Major technology companies have ramped up their capital spending significantly since 2023. They have been spending big-time on putting artificial intelligence (AI) infrastructure in place in a bid to ...
After two sizzling years, big technology heavyweights have had a rough 2025, but investors may be overlooking their potential to provide havens in times of turmoil. That's according to Raghavendran ...
Meta is laying off roughly 600 employees within its artificial intelligence unit, the latest example from big tech that the AI layoff has become as trendy as the lofty AI valuation or acquisition. As ...
Stocks edged higher in afternoon trading on Wall Street Thursday and are hovering around record highs amid rallies for big technology stocks. The S&P 500 rose 0.2% and is just below the record high it ...
CNBC's Kelly Evans discusses Elon Musk losing his court battle against OpenAI and Sam Altman with Alex Kantrowitz of Big ...
CNBC's "Closing Bell" discusses the backlash after former Google CEO Eric Schmidt's commencement address at University of ...
Google and Microsoft have both gone over $100 billion in annual net income. The big technology companies are growing by as much as 20-25% each year. Their combined annual net income is already over ...
The company reported a strong holiday quarter on Thursday. But its spending, like that at other big technology companies, is starting to make investors nervous. By Karen Weise Karen Weise has covered ...
According to Bloomberg Intelligence, Amazon, Microsoft, Alphabet, Meta Platforms, Apple, and Oracle spent a total of $110.2 billion in capital expenditures (capex) last year, up from $104.2 billion in ...