However, Microsoft revealed a major drop in profit due to what it termed was an “equity method investment” in OpenAI Group ...
The Facebook and Instagram parent reported third-quarter revenue growth of 26% that beat market estimates, but that jump was ...
Microsoft's CEO, Satya Nadella, told investors that the company plans to double its data center footprint over the next two ...
Microsoft posted its fiscal first-quarter earnings after Wednesday's closing bell, joining Alphabet and Meta on a packed ...
Alphabet’s Other Bets segment, which combines revenue from the self-driving car unit Waymo, the life sciences unit Verily and ...
Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier.
Mark Zuckerberg is doubling down on AI—again. And the cost is mounting. Meta Platforms reported Wednesday that its increased ...
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Menlo Park, California-based Meta Platforms Inc. earned $2.71 billion, or $1.05 per share, in the July-September period.
SAN FRANCISCO (AP) — Google’s corporate parent on Wednesday announced its first-ever quarter with more than $100 billion in ...
Microsoft (MSFT) came out with quarterly earnings of $4.13 per share, beating the Zacks Consensus Estimate of $3.65 per share. This compares to earnings of $3.3 per share a year ago. These figures are ...
Most economists expect the Fed to make a cut of 50 or 75 basis points to the end of January in a data vacuum. And, yes, they are caught between a rock (inflation) and a hard place (the labor market).