Finance
Amazon earnings beat expectations with strong cloud growth
Revenue in Amazon's cloud computing segment expanded 28% year over year, topping analysts' estimates.
Finance
Meta shares slide as plan to spend billions more on AI spooks investors
Other tech giants Alphabet, Microsoft and Amazon also reported quarterly earnings on Wednesday.
Finance
Inside India newsletter: AI is exposing cracks in India’s growth story as it hits high-paying IT jobs
India’s IT sector fueled consumption growth, but AI is reducing mass hiring now, revealing a shortage of quality jobs, r
Finance
Meta stock drops on quarterly results as 'internet disruptions' in Iran drag down user numbers
Meta beat on revenue, but showed disappointing user numbers and its capital expenditures were below estimates.
Finance
Musk accuses OpenAI lawyer of trying to 'trick' him in combative testimony
Elon Musk was cross-examined on the third day of the trial over his lawsuit against Sam Altman and OpenAI.
Finance
Interest rates expected to be held as uncertainty over Iran war continues
Future base rate changes are hard to predict as analysts judge the economic impact of the Iran war.
Finance
A son overlooked and a jailed tycoon: Inside Samsung's succession drama
The family dynasty behind Samsung is so complicated it regularly makes headline news in South Korea.
Finance
Stocks Steady as Earnings Counter Surge in Oil: Markets Wrap
Stocks steadied as some positive news on earnings helped to counter inflation concerns triggered by oil’s jump to the hi
Finance
The kelp producer who wants to get Americans eating seaweed
Marine farmer Suzie Flores also hopes the crop can revitalise the US's small fishing towns.
Finance
Oil price rises above $120 after reports of 'extended' Iran blockade
The price of crude oil has swung sharply as uncertainty over the war in the Middle East continues.
Finance
We're raising our price target on Amazon after its all-around killer quarter
The stock's April rally set a high bar heading into Wednesday's print. But the company's results resoundingly cleared it
Finance
Qualcomm shares soar 16% on CEO comments about China orders, hyperscaler customer
Qualcomm CEO Cristiano Amon said that it would begin shipping data center chips to "a large hyperscaler" ahead of schedu