Blue Whale Fund Dumps Tech Giants Over Artificial Intelligence Spending Concerns
The investment fund Blue Whale Growth, supported by billionaire Peter Hargreaves, has significantly reduced its…
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Nvidias Revenue Soars as Global AI Chip Demand Continues to Surge
The world's most valuable company, Nvidia, has demonstrated remarkable financial performance with revenue nearly…
Amazon Cloud Business Soars as AI Demand Fuels Record Investment and Growth
Amazon's quarterly revenues have witnessed a remarkable surge, driven by what CEO Andy Jassy describes as a "once…
Tech Stocks Tumble as Wall Street Suffers Worst Daily Performance Since September
US stocks surrendered their October gains as a significant tech sell-off triggered Wall Street's most substantial…
Intel Records Massive 187 Billion Dollar Restructuring and Asset Impairment…
Intel has unveiled an extensive restructuring programme, announcing $18.7bn in charges as the technology giant aims…
Microsoft Quarterly Profits Soar as AI Investment Strategy Delivers Strong Returns
Microsoft's substantial investment in artificial intelligence technology has yielded impressive returns, with…
Nvidias Earnings Report Set to Reveal Impact of AI Chip Boom Amidst Blackwell…
Nvidia, the US chipmaker, is poised to announce its quarterly sales have more than doubled on Wednesday, even as…
Big Tech Pledges Over 100 Billion Dollars in AI Infrastructure Spending Amidst…
In a bold move, tech giants Microsoft, Alphabet, Amazon, and Meta have collectively increased their capital…
Tech Giants Face Correction Amid AI Boom Doubts and Mixed Quarterly Results
The magnificent seven, a group of technology stocks that has dominated the US stock market, has experienced a tough…