A broad stock market rally picked up the pace with an hour to go in Thursday’s session. The Dow was up 271 points, or 0.6%. The S&P 500 was up 0.7%. The Nasdaq Composite was up 0.5%. Though a majority ...
Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far.
Shares in Microsoft fell 5% in afterhours trading as the tech giant said its flagship cloud computing business experienced a slowdown in growth last quarter. The takeaways: The company’s overall ...