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Latest Market News
View All News →Amazon, Meta join fight to end Google Pay, PhonePe dominance in India
PhonePe and Google Pay command 80% of India's UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.
Amazon’s cloud business is surging — and so is its capital spending
The e-commerce giant is making more money than expected from AWS but it's also spending a lot, and will continue to do so in the near term, its chief executive said.
A.I. Spending Sets a Record, With No End in Sight
Google, Amazon, Microsoft and Meta reported more than $130 billion in quarterly capital expenditures on Wednesday as they build A.I. data centers. There’s more to come.
Google Cloud surpasses $20B, but says growth was capacity-constrained
Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.
A.I. Helps Online Ad Businesses Boom
Google and Meta are enjoying a digital ad boom, as artificial intelligence automates marketing and drives record sales.