There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...

CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...

Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.

Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their AI commitments for the fiscal year 2025.

AppLovin Corporation APP will report its fourth-quarter 2024 results on Feb. 12, after the bell. See Zacks Earnings Calendar to stay ahead of market-making news. The Zacks Consensus Estimate for ...

Big Tech ramps up AI spending, with Amazon, Google, Microsoft, and Meta pushing total investment past $300 billion in 2025 ...

Apple reportedly dominated the tablet market in Q4 2024, capturing 42.3 per cent market share all thanks to its strong iPad ...

In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...

Analysts offered mixed reactions following Google's earnings report, with many adjusting their price targets due to concerns over rising CapEX and slowing cloud revenue growth ...

EUV machines are used to print the most advanced chips, such as the ones that are best suited to handle AI workloads. ASML ...

Zacks Director of Research Sheraz Mian says, "The picture emerging from the 2024 Q4 earnings season continues to be one of ...