AI boom in data centers has Big Tech outspending Big Oil on capex
The race for new and upgraded data centers to handle the artificial-intelligence boom has the world’s top technology titans far ...
Read moreTag: Online Service Providers
Snowflake’s stock plunges as outlook misses and CEO steps down
Snowflake Inc.’s stock was tumbling more than 20% in Wednesday’s extended session after the company underwhelmed with its outlook and ...
Read more
Opinion: Nvidia’s growth and Intel’s chip-making plans depend on AI fulfilling its promise
“AI demand isn’t slowing; it isn’t stopping, and those who claim this is a phase or a hiccup in the ...
Read more
Trump’s sneakers are already going for up to $45,000. Can they hold their value?
Former president and 2024 Republican contender Donald Trump may potentially be in the hole for $355 million after losing his ...
Read more
Elliott and JD.com consider battle over U.K retailer
The latest showdown between the U.S. and China may take place on the British high street. Shares in London-listed Currys ...
Read more
Nvidia may shine again when it reports on Wednesday
Nvidia NVDA, -0.06% will announce quarterly results next week, and once again the year-over-year comparisons will be astounding because the ...
Read more
Uber ‘just started to flex its platform muscle’: Can other gig-economy players?
They cheered the company’s more consistent profitability and the prospect of an investor-payout plan, growth in ride demand and gains ...
Read more
Fourth-quarter earnings are near halfway done. Results have gotten better.
With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit. Companies ...
Read more
Costco is the latest company to crack down on freeloaders. Here’s why.
Is the freeloading era finally coming to a close? That’s what some are asking in light of the news that ...
Read more
Apple Stock Should Be Dropped From the Magnificent 7. What Should Replace It.
MarketsFeatureBy Nicholas JasinskiUpdated Jan 12, 2024, 11:07 am EST / Original Jan 12, 2024, 1:00 am ESTShareReprintsIn this articleAMZNAAPLMSFTNVDASPXThe Magnificent ...
Read more
