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Brian Chesky disclosed on an earnings call that artificial intelligence now produces nearly 60 percent of the code written by Airbnb engineers. He said the change is allowing teams to ship features faster while requiring managers to code directly. Chesky's remarks follow similar…
investors.comDatadog stock posted its biggest one-day gain since going public in 2023 after quarterly revenue topped $1 billion for the first time and the company lifted its full-year guidance. The results sent shares of Snowflake and MongoDB up 10% each. Investors pointed to Datadog and Twil…
manilatimes.netWall Street is expecting additional gains in the markets, fueled by robust earnings in the AI sector. Emerging-market assets have also risen in value. This optimism is supported by strong tech earnings and hopes for resumed shipping through the Strait of Hormuz.
BenzingaApple Inc. posted a record March quarter with growth in key segments despite rising component costs. CEO Tim Cook is preparing to step down amid a leadership shift that could reshape shareholder returns. Investor Warren Buffett highlighted Berkshire Hathaway's significant stake i…
Substrate placeholder — needs reviewGoogle, Microsoft and Amazon all exceeded analyst estimates for first-quarter cloud revenue, driven by surging demand for AI services. Google posted its fastest growth on record at 63%, while Amazon and Microsoft also showed robust expansions. The results highlight accelerating A…
The benchmark KOSPI index declined 1.38 percent to close at 6,598.87 on April 30, 2026, amid rising oil prices and the U.S. Federal Reserve's decision to maintain interest rates. Foreign investors sold off shares while retail and institutional buyers stepped in. Tech and auto sto…
rigzone.comU.S. stock futures remained largely unchanged as investors awaited the Federal Reserve's interest rate decision and earnings reports from major tech companies. Oil prices surged due to reports of an extended U.S. blockade on Iran. Morgan Stanley revised its forecast, expecting th…
Microsoft CEO Satya Nadella detailed the company's revised partnership with OpenAI during an earnings call, highlighting retained access to advanced AI without payments. The deal follows OpenAI's new collaborations, including with Amazon. Microsoft's AI business reported a $37 bi…
Alphabet reported $109.9 billion in Q1 2026 revenue, beating expectations and driving its stock over 5% higher to a record level. PC Connection announced expectations to outperform the U.S. IT market by 200 basis points in 2026 amid a backlog peak. Microsoft forecasted $190 billi…
FortuneAlphabet, Amazon, Meta, and Microsoft disclosed combined first-quarter capital expenditures exceeding $130 billion, driven by AI infrastructure. The companies project over $700 billion in AI spending for 2026, up from $410 billion in 2025. Stock reactions varied, with Meta and Mi…
The GuardianU.S. stock markets advanced following strong quarterly profits from companies like Alphabet, despite volatile oil prices driven by the ongoing war with Iran. Global markets showed mixed responses, with European indexes climbing and Asian markets varying. Tech giants increased AI…
ndtv.comMicrosoft and Meta are scheduled to report quarterly earnings after market close, with analysts expecting strong results despite challenges from higher energy prices linked to the war in Iran. Broader market futures point higher as investors eye capex forecasts for AI buildouts.…
U.S. stocks are soaring as investors anticipate a pivotal week. The upcoming period features tech-led earnings reports and a Federal Reserve meeting. Reuters published an article highlighting these developments.