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2 stories taggedtech stocks.

A close-up, news-editorial photograph of a large printed spreadsheet covered in red negative numbers and cost figures, lying on a polished boardroom table
AI Business

Big Tech Is Spending Hundreds of Billions on AI. So Far, Almost Nobody Is Making Money From It

Google, Meta, Microsoft and Amazon all reported their latest financial results this week. The picture is complicated: enormous AI spending, thin returns, but millions of new users and a few signs the bets might pay off.

3 min read
A wide 16:9 editorial photograph of a large modern stock trading floor seen from above, screens and monitors displaying falling red graph lines and percentage n
AI Business

IBM shares fall 25% after profit warning as tech spending slows

The US technology giant reported just 1% revenue growth for the second quarter, blaming customers who are pulling back on spending. It was the company's worst single-day stock drop in decades.

3 min read
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