17 articles tagged
Microsoft shares fell 6% in one week despite strong Q1 earnings, as investors react to the company's massive $35 billion spending on AI infrastructure.
Amazon shares surged to a record high of $255 after the company announced a seven-year, $38 billion cloud computing deal with artificial intelligence firm OpenAI.
S&P 500 forward earnings per share have climbed to a new record high, nearing $300, propelled by the dominant performance of the "Magnificent 7" tech companies.
Nebius Group shares have surged 346% this year, fueled by a $17.4 billion Microsoft cloud deal. The AI infrastructure provider is set to report Q3 earnings on November 11.
Amazon's stock surged over 10% after its Q3 earnings beat expectations, driven by a surprise 20% growth in its AWS cloud division to $33 billion in sales.
Microsoft reported strong Q1 2026 earnings, with EPS of $4.13 and revenue of $77.67 billion, both exceeding analyst expectations. Intelligent Cloud revenue climbed 28%, and the company generated $25 b
A major Amazon Web Services outage in its Virginia data center caused widespread disruptions for banks like Navy Federal and fintechs like Chime on Monday.
Oracle's stock dropped nearly 7% despite the company raising its 2030 revenue forecast to $225 billion and clarifying AI cloud profitability.
Oracle's stock fell nearly 4% after reports revealed its AI cloud business has a gross profit margin of just 14%, far below the company's historical average.
Oracle's stock fell nearly 4% following a report that its high-growth AI cloud business, using Nvidia chips, operates on significantly lower profit margins.
A major service disruption at cloud provider NexusCore is causing widespread outages for thousands of businesses across North America and Europe, impacting key online services.
Alphabet's recent financial reports show significant growth, primarily driven by advancements in its AI models and the sustained profitability of Google Cloud.
