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Microsoft reported better-than-expected quarterly results on Wednesday and told investors that capital expenditures for the year will reach $190 billion due to soaring memory costs. Here's how the company did in comparison with LSEG consensus: - Earnings per share: $4.27 adjusted

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Meta shares fell about 7% in extended trading on Wednesday after the company reported lower-than-expected capital expenditures, or capex, and missed on user growth. Meta attributed its quarter-over-quarter drop in users in part to "internet disruptions in Iran." Here's how the co

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As Meta pumps increasing amounts of cash into artificial intelligence, the company's metaverse efforts continue to bleed money. In its first-quarter earnings report on Wednesday, Meta revealed that its Reality Labs division recorded an operating loss of $4.03 billion while bringi

Microsoft lifts 2026 AI spend by $25 billion to cover component price rises Will write checks for $190 billion and even those megabucks may not satisfy demand If you've felt the sting of surging hardware prices, Microsoft can sympathize because the company on Wednesday said it ex

Meta and Alphabet both beat expectations in their earnings reports on Wednesday, each recording their fastest growth in years. They also lifted their guidance for capital expenditures for the year, telling investors that they're going to keep pouring money into artificial intelli

For as popular as small form factor PCs have and continue to be, one of the more surprising aspects of the PC market is that we are seeing fewer and fewer low-profile video cards released for them. Once a mainstay of a complete video card lineup, these days, low-profile cards are

Amazon and Meta are among the big companies set to lobby India’s payments body over the dominance of Walmart-owned PhonePe and Google Pay in the country’s fast-growing instant payments network. Executives representing platforms including Amazon Pay, WhatsApp, CRED, MobiKwik, and

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Amazon was one of several tech giants that on Wednesday beat Wall Street’s first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels. Amazon’s cloud business is the latest example. Amazon

Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources famil

Linux cryptographic code flaw offers fast route to root Patches land for authencesn flaw enabling local privilege escalation Developers of major Linux distributions have begun shipping patches to address a local privilege escalation (LPE) vulnerability arising from a logic flaw.

About five hours into Elon Musk’s testimony, I typed the following sentence into my notes: “I have never been more sympathetic to Sam Altman in my life.” Elon Musk’s worst enemy in court is Elon Musk It’s dangerous to tell a courtroom “I don’t lose my temper.” Elon Musk’s worst e