Several Big Tech stocks were dropping sharply Friday afternoon, weighing on the S&P 500 index as it struggled to keep its weekly gain. The S&P 500 was down 0.7% Friday, as Google parent Alphabet Inc.
MICROSOFT said on Wednesday that its profit for the October-December quarter grew 10 percent as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence ...
Revenue: Analysts tracked by FactSet expect $187.3 billion in revenue, up from $170.0 billion a year before. The FactSet consensus calls for 8.6% growth in North America revenue to $114.6 billion, 9.7 ...
Astoria Portfolio Advisors CEO John Davi warns the S&P 500 index tilts too far in favor of the so-called Magnificent Seven stocks: Apple, Microsoft, Nvidia, Amazon, Meta Platforms, Alphabet and Tesla.
Amazon reports earnings after Thursday’s closing bell. AWS will be a focal point after rivals came up shy in their own cloud businesses.
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.