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Amazon aims to raise $25 billion from bond sale, Bloomberg News reports
Reuters81d agoneutral
Amazon aims to raise $25 billion from bond sale, Bloomberg News reports

Amazon.com is looking to raise at least $25 billion through a U.S. dollar bond sale, Bloomberg ‌News reported on Tuesday, in the company's latest push ‌to fund its hefty AI investments. Tech companies have been tapping debt markets and ​launching equity sales to fund their costly AI infrastructure build-out. Big Tech, including Amazon, Alphabet, Microsoft and Meta, are expected to spend more than $700 billion on AI this year.

This Week In Cloud AI - Generative AI Revolutionizing Customer Experience Market Growth
Simply Wall St.81d agoneutral
This Week In Cloud AI - Generative AI Revolutionizing Customer Experience Market Growth

The generative AI in customer services market is experiencing substantial growth, with its size expected to escalate from $0.66 billion in 2025 to $1.95 billion by 2030. Key market drivers include the integration of generative AI into CRM platforms, increased customer expectations for immediacy, and the adoption of hybrid cloud AI solutions. Notable advancements such as AI-driven self-service, predictive customer interaction analytics, and real-time sentiment detection are reshaping the...

Microsoft cuts thousands as Xbox faces rude awakening
TheStreet81d agobearish
Microsoft cuts thousands as Xbox faces rude awakening

Microsoft’s (MSFT) latest restructuring just sent a painful message to employees and investors at the same time. The company is tightening its workforce again as it looks to manage weaker pockets of the business while keeping its massive AI push on track. The timing couldn’t have been more ...

Is Google Cloud Officially Driving the Train?
Trefis81d agoneutral
Is Google Cloud Officially Driving the Train?

Let’s be honest. When a stock you own doubles, you feel like a genius. When it’s a behemoth like Alphabet (GOOGL), and it returns +105% in a year, you might wonder if you’ve misread the chart. You haven’t. Over the past 12 months, while the S&P 500 gained a respectable 21%, Alphabet left it in the dust. It also trounced its mega-cap peers; Microsoft (MSFT) stock returned -21.9%, and Meta Platforms (META) returned -16.2% over the same period.

Bloomberg81d agoneutral
Mag 7 Loses Market Swagger as AI Trade Spreads Beyond Behemoths

(Bloomberg) -- For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentenc

Wix.com Ltd. (WIX)Is A Top Stock In Billionaire Jeffrey Talpins’ Filings
Insider Monkey81d agoneutral
Wix.com Ltd. (WIX)Is A Top Stock In Billionaire Jeffrey Talpins’ Filings

Wix.com Ltd. (NASDAQ:WIX) is one of the 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins. Wix.com Ltd. (NASDAQ:WIX) is another AI stock that has struggled in today’s AI era. The shares are down by 69% over the past year and by 51% year-to-date. Banking giant JPMorgan discussed Wix.com Ltd. (NASDAQ:WIX)’s shares on June […]

NVIDIA (NVDA) Names New Field Operations Chief As AI Growth Narrative Points To Higher Fair Value
Simply Wall St.81d agoneutral
NVIDIA (NVDA) Names New Field Operations Chief As AI Growth Narrative Points To Higher Fair Value

NVIDIA (NVDA) has announced a change in a key leadership role, with long-serving executive Ajay K. Puri planning to retire and former Microsoft sales leader Nicholas Parker set to take over worldwide field operations. See our latest analysis for NVIDIA. At a share price of $195.55, NVIDIA’s recent momentum has cooled, with the 7 day and 30 day share price returns declining 2.27% and 4.66% even as the 90 day share price return is up 7.40% and the 1 year total shareholder return sits at 22.38%...

Anthropic’s A$22 Billion Australian AI Cloud Tender Might Change The Case For Investing In IREN (IREN)
Simply Wall St.81d agoneutral
Anthropic’s A$22 Billion Australian AI Cloud Tender Might Change The Case For Investing In IREN (IREN)

In recent weeks, IREN Limited has been identified as a leading contender for Anthropic’s reported A$22.00 billion, 1.40-gigawatt Australian AI cloud capacity tender, leveraging its Bundey campus and secured grid connections. This potential Anthropic contract, alongside IREN’s existing Microsoft and Nvidia agreements, highlights how its large powered land bank could underpin its AI cloud ambitions. We’ll now examine how Anthropic’s interest in IREN’s Australian footprint could reshape the...

Bloomberg81d agoneutral
Intel-Backed AI Chip and Software Maker Syntiant Files for IPO

(Bloomberg) -- Syntiant Corp., a company making semiconductors and software for artificial intelligence, filed for an initial public offering to tap investors’ enthusiasm for the technology. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsSaudis Slash Main Oil Price to Rare Discount as Market DivesTwo Millennium Trading Po

Why Microsoft cut 3,200 Xbox jobs
Yahoo Finance Video81d agoneutralVIDEO
Why Microsoft cut 3,200 Xbox jobs

Yahoo Finance Tech Editor Dan Howley breaks down Microsoft's sweeping restructuring of its gaming division, outlining how a severe hardware slump and disappointing returns on multi-platform and Game Pass expansions forced Xbox to cut 3,200 jobs and divest five major development studios.

Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?
24/7 Wall St.81d agoneutral
Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?

Microsoft (NASDAQ:MSFT) looks mispriced, and the discomfort is the whole point. The company is cutting roughly 4,800 jobs, about 2.1% of its workforce, while telling investors it will spend roughly $190 billion on capex in calendar 2026 to feed AI and Azure. Microsoft is the closest thing the S&P 500 has to a pure AI ... Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?