Intel’s Revenues Soar, Aided by A.I. Boom
The chip maker reported a 7 percent rise to $13.6 billion in its latest quarter, more than $1 billion more than Wall Street expected.
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A.I. Is Eliminating Jobs on Wall Street
“A.I. gives us places to go we haven’t gone,” said one bank’s chief executive.
Corporate Profits Are at Record Highs. These 4 Factors Could Sink Them.
Experts have different theories about what’s driving steep gains. But many agree the window for growth is shrinking.
Corporate Profits Are at Record Highs. These 4 Factors Could Sink Them. Read More »
Nvidia’s Quarterly Profit Hits $43 Billion on Strong A.I. Chip Sales
Total profit for the fiscal year was $120 billion, the company said. Three years ago, it was just $4.4 billion.
Nvidia’s Quarterly Profit Hits $43 Billion on Strong A.I. Chip Sales Read More »
Fear of AI Replacing Software Makers Hits Stocks. Here’s What to Know.
The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.
Fear of AI Replacing Software Makers Hits Stocks. Here’s What to Know. Read More »
The Dark Side of A.I. Weighs on the Stock Market
The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.
The Dark Side of A.I. Weighs on the Stock Market Read More »
Amazon’s $200 Billion Spending Plan Raises Stakes in A.I. Race
The company reported a strong holiday quarter on Thursday. But its spending, like that at other big technology companies, is starting to make investors nervous.
Amazon’s $200 Billion Spending Plan Raises Stakes in A.I. Race Read More »
Google Profit Jumps 30 Percent on A.I. Gains
Profits rose to $34.5 billion last quarter, as the tech giant gained ground with its Gemini system, bolstering its search business and YouTube.
Apple Reports Record iPhone Sales Amid Holiday Bump
New phone designs, coupled with robust holiday spending, continued to lift iPhone sales in the quarter and drove the company to record profits.
Apple Reports Record iPhone Sales Amid Holiday Bump Read More »
Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.
Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent Read More »