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Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies

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Megacap technology companies funneled billions of dollars into artificial intelligence last year to try and keep up with unfettered demand. The hype isn't dying...
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Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI

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Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las...
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Alphabet’s quarter, spending guide, commentary give little reason to change our view on the stock

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Shares of Alphabet were under pressure in after-hours trading Tuesday, following the tech giant's quarterly revenue miss and much higher-than-expected 2025 capital expenditure guidance....
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S&P 500 futures are little changed after Monday’s sharp sell-off: Live updates

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Traders work on the floor of the New York Stock Exchange at the opening bell on Jan. 27, 2025 in New York City.Angela Weiss...
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Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history

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Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address...
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Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain

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Hock Tan, CEO of Broadcom (L) and former CEO of Intel, Pat Gelsinger.Reuters | CNBCIt was a big year for silicon in Silicon Valley...
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S&P 500 rises 1% on Christmas Eve, tech stocks lift the market again: Live updates

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Traders work on the New York Stock Exchange floor on Dec. 18, 2024.Spencer Platt | Getty ImagesStocks jumped Tuesday on Christmas Eve as the...
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Stocks Buoyed as ‘Santa Claus Rally’ Period Begins: Markets Wrap

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(Bloomberg) -- A rally in the group that has led Wall Street’s gains in 2024 lifted stocks in a relatively...
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Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role

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President Donald Trump introduces Broadcom CEO Hock Tan prior to Tan announcing the repatriation of his company's headquarters to the United States from Singapore...
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Jim Cramer evaluates risks of Broadcom strength to Nvidia and Advanced Micro Devices

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Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key...
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Broadcom stock closes up 24%, pushing company past $1 trillion market cap for the first time

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A sign is posted in front of a Broadcom office in San Jose, California, on Dec. 12, 2024.Justin Sullivan | Getty ImagesShares of Broadcom closed...
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Wall Street Tech Rally to Extend as Broadcom Jumps: Markets Wrap

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(Bloomberg) -- US equity futures pointed to a strong end to the week on Wall Street, as a premarket surge...
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