It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged more than 8% after showing signs that AI investments are boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in…
Microsoft CEO Satya Nadella speaks at the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Microsoft shares fell 7% in extended trading on Wednesday after the software maker issued quarterly results that were healthier than analysts had anticipated. Here’s how the company performed in comparison with…
Melbourne, Australia Kieran Stone | Moment | Getty Images Asia-Pacific markets opened mostly higher on Wednesday, tracking gains on Wall Street after the S&P 500 closed at a record high. The broad market index gained 0.41% to finish at 6,978.60, supported by gains in Apple and Microsoft. Asian markets mostly extended Tuesday’s gains, with Australia’s S&P/ASX 200 climbing…
Corning stock may be skyrocketing on Tuesday, but Jim Cramer has a clear message for investors tempted to take profits: The rally isn’t over yet. Shares surged more than 16% after CNBC reported that Corning inked a new partnership with fellow Club holding Meta Platforms . The Facebook parent said it will pay Corning up…
LEDs light up in a server rack in a data center. Picture Alliance | Picture Alliance | Getty Images Price rises and memory shortages are likely to continue through 2027, a top semiconductor industry CEO told CNBC, adding to the view that the crunch that’s been caused by the AI infrastructure boom may last longer…
Traders work at the New York Stock Exchange, in New York, Jan. 16, 2026. NYSE Technology shares led the declines in U.S. stocks Tuesday as investors reacted to escalating tariff rhetoric tied to President Donald Trump’s renewed push around Greenland. The State Street Technology Select Sector SPDR ETF (XLK) fell 1%. Nvidia and Tesla each…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images AI coding startup Replit is now letting users create and publish mobile apps for Apple devices using only natural language prompts, the latest evolution in so-called vibe-coding. The Mobile Apps on Replit feature, introduced on Thursday, allows creators and small business owners to go from…
Microsoft on Tuesday promised that consumers won’t pay more when the software maker sets up data centers near their communities. The company also committed to replenish more water than it uses and to add to local tax bases in places where it has data centers. “Our pledge to each of these communities is that we…
SAN FRANCISCO — Daniela Amodei has an energy that’s hard to place — warm, unhurried, immediately present. She swept into a sunlit room on the ground floor of Anthropic’s headquarters in December, sat down, and immediately apologized for her mug. “Is my, like, gigantic novelty mug going to be distracting if I have it?” she…
George Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in Washington on April 13, 2004. Jay Mallin | Bloomberg | Getty Images Oracle said Friday that two longtime directors, both octogenarians, have resigned from the board. George Conrades, former CEO of content network distribution company…