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Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
USA TODAY via Yahoo Finance· 8 hours agoThe nation’s gross domestic product, the value of all goods and services produced in the ...6.1%....
Amazon Gets More Fuel for AI Race
The Wall Street Journal· 11 hours agoCapital spending under CEO Andy Jassy will go up “meaningfully,” but record operating margins driven by retail, cloud and advertising will ease the pain.
AI Hardware Stocks Get Pummeled Even as Big Tech Keeps Spending
Bloomberg via Yahoo Finance· 6 hours ago(Bloomberg) -- The good news for makers of semiconductors and other artificial intelligence...
AI investments are showing signs of a payoff, but the price is steep
Yahoo Finance via AOL· 2 hours agoMicrosoft announced last week it spent $14 billion on capital expenditures tied to its AI buildout...
Prudential to shut down Assurance, the insurance tech startup it acquired for $2.35B in 2019
GeekWire· 6 hours agoInsurance giant Prudential is shutting down Assurance IQ, five years after spending $2.35 billion to...
Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand
GeekWire· 1 day agoAnalysts, investors, and the media are suddenly focused intensely on capital expenditures by tech...
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
Morningstar· 8 hours agoMicrosoft MSFT and Alphabet’s GOOGL/GOOG AI progress was rewarded with big jumps in their share...
Mastercard Exceeds Q1 Expectations with Strong Consumer Spending By Quiver Quantitative
Investing.com· 2 hours agoMastercard Exceeds Q1 Expectations with Strong Consumer Spending
Mastercard (MA) Q1 Earnings Beat on Steady Spending, '24 View Cut
Zacks via Yahoo Finance· 3 hours agoConsensus Estimate of $2.43 by 3.3%. The bottom line rose 20% year over year. Despite challenges,...
3 Solid Retail Funds to Buy on Soaring Consumer Spending
Zacks via Yahoo Finance· 7 hours agoFidelity Select Retailing Portfolio FSRPX fund aims for capital appreciation. FSRPX invests a large...
