Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
AMD Unveils Helios Racks and Venice CPU to Challenge Nvidia in AI Inference
AMD is launching new AI data center hardware, including Helios server racks and a Venice CPU, to compete with Nvidia in inference computing.
Peacock Posts First Quarterly Profit, Driven by Live Sports and 2 Million New Subscribers
Comcast announced that Peacock achieved its first-ever quarterly profit, adding 2 million paid subscribers in the April-June period. The mil
STMicroelectronics Q3 Revenue Forecast Misses Estimates Despite Demand Recovery Signs
STMicroelectronics sees chip demand returning but its Q3 revenue forecast of $3.70B fell just short of the $3.72B consensus. The company poi
ServiceNow's AI Products Hit $1B in Contracts, Lifting 2026 Revenue Forecast
ServiceNow announced its AI products exceeded $1 billion in annual contract value, leading to an increased 2026 subscription revenue forecas
Google Cloud Revenue Surges 82% to $24.8B, Lifting Alphabet Past Q2 Sales Estimates
Alphabet topped Wall Street sales expectations thanks to Google Cloud revenue surging 82% to $24.8 billion. AI demand is fueling cloud growt
ServiceNow Lifts 2026 Subscription Forecast Again After Q2 Beat, AI Agents Drive Demand
ServiceNow raised its full-year 2026 subscription revenue forecast after a strong Q2, even as its Q3 outlook came in slightly below estimate
Tesla's Cash Flow Turns Negative as AI Spending Surges
Tesla's free cash flow swung to a $1.1 billion burn in the second quarter, even as deliveries beat expectations and its energy storage busin
Redfin Survey: 53% of Americans Oppose AI Data Centers in Their Neighborhoods
A Redfin survey reveals 53% of Americans oppose data centers near their homes, citing noise, traffic, and high water and electricity use. Th
Chip Stocks Surge as Qualcomm Secures Samsung Deal for Snapdragon Chips
Chip stocks led the tech sector higher after Qualcomm revealed Samsung will use its Snapdragon processors across a new lineup of devices. Th
BofA Sees Amazon Q2 Beat on AWS AI Demand; Prime Day May Cloud Q3 Outlook
Bank of America expects Amazon's Q2 results to top Wall Street forecasts, driven by faster AWS growth from AI workloads. However, Prime Day'
Amazon Cuts AGI Team Roles but Reaffirms AI Model Building as Top Priority
Amazon has cut roles in its artificial general intelligence (AGI) group, according to Reuters, following larger layoffs in January. The comp
AMD Bets Up to $5 Billion on Anthropic in AI Server Deal Worth Tens of Billions
AMD is investing up to $5 billion in Anthropic and selling the AI startup tens of billions of dollars worth of servers. The deal highlights