Google’s cloud outpaces AWS, Azure in Q3 as AI battle heats up

Google’s cloud outpaces AWS, Azure in Q3 as AI battle heats up

Alphabet CEO Sundar Pichai speaks at the Munich Security Conference at the Hotel Bayerischer Hof in Munich, Germany, on February 16, 2024. Tobias Hase | Picture Alliance | Getty Images With Wall Street laser focused on cloud computing this week, Google outpaced its rivals in growth, a key sign for investors that the internet company … Read more

AWS Q3 earnings report 2024

AWS Q3 earnings report 2024

Matt Garman, CEO of Amazon Web Services, speaks during The Wall Street Journal’s Tech Live conference in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | AFP | Getty Images Amazon said revenue in its cloud unit increased 19% in the third quarter, just missing analyst estimates. Revenue at Amazon Web Services totaled … Read more

Nvidia to join Dow Jones Industrial Average, replacing Intel

Nvidia to join Dow Jones Industrial Average, replacing Intel

CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with EIFO and NVIDIA at Vilhelm Lauritzen Terminal in Kastrup, Denmark October 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia is replacing rival chipmaker Intel in the Dow … Read more

AI chatbots aren’t reliable for voting questions: Government officials

AI chatbots aren’t reliable for voting questions: Government officials

New York Attorney General Letitia James speaks during a press conference at the Office of the Attorney General in New York on February 16, 2024.  Timothy A. Clary | AFP | Getty Images With four days until the presidential election, U.S. government officials are cautioning against reliance on artificial intelligence chatbots for voting-related information. In … Read more

Amazon (AMZN) Q3 earnings report 2024

Amazon (AMZN) Q3 earnings report 2024

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected earnings and revenue for the third quarter, driven by growth in its cloud computing and advertising businesses. The stock was up about 7% on Friday morning. Here … Read more

Boeing, union reach sweetened contract offer in bid to end strike, vote scheduled for Monday

Boeing, union reach sweetened contract offer in bid to end strike, vote scheduled for Monday

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024.  David Ryder | Reuters Boeing and its … Read more

OpenAI launches ChatGPT search, competing with Google and Microsoft

OpenAI launches ChatGPT search, competing with Google and Microsoft

In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images OpenAI on Thursday launched a search feature within ChatGPT, its viral chatbot, that positions the high-powered artificial intelligence startup to better compete with search engines … Read more

Microsoft (MSFT) Q1 earnings report 2025

Microsoft (MSFT) Q1 earnings report 2025

Satya Nadella, chief executive officer of Microsoft Corp., speaks during the company event on AI technologies in Jakarta, Indonesia, on Tuesday, April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft reported an earnings and revenue beat for the fiscal first quarter, as the company’s Azure cloud infrastructure business grew faster than predicted. Here’s how … Read more

Everyone gave Reddit an upvote

Everyone gave Reddit an upvote

The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more

Alphabet shares rise on earnings beats boosted by cloud revenue

Alphabet shares rise on earnings beats boosted by cloud revenue

Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines with strong revenue growth from the company’s cloud unit. … Read more