Dow Jones Newswires
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By Rolfe Winkler, Nate Rattner and Sebastian HerreraThe AI arms race is accelerating as the major tech companies add to their already gargantuan levels of spen…
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Stock Story
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What Happened?Shares of online advertising giant Alphabet NASDAQ:GOOGLjumped 2.8% in the morning session after the company reported strong second-quarter finan…
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GuruFocus
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Tesla (TSLA) tumbles nearly 9% after Q2 net income falls 22% and automotive revenue plunges 16% Y/Y.They reported revenue down 8% and deliveries off 14%, sendi…
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Dow Jones Newswires
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By Dan GallagherMeta Platforms and Microsoft are both showing that obscene spending on new businesses can work — as long as the older ones are humming.That was…
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Reuters
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Apple NASDAQ:AAPL CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more…
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