Business
Oracle Reassures Investors With Scaled-Back $20 Billion AI Funding Plan
The cloud giant forecasts positive cash flow by fiscal 2028 while capping future debt and equity needs.
Wall Street
9 stories about this topic.
Business
Microsoft Tops Quarterly Forecasts as Tech Sector Slips on AI Spending Concerns
Shares of the software giant outpaced peers despite broader market declines fueled by tech earnings and inflation data.
Business
Alphabet Shares Tumble as AI Infrastructure Spending Overshadows Cloud Surge
Slower search advertising growth and a steep drop in quarterly earnings triggered a sharp sell-off despite record cloud computing revenue.
Technology
AI Spending Concerns Trigger Tech Selloff and Drag Down Bitcoin
Market anxiety over ambitious artificial intelligence investments and rising borrowing costs led to a significant Wall Street downturn and pressured cryptocurrency prices.
Business
Verizon Stock Slips Despite Record Subscriber Growth and Raised Guidance
The telecom carrier reported its strongest third-quarter postpaid phone additions in five years, but a revenue miss weighed heavily on shares.
Business
S&P 500 and Nasdaq Slide as AI Spending Concerns Trigger Tech Selloff
Major US stock indexes fell sharply following high-profile corporate earnings reports that renewed investor skepticism over artificial intelligence expenditures.
Technology
Tech Stocks Plunge Amid AI Spending Fears and Market Sell-Off
Wall Street faces its worst session in months as memory chip makers and major technology firms experience sharp declines.
Business
U.S. Stock Futures Flat Following Technology Sector Sell-Off
Stock futures remained little changed on Thursday evening as investors weighed concerns regarding artificial intelligence spending against broader market movements.
Business
Meta Q3 Earnings Set to Test Wall Street Confidence in Heavy AI Spending
Meta Platforms kicks off Big Tech earnings season as investors scrutinize the financial impact of massive artificial intelligence investments.