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Dan Ives, the global head of technology research at Wedbush Securities, predicts that one big tech company's market cap will hit $5 trillion next year.
IT services sector faces challenges due to lack of investments, shareholder value obsession, diminishing ability to take risks, and declining margins.
IT services sector faces challenges due to lack of investments, shareholder value obsession, diminishing ability to take ...
Microsoft and Amazon highlight a pivotal week in Seattle tech—big earnings, bold AI moves, and questions about whether we've ...
Wall Street had a lot riding on whether this week’s big tech earnings would meet increasingly high expectations. By and large ...
There was a time when investors disapproved tech companies spending on AI, but this quarter showed a different story. Tech ...
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You can learn a lot by watching who the market stops caring about. A year ago, if you whispered the words “Magnificent Seven, ...
In a major development, US tech giants have spent more on artificial intelligence (AI) than the federal government has spent ...
The Nasdaq Composite remained on track for a record finish, maintaining positive momentum on big gains for tech stocks after strong earnings late Wednesday from Microsoft and Meta. The Dow Jones ...
The increasing investment in infrastructure is reinforcing the dominance of a few large players in the tech industry. While ...
Big Tech is spending more than ever on artificial intelligence – but the returns are rising too, and investors are buying in. AI played a bigger role in driving demand across internet search, digital ...