Wall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though…
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Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though…
Wall Street’s main indexes opened lower on Thursday (Feb 5) as investors fretted over Alphabet’s spending plans and Qualcomm’s downbeat…
Meta Platforms has been spending too aggressively on artificial intelligence (AI) infrastructure and that will affect the tech giant’s…
INVESTORS are increasingly favouring US companies that channel capital towards AI innovation over those offering traditional shareholder…
Profits of Japanese firms are likely to fall this year because of US tariffs, leading them to downgrade capital expenditure plans, the…
The received wisdom in corporate America is that to you need to spend money to make money. And that’s true enough. But exactly how much…
PRIME US Reit, which focuses on office buildings in the US, saw its distribution per unit (DPU) fall 51.6 per cent to 0.11 US cent for the…
YouTube, the internet’s biggest streaming video platform, delivered a healthy 13.8% increase in global ad revenue for the year-end 2024…
BYTEDANCE, the Chinese owner of TikTok, has earmarked over 150 billion yuan (S$27.9 billion) in capital expenditure for this year, much of…