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Amazon shares surge as AI boom fuels cloud growth; Nvidia boss says selling chips in China is Trump’s call – business live
Rolling coverage of the latest economic and financial news
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cnbc.com
Big Tech earnings show AI chip demand is still ‘insatiable’
Whatever Thursday’s broad market moves, one thing is clear after the latest megacap tech earnings reports.
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Amazon earnings: Cloud dominance in focus after massive outage as rivals gain ground
Investors are closely watching growth in Amazon's cloud computing unit, which faces increasing pressure from rivals and artificial intelligence deals.
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upi.com
Amazon shares rise amid buoyant earnings report - UPI.com
Amazon reported third-quarter earnings that exceeded expectations, which prompted a 13% rise in its share value during after-hours trading on Thursday.
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Tech's $380 billion splurge: This quarter's winners and losers of the AI spending boom
With the largest cloud and internet companies reporting results this week, it's clear that spending on artificial intelligence is only increasing.
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Amazon's stock soars 12% on third-quarter beat and increased spending guidance
Amazon blew past analyst estimates in its third-quarter earnings report and raised its capital expenditures forecast for the year to $125 billion.
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theguardian.com
Amazon shares surge as AI boom fuels cloud growth; Nvidia boss says selling chips in China is Trump’s call – business live
Rolling coverage of the latest economic and financial news