The Fed is main event of week that includes jobs report, tech earnings
The Federal Reserve’s latest policy announcement will be the main event for investors in the week ahead, as Wall Street looks for clues on the health of the economy and…
Digital ad market on mend as Meta, Alphabet, Snap show faster growth
A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. Tayfun Coskun | Anadolu | Getty Images Advertising is so back. After a brutal 2022,…
Microsoft says cloud AI demand exceeds supply despite spending surge
Amy Hood, chief financial officer at Microsoft, speaks during a presentation on affordable housing in Bellevue, Washington, on Jan. 17, 2019. Chona Kasinger | Bloomberg | Getty Images Microsoft is…
Alphabet tempers worries that it’s falling behind in AI in Q1 results
Alphabet went into its earnings report on Thursday facing concerns about the growth of its core Google ads business and the company’s ability to generate profits from its hefty investments…
Amazon aggregator Thrasio loses CEO, other execs in bankruptcy process
Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021.…
Microsoft, Amazon AI partnerships face scrutiny from British regulators
A Microsoft logo seen displayed on a smartphone screen and Amazon logo in the background in Athens, Greece on October 5, 2023. Nurphoto | Nurphoto | Getty Images British antitrust…
Amazon CTO on opening Southeast Asia cloud regions
Amazon is opening cloud regions in Southeast Asia because customers want their data stored securely in their own countries, Amazon Chief Technology Officer Werner Vogels said in an exclusive interview.…
HashiCorp shares spike on report that IBM is in talks to buy company
HashiCorp at the Nasdaq MarketSite on Dec. 9, 2021. Source: Nasdaq HashiCorp shares jumped as much as 26% on Tuesday following a media report claiming IBM was in talks to…
CEO of world’s largest wealth fund says there’s a lot of froth
The chief executive of Norway’s gigantic sovereign wealth fund on Tuesday said there is “clearly a lot of froth” in the tech sector, suggesting that whether there is too much…
Amazon ends drone program in California as it eyes Arizona launch
An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP | Getty Images Amazon is shuttering…