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Amazon reports boost in quarterly profits but misses revenue estimates

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. …

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AI and cloud in spotlight as big tech earnings roll out

US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificial intelligence will fill coffers or drain them. Whi…

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business

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze

Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intell…

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business

Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

Chipmaker Intel says it is cutting 15% of its huge workforce—about 15,000 jobs—as it tries to turn its business around to compete with more successfu…

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