Amazon’s Cloud Growth Hits Five-Year High, but Profit Miss and Spending Plans Hit the Shares
Amazon’s cloud business is growing faster than at any time in nearly five years. Investors, worried about the cost of that growth, were not impressed....
Tag : free cash flow
Microsoft Rewarded, Alphabet Punished as Investors Weigh the Cash Cost of Cloud Growth
Two technology giants reported booming cloud businesses on Wednesday, and investors sent their shares in opposite directions. Microsoft rose, while Alphabet slid by around a...
Alphabet and Microsoft Report Today as Investors Weigh the Cost of the AI Build-Out
Two of the world’s most valuable technology companies report quarterly results after the US market close today. The numbers will test whether enormous spending on...
Nvidia Adds Record $150 Billion to Share Buyback Programme
Nvidia has handed shareholders a fresh vote of confidence, authorising an additional $150 billion for share repurchases in what the company describes as the largest...