Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a "once-in-a-lifetime"...
Tag : Alphabet
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model....
Wall Street rallies on softer-than-feared Trump trade policies
The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts....
Broadcom stock extends record run with an 11% surge after $1 trillion mark
Broadcom surged 11% on Monday, extending its record rally fueled by AI growth, a $1 trillion valuation, and raised price targets from top analysts....
Google wins appeal in EU over €1.5 billion antitrust fine
Google won a major legal victory as the EU's second-highest court annulled a €1.5 billion antitrust fine, ruling the European Commission failed to assess key...
Historic EU decision sets precedent for global AI regulation
EU Parliament's historic decision paves the way for global AI regulation, setting comprehensive governance rules....
Pinterest shares dip on weak outlook, revenue miss
Pinterest shares dip on weak outlook and revenue miss, as CEO announces Google integration amidst challenges....
Tech stocks feel the heat from soaring Treasury yields
On Wednesday, U.S. stock markets experienced significant shifts, as investors navigated through diverse earnings reports and evolving Treasury yields. Notable indices showed marked volatility, with...
Meta Platforms enjoys stock surge after smashing Q1 earnings expectations
Meta Platforms (META) stock experienced a 14% surge on Thursday after the company’s Q1 results, released late Wednesday, exceeded expectations. The company also raised its...
Saudi wealth fund PIF purchases Alphabet, Zoom, and Microsoft shares
A broad selection of US stocks was purchased by Saudi Arabia’s Public Investment Fund (PIF), bringing its investment portfolio’s value to about $40.8 billion at...