Technology News Archives | Page 11 Of 92

Tech’s 0 billion splurge: This quarter’s winners and losers of the AI spending boom

Tech’s $380 billion splurge: This quarter’s winners and losers of the AI spending boom

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Tech’s internet giants have made it through earnings season, and they offered a consistent message to Wall Street: Artificial intelligence investments are only […]

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Nvidia CEO Jensen Huang says AI is in a ‘virtuous cycle.’ Here’s what he means

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Jensen Huang, CEO of Nvidia, delivers a speech to business leaders during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Ezra Acayan | Getty Images News | Getty Images Nvidia CEO Jensen Huang said Friday that artificial intelligence had reached a “virtuous cycle,” tipping the industry for continuous growth. Speaking at

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Alphabet stock jumps 4% after company posts strong earnings results, boosts AI spend

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Alphabet stock jumped 4% on Thursday after the company reported third-quarter financial results that beat across the board and increased its capital expenditures for the year. The Google parent company bumped its spending expectations on artificial intelligence infrastructure to between $91 billion and $93 billion from $85 billion in the prior quarter, noting continued strong

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Amazon cloud records 20% sales growth, topping estimates

Technology News

Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon said Thursday that revenue in its cloud computing business increased 20% in the third quarter, exceeding analysts’ estimates. Revenue at Amazon Web Services for the third

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Apple reports fourth quarter earnings after the bell

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FILE PHOTO: Formula One F1 – United States Grand Prix – Circuit of the Americas, Austin, Texas, U.S. – October 23, 2022 Tim Cook waves the chequered flag to the race winner Red Bull’s Max Verstappen. Mike Segar | Reuters Apple reports fiscal fourth quarter earnings on Thursday after the bell. The fourth quarter, which

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Roblox stock slips 10% as company expects more spending on safety and infrastructure

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Sheldon Cooper | SOPA Images | Lightrocket | Getty Images Roblox shares sank 10% on Thursday as the company said it expects increased capital expenditures that could pressure margins. The gaming company said it expects capital expenditures of $468 million, an increase of $158 million from prior guidance. “Our operating margin could decline slightly year-over-year

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Big Tech earnings, Fed cuts rates, Trump-Xi meeting and more in Morning Squawk

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Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Magnificent or not? Magnificent Seven members Alphabet, Microsoft and Meta Platforms all beat

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Meta CEO Mark Zuckerberg defends AI spending: ‘We’re seeing the returns’

Technology News

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg is sounding a familiar tune when it comes to artificial intelligence: better to invest too much than too little.

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YouTube offers voluntary buyouts as company reorganizes around AI

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A Youtube podcast microphone is seen at the Variety Podcasting Brunch Presented By YouTube at Austin Proper Hotel in Austin, Texas, on March 8, 2025. Mat Hayward | Variety | Getty Images YouTube is offering voluntary buyouts with severance for U.S.-based employees as it restructures its product organization to focus more on artificial intelligence. The

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Microsoft takes .1 billion hit from OpenAI investment

Microsoft takes $3.1 billion hit from OpenAI investment

Technology News

Microsoft Chairman and Chief Executive Officer Satya Nadella (L), speaks with OpenAI Chief Executive Officer Sam Altman, who joined by video during the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft took a $3.1 billion hit to its net income in the first quarter

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