By Haripriya Suresh MUMBAI, Feb 26 (Reuters) - Fears that new artificial intelligence tools could replace large IT services firms are "overblown" as clients still need help deploying and scaling the
The people who know Nvidia, Apple, Alphabet, Microsoft, Amazon, Meta Platforms, and Tesla best are telling a worrisome story.
Nvidia was getting a ton of praise on Thursday after its fourth-quarter earnings beat analysts’ expectations—but the artificial-intelligence chip maker’s stock failed to catch fire ahead of the opening bell. D.A. Davidson analyst Gil Luria wrote in a research note that Nvidia’s results were a “notable beat over expectations,” adding that he sees “no reason to doubt compute-demand given the accelerating trajectory of AI progress.” KeyBanc analyst John Vinh raised some estimates and said that guidance had “solidly exceeded expectations.”
Apple is expanding U.S. manufacturing, including bringing Mac mini production to Houston for the first time. The company is ramping up advanced AI server manufacturing and workforce development through a new Advanced Manufacturing Center. This expansion is part of Apple's broader $600b U.S. investment commitment and is expected to create thousands of American jobs. For investors tracking NasdaqGS:AAPL, this move adds a fresh angle to a company already closely watched for its scale and brand...
The cryptocurrency market staged a sharp turnaround over the past 24 hours, with bitcoin and major altcoins rebounding after weeks of heavy losses.
Nvidia's results beat estimates and suggests that AI demand continues to grow
The iPhone maker is in talks with ICICI Bank Ltd., HDFC Bank Ltd. and Axis Bank Ltd., as it aims to introduce its payment service in India around the middle of 2026, according to people with knowledge of the matter. Apple is also discussing the plan with payment networks Mastercard Inc. and Visa Inc., said the people, who asked not to be named because the deliberations are private.
Feb 26 (Reuters) - Apple is in talks with several Indian banks and global card networks as it prepares to launch its Apple Pay service in India, Bloomberg News reported on Thursday, citing people
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Dow futures fall as Nvidia turned lower late despite strong earnings and guidance. The S&P 500 is back above its 50-day line.
OpenAI has hired Ruoming Pang, a high-profile AI researcher at Meta, who had joined the company from Apple about seven months ago, The Information reported on Wednesday, citing an OpenAI spokesperson. Meta and OpenAI did not immediately respond to Reuters' requests for comment. Pang oversaw artificial intelligence infrastructure for Meta's Superintelligence Labs, which is developing the company's next generation of AI models.
Dividend stocks generate passive income even when the market is falling.
His latest SEC filing reveals that the venture capitalist's hedge fund sold its entire stock portfolio last quarter.
The iPhone maker and its suppliers have begun to develop U.S. manufacturing capabilities for chips, a crucial goal of two U.S. presidents.
Marquee names have trimmed their stakes in iPhone maker Apple.
AI Confidence Quietly Reshapes Capital Flows
The major indices are all up today, but by different amounts. Here's why the Nasdaq is outpacing the Dow.
Even if you are a stock market newbie, there is a better than good chance you know that VOO sits at the center of nearly every personal finance conversation online, not because it is flashy, but because it works. Vanguard S&P 500 ETF (NYSEARCA:VOO) has become the default answer to almost any investing question, from ... VOO Has Made Millionaires, But Its 1.1% Yield Worries Retirees
One of the biggest names in the AI world right now, Taiwan Semiconductor Manufacturing (NYSE:TSM) just raised its annual dividend to at least TWD 23 per share in 2026, up from TWD 18 in 2025, a roughly 28% increase, while guiding for 38% revenue growth in Q1 2026. The question is whether the geopolitical risk ... TSMC Raises Dividend 28% While 38% Revenue Growth Reframes the Geopolitical Risk
Samsung Electronics on Thursday launched its flagship Galaxy S26 smartphones with higher prices for some models in the United States and South Korea, testing demand as soaring memory chip costs pressure margins. The rollout, which integrates Perplexity's AI features along with Google's Gemini and an upgraded Bixby, follows Samsung's loss of smartphone leadership last year to Apple, which benefited from strong iPhone demand in China and India. A global push by firms such as Meta, Google and Microsoft to build AI infrastructure has absorbed much of memory supply, lifting prices as chipmakers prioritise higher-margin data centre components such as high-bandwidth memory chips over consumer devices.