Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...
"We expect CapEx growth in 2025 will be driven by increased investment to support both our generative AI efforts and our core business. The majority of our CapEx in 2025 will continue to be directed ...
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...
If we learned anything from tonight’s December-quarter earnings announcements from Microsoft and Meta Platforms, it’s that we ...
Musk has his fingers in a lot of pies and most have something to do with artificial intelligence. That makes Tesla’s earnings ...
Follow the market action on Wednesday to see whether the post-DeepSeek rally can continue and how investors react to the ...