Browsing: earnings
Capital expenditures—capex, meaning the big-ticket purchases that fund the data centers, servers, and power infrastructure undergirding the AI race—is fueling…
Palantir Technologies declared “we are an n of 1” in the artificial intelligence software market on Monday, as the data analytics group…
Apple delivered the goods in its holiday quarter, ringing up billions more than expected in global iPhone sales and in…
ServiceNow CEO Bill McDermott has been on a mission to persuade investors to stop thinking of his enterprise software company…
Tesla CEO Elon Musk kicked off the new year by springing several eye-popping surprises on shareholders, including a $2 billion…
General Motors shares surged as much as 9% on Tuesday, adding over $7 billion to the company’s market capitalization, after…
Oracle Corp. shares plunged the most in almost 11 months after the company escalated its spending on AI data centers…
Nvidia CEO Jensen Huang told employees this week that the company has been pushed into a no-win situation by mounting…
Nvidia blew past Wall Street financial targets in its third quarter, posting a 62% surge in revenue and forecasting continued…
While Amazon and Walmart lean into AI and e-commerce investments, Target’s incoming CEO Michael Fiddelke is taking a different approach.…