Microsoft Corp
As big tech pushes AI spending to the max, you may be helping to pay for it
As the tech industry’s giants race to build out AI infrastructure — Microsoft spent $34.9 billion in just one quarter while Meta plans to spend up to $72 billion this year — they may not be the only ones footing the multi-hundred-billion-dollar bill. The consumer is increasingly facing AI-soaked subscription tiers as tech firms attempt to […]
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Tech’s $380 billion splurge: This quarter’s winners and losers of the AI spending boom
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Tech’s internet giants have made it through earnings season, and they offered a consistent message to Wall Street: Artificial intelligence investments are only […]
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Amazon’s earnings rally, Netflix’s stock split, chocolate inflation and more in Morning Squawk
A customer holds up the new orange-colored iPhone 17 Pro Max smartphone inside an Apple retail store in Chongqing, China, on September 19, 2025. Cheng Xin | Getty Images News | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know […]
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Stock futures rise after upbeat tech earnings: Live updates
Traders work on the floor of the New York Stock Exchange in New York on Oct. 30, 2025. Angela Weiss | AFP | Getty Images Stock futures rose Thursday night as investors pored over a couple of key earnings reports from Big Tech companies. Futures tied to the Dow Jones Industrial Average added 17 points, […]
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Apple isn’t playing the same AI capex game as the rest of the megacaps
While many of the largest tech companies race to build massive data centers for their artificial intelligence ambitions, Apple is taking a more modest approach. Instead of simply buying as many AI chips as possible, Apple buys computing capacity from outside partners, finance chief Kevan Parekh explained Thursday on the company’s fourth quarter earnings call. […]
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Amazon cloud records 20% sales growth, topping estimates
Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon said Thursday that revenue in its cloud computing business increased 20% in the third quarter, exceeding analysts’ estimates. Revenue at Amazon Web Services for the third […]
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Honeywell’s spin-off starts trading — plus, Goldman CEO’s outlook on the economy
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 and Nasdaq were dragged down Thursday on post-earnings slumps from Club holdings Meta Platforms and Microsoft. While both reported better-than-expected […]
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Amazon earnings: Cloud growth, holiday outlook and layoffs in focus
Amazon is slated to post results for the third quarter after the closing bell Thursday. Here’s what analysts polled by LSEG are looking for: Earnings per share: $1.57 Revenue: $177.8 billion Wall Street is also looking at other key revenue numbers: Amazon Web Services: $32.42 billion expected Advertising: $17.34 billion expected AWS growth will be […]
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AI companies are downplaying amount of energy and capital they need, Joe Lonsdale says
Joe Lonsdale, the founder of venture firm 8VC, says that top executives in artificial intelligence are underselling the resources they need to meet their ambitious goals. These companies are ” afraid to scare their investors, and so they are telling them they need a lot less capital, a lot less energy than they know they actually […]
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Stocks making the biggest moves premarket: Alphabet, Microsoft, Meta Platforms, Eli Lilly, Merck & more
Check out the companies making headlines before the bell: Alphabet — The search giant jumped more than 7% after strong results that were boosted by revenue from Google Cloud and YouTube advertising. Alphabet earned $3.10 per share, on an adjusted basis, more than the $2.33 per share expected by analysts polled by LSEG. Revenue of […]
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