Big investors are shifting focus from whether Big Tech's AI spending will pay off to which companies will deliver long-term returns, as results from Microsoft and Amazon reassure markets of robust AI …
Asset managers are shifting focus to long-term returns from Big Tech AI spending, betting that hyperscalers will grow profits faster than they spend, with the biggest tech companies on track to add ro…
Shares of Alphabet and Tesla plunged Thursday after both tech giants announced massive increases in artificial intelligence spending, with Tesla falling 10% and Alphabet sinking over 5%. Alphabet rais…
Retail investors are shifting away from the 'Magnificent Seven' tech giants and into AI chip and infrastructure companies, according to data from Vanda Research. The 'Magnificent Seven' stocks have un…
SK Hynix raised about $26.5 billion in its Nasdaq debut, one of the largest US share sales by a foreign company, giving global investors access to the AI memory leader. The South Korean chipmaker, whi…