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Amazon, Alphabet, Microsoft and Meta plan to spend more than $700 billion on building AI this year, they announced in quarterly results. There's something in here for both the AI boosters and the sceptics, Russ Mould of AJ Bell told Reuters

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A global selloff rippled through markets as investors grew uneasy about stretched valuations in high-flying tech names. Russ Mould from AJ Bell told Reuters that after an extraordinary run, some valuations are starting to look extended

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Wall Street ended higher, lifted by Amazon as the tech heavyweight's strong quarterly report bolstered investor confidence in AI-related stocks, while Apple dropped after its results disappointed investors
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51,350 görüntüleme • 16 gün önce

Global markets are growing more concerned about economic growth after President Trump dimmed hopes for a quick resolution to the Iran war. AJ Bell’s Russ Mould said rising oil prices are putting pressure on corporate margins and consumer wallets
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SK Hynix earmarked at least $31 billion in capital spending this year after reporting a six-fold surge in quarterly profit. Yet the Korean company’s shares fell, reflecting both the sky-high expectations surrounding the AI industry’s linchpins and the growing concerns that big tech firms are building more data centers than they need.
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SK Hynix earmarked at least $31 billion in capital spending this year after reporting a six-fold surge in quarterly profit. Yet the Korean company’s shares fell, reflecting both the sky-high expectations surrounding the AI industry’s linchpins and the growing concerns that big tech firms are building more data centers than they need.

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