Microsoft’s cloud is ‘no-brainer’ for some AI startups, helping Azure gain ground on AWS
Microsoft’s lead in artificial intelligence along with a program to provide credits to early-stage companies is making Azure more popular among startups.
An August stocks slump is ‘absolutely normal’ — but strategists urge caution on buying the dip
Strategists on Friday urged investors to take a cautious approach to a global stock market sell-off.
Ice vests, extra breaks and slushies: Olympians are struggling to keep cool in the Paris heat
U.S. gymnastics superstar Simone Biles isn’t the only Olympian feeling the Paris heat.
Apple is spending more on AI, but remains far behind its Silicon Valley peers
Investors are focused on how much mega-cap tech companies are spending on their AI buildouts. Apple is in a category of its own.
DoorDash shares pop 13% on second-quarter revenue beat
DoorDash reported second-quarter results Thursday that beat analysts’ expectations for revenue.
Intel to cut 15% of workforce, reports quarterly guidance miss
Intel will say goodbye to 15,000 employees, cut capital expenditures and forgo a fourth-quarter dividend following weak results and quarterly guidance.
Amazon’s advertising business grew 20% in the second quarter
Amazon’s online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase, but missing analysts’ estimates.
Snap shares plunge more than 20% on weak guidance
Snap issued a forecast for the third quarter that trailed analysts’ estimates.
Here’s everything you need to know about Friday’s big jobs report
A gradual slowdown in the economy and Hurricane Beryl are expected to have taken some of the steam out of hiring in July.
Elon Musk sued by ex-CNN anchor Don Lemon over canceled X deal
The deal to host “The Don Lemon Show” on X was scrapped after the taping of its premiere episode, a one-on-one interview with Elon Musk.
