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The artificial intelligence (AI) boom still offers an investment opportunity, but Bank of America’s senior strategist Michael Hartnett believes the better deal now lies in lending to technology giants rather…
Cash burn emerged as a key metric for investors assessing Big Tech earnings this season, as companies ramp up spending on artificial intelligence infrastructure while borrowing costs remain elevated. Results…
Companies are spending hundreds of billions of dollars to develop artificial intelligence models, hoping to establish technological advantages that could translate into lasting commercial returns. But as competitors release increasingly…
Memory stocks including Micron Technology, SK Hynix and SanDisk fell sharply on Friday as disappointing earnings from Amazon and Intel triggered a broader sell-off in technology and semiconductor shares. Micron…
ExxonMobil’s (XOM) latest earnings give investors something more useful than another headline about soaring oil profits: a test of how much cash the business can generate – and how much…
Shares of Intel, Advanced Micro Devices AMD and Broadcom fell sharply on Friday as investors reassessed semiconductor demand following a dismal forecast from Intel. The retreat was led by Intel…
Apple stock AAPL gained 1.66% on Thursday, outperforming broader US markets as investors assessed the company’s latest hardware announcements and analysts’ views on its growth prospects. The Nasdaq Composite fell…
Caterpillar (CAT) shares opened notably lower on Thursday even though the industrial equipment giant reported better-than-expected earnings for its fiscal Q3. Investors wanted more confidence that Caterpillar Inc could sustain…
