billions more in the coming year.
There was a time when investors disapproved tech companies spending on AI, but this quarter showed a different story. Tech ...
Amazon shares closed 8.3% lower, logging their largest daily decline since April 3, and settled at $214.75, erasing gains over the past five weeks. Amazon stock led a sell-off in tech giants on Friday ...
Big Tech is spending more than ever on artificial intelligence – but the returns are rising too, and investors are buying in.