Nvidia stock is falling ahead of earnings reports from technology companies but there’s reason to confident in artificial-intelligence spending.

Most of those companies are pegging their near-term growth prospects to the development of AI technologies, and are spending billions in the race to ensure they establish a domina ...

The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.

Analysts tracked by FactSet expect Alphabet to generate $13.1 billion in Google Cloud revenue, which would be up 26.8% from a year earlier. However, Morningstar analyst Malik Ahmed Khan expects growth ...