AI expenses and a looming price war in cloud services could blow up its profits. Blame it on DeepSeek.

Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...

Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business.

Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country's most influential companies, but drops for Nvidia and Microsoft are keeping ...

Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...

Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong ...

Apple executives on Thursday forecast relatively strong sales growth, a sign the company will recover from a dip in iPhone ...

Samsung has officially released its earnings report for the fourth quarter of 2024, showing an increase in revenue and profit ...

The Chinese chatbot has already hit the chipmaker giant Nvidia’s share price, but its true potential could upend the whole AI ...

Most U.S. stocks are ticking higher following a rush of profit reports from some of the country’s most influential companies.

Apple reported its revenue was $124.3 billion (NZ$220.7b) in the year-end holiday quarter but sales growth fell shy of market expectations as the iPhone faces stiff competition, particularly in China.