Business
AI race sends Big Tech’s capital spending to stratospheric high
Each tech giant has laid out a slightly different route to recouping their investments Four of the biggest US technology companies…
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techs
Business
US stocks: S&P 500, Nasdaq close down as Big Tech’s soaring AI budgets trigger flight
Street’s main indexes finished lower on Thursday with technology-heavy Nasdaq leading declines as investors were rattled by the latest…
Business
Alphabet enters US$3 trillion market cap club as Big Tech’s AI momentum builds
Technology and AI-linked stocks have powered Wall Street’s main indexes to record highs lately amid growing hopes that the US Federal…
Business
AI bets that fuelled Big Tech’s surge now threaten rich profits
Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins…
Business
Grand Venture Tech’s Q1 after-tax net profit up 27.7% to S$2.6 million
Manufacturing-service provider Grand Venture Technology (GVT) on Tuesday (Jun 3) posted a first-quarter net profit after tax of S$2.6…
Business
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in…