Earnings by the world's largest memory makers are in the spotlight as investors look for evidence to justify sky-high investments and valuations fueled by the AI boom.
Set as Trusted Source
on Google Search
'Search' - 1,000 News Result(s)
Earnings by the world's largest memory makers are in the spotlight as investors look for evidence to justify sky-high investments and valuations fueled by the AI boom.
Microsoft disclosed over $130 billion in new data center leases last quarter, reflecting increased investment in AI infrastructure and a total $329.1 billion in future lease commitments.
Chief Financial Officer Amy Hood said she expected growth in the cloud unit to accelerate further in the current quarter, to about 45%.
Three of 12 Fed officials voted for a rate increase, a sign that US central bankers are concerned about elevated inflation.
Global benchmark Brent crude traded near $90 a barrel, after surging almost 8% in the previous session, its biggest daily gain in more than two weeks. West Texas Intermediate (WTI) hovered just below $84 a barrel.
The men's javelin throw events of Commonwealth Games 2026 will be broadcasted on the Sony Sports television channels and can also be streamed LIVE via the Sony LIV app and website.
Stocks in the news, big brokerage calls of the day, complete trade setup and much more!
Liverpool head into their second pre-season friendly after a 4-2 win over Sunderland as Andoni Iraola continues preparations for his first season in charge at Anfield.
The Dow Jones Industrial Average slumped 2.1%, or over 1,100 points, as the selloff worsened sharply after Fed Chair Kevin Warsh's press briefing concluded.
In a 9-3 vote, the Fed decided to leave rates unchanged in the 3.5%-3.75% range. Warsh signalled that future hikes weren't ruled out to combat inflation.