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Speaking to investors during Thursday's earnings call, Tim Cook didn't appear worried that advancements in AI could replace the iPhone.
The main indexes all opened higher Thursday on impressive Big Tech earnings, but momentum faded into the close.
US equities rose on Friday, July 25, and for the fifth consecutive day, the S&P 500 hit a record high. The S&P 500 closed at ...
Microsoft's cloud and AI momentum is accelerating, with enterprises boosting AI budgets and Wall Street underestimating its ...
"Meta continues to earn the right to spend more on capex with strong core advertising performance. While the high end of Meta’s 2025 capex is unchanged at USD72 billion, the company indicated that it ...
Analysts surveyed by FactSet expect the company to post adjusted earnings of $1.43 a share on revenue of $89.36 billion.
Apple will report fiscal third-quarter results after the closing bell Thursday. Analysts are looking for updates on AI ...
Microsoft is set to become the second company in the world to reach a $4 trillion valuation. Is now a good time to invest in Microsoft?
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
Technology giant Microsoft on Wednesday said its profit soared above expectations in the recently ended quarter, driven by its cloud computing and artificial intelligence (AI) units.
While investors scrutinize Microsoft's figures, AI-themed exchange traded funds are already getting a tailwind.