Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, ...
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
Investors punished Microsoft with a 4% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2% after CEO Mark Zuckerberg assured Wall Street ...
U.S. stock futures point mostly higher as investors react to corporate earnings, Apple is slated to report results after the bell, and Tesla stock gains after the company delivers an upbeat update on ...
S&P 500, and Nasdaq futures are rising, the Dow is Falling in premarket trading Thursday as the stock market digests Big Tech earnings and Fed comments on interest rates.