Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
Discover DeepSeek's foundation, its disruption in AI tech, explore the privacy issues, and see how it compares to giants like ChatGPT.
Apple’s iPhone sales fell in the all-important December quarter, a sign that its artificial-intelligence software has yet to kick off a new cycle of growth for its most valuable product.On Thursday, Apple reported that iPhone sales for the quarter were down nearly 1% from the prior year to $69.
Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.
Investors rallied behind International Business Machines’ artificial-intelligence strategy, driving the stock up after the company released its latest quarterly earnings Wednesday. The tech company said it has taken an open-innovation approach to artificial intelligence,
A team of scientists at the University of Toronto have successfully implemented AI tools to speed up the process of discovering new possible cancer treatments, from years to just a month.
Just as much as chip stocks were getting hammered after Chinese startup DeepSeek's AI progress sent the broader market into a tailspin on Monday, shares of companies powering the AI revolution were plunging as investors questioned data centers' actual power demand.
Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic data, and geopolitical uncertainty.
KLA's profit rose in its second quarter and revenue hit the upper end of what the company had previously expected. Shares increased about 4% to $771.10 after markets closed. The stock is up 24% over the past 12 months.
CNN’s Matt Egan reports on a new Chinese AI model called R1, which was created by the company DeepSeek. The R1 model is causing US stocks to drop and is raising questions about US dominance in AI.
FactSet, a global financial digital platform and enterprise solutions provider, today announced the launch of Pitch Creator, a groundbreaking GenAI-powered solution designed to revolutionize pitchbook creation for investment banks.
Celestica (NYSE: CLS) is an electronics manufacturing services (EMS) company. It also specializes in data centers and AI infrastructure. The stock has been one of the most stellar names on the stock market and delivered 1,300%+ gains since the end of September 2022 to its peak in late January 2025.