Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...

A drawn-out legal fight looms for Elon Musk and Sam Altman as they face an increasingly long courtroom battle over the future ...

Amazon.com Inc. projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company ...

Lawyers for Musk asked a federal judge to block OpenAI’s plan to become a for-profit entity in a highly anticipated court ...

A California federal judge on Tuesday expressed doubt over Elon Musk's "irreparable harm" claims in his lawsuit against Sam ...

A federal judge said it is a “stretch” that Musk and his company xAI suffered “irreparable harm” from OpenAI’s plan to become a for-profit company.

Microsoft Corp on Wednesday reported profits of US$24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business. Revenue grew 12 percent year-on-year ...

Elon Musk’s lawyers faced off with OpenAI in court Tuesday as a federal judge weighed the billionaire’s request for a court ...

WORKDAY is cutting about 8.5 per cent of its workforce, making it the latest technology company to begin 2025 with headcount ...

Meta Platforms and most other U.S. stocks are rising, but drops for Nvidia and Microsoft are weighing on the market.