Business Technology

Microsoft’s earnings came amid growing concerns about slowing profits in its education business

Microsoft (MSFT.O) Open in new tab When the technology group reports earnings on Tuesday, investors will face one big question: Is the growth of its Azure cloud computing business worth it? Spending billions of dollars to build AI infrastructure? Microsoft is said to be the first company to make money in artificial intelligence thanks to […]

Business Investment Technology

AI fever is driving Nvidia to become the world’s most valuable company

NEW YORK: NVIDIA has become the world’s most valuable company thanks to a staggering rise in its share price, highlighting how investors believe artificial intelligence will play a huge role in the global economy in the coming years. Nvidia shares rose 3.5% on Tuesday (June 18), giving it a market capitalization of about $3.34 trillion. […]

Business Finance Technology

Global stocks rise, Europe Calm

Global shares edged higher on Tuesday as a tense calm spread across Europe, with traders awaiting comments from a host of U.S. Federal Reserve officials, but the Australian dollar strengthened after the central bank kept interest rates unchanged and warned of inflation. The European stock index STOXX 600 rose 0.2 percent, while the French benchmark […]

Technology

Customer says his new Note 7 phone burst into flames

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