Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019. Michael Short | Bloomberg | Getty Images All three top cloud infrastructure providers surpassed analyst estimates in earnings reports late Wednesday, but Google was the standout, generating its fastest growth rate on record. Google is chasing Amazon…
Amazon on Wednesday posted better-than-expected earnings and revenue for the first quarter, and reported cloud sales that topped analysts’ expectations. The stock was up more than 4%, after bouncing around in extended trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $2.78 vs. $1.64 Revenue: $181.52 billion…
Oracle Corporation rings the Opening Bell at the New York Stock Exchange on Feb. 3, 2026. NYSE Oracle‘s stock surged 11% as software shares, beaten down by artificial intelligence disruption fears, clawed back some year-to-date losses. Adobe jumped about 6%, while Salesforce rallied 5%. ServiceNow, HubSpot, and Workday rallied more than 7% each. Cybersecurity stocks…
CoreWeave announced Friday that it has entered a multi-year agreement with Anthropic to power its Claude artificial intelligence models as demand for infrastructure continues to climb. Shares of the neocloud climbed 11% following the news. “With the addition of Anthropic, nine of the leading ten AI model providers now leverage CoreWeave’s platform, reflecting the growing…
Arda Kucukkaya | Anadolu | Getty Images Meta has committed to spending an additional $21 billion on AI cloud infrastructure from CoreWeave, which comes on top of a prior arrangement of $14.2 billion, as the social media company continues to ramp up its investments in artificial intelligence. CoreWeave also said Thursday it would raise $3…
Microsoft’s Vice Chair and President Brad Smith (L) and Japan’s Prime Minister Sanae Takaichi pose before their meeting at the Prime Minister’s Office in Tokyo on April 3, 2026. Kazuhiro Nogi | Afp | Getty Images Shares of Sakura Internet surged as much as 20.2% Friday after Microsoft said it has begun discussions with the…
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle stock traded flat on Wednesday as the multinational tech conglomerate looked to cut thousands of jobs to free up cash to build artificial intelligence data…
A tablet screen displays a portrait of Jeffrey Epstein beside the U.S. Department of Justice website page titled Epstein Library, Feb. 11, 2026. Veronique Tournier | Afp | Getty Images A victim of notorious sex predator Jeffrey Epstein filed a class action lawsuit Thursday on behalf of herself and other survivors against the Trump administration…
CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City. Michael M. Santiago | Getty Images A federal judge in San Francisco granted Anthropic’s request for a preliminary injunction in its lawsuit against the Trump…
Amazon Web Services said it was once again experiencing service disruptions in Bahrain on Monday due to drone activity amid the ongoing conflict in the Middle East. “We are working closely with local authorities and prioritizing the safety of our personnel throughout our recovery efforts,” a spokesperson said in a statement shared with CNBC. AWS…
