- Bloomberg
Tech Giants Start to Treat Southeast Asia Like Next Big Thing
(Bloomberg) -- Long considered a tech hinterland, Southeast Asia is fast emerging as a center of gravity for the industry.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsJim Simons, Code Breaker Who Mastered Investing, Dies at 86Ackman Scolded Over DEI Views at Closed-Door Milken SessionIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealThe CEOs of Apple Inc., Microsoft Corp.
- Benzinga
AI Revolution 'On the Doorstep:' The 'Tidal Wave' Is Well Underway, Analyst Says
The recent earnings season has made it abundantly clear that the AI revolution is not just knocking on the door but has forcefully entered the tech world. The impressive results from tech giants such as Microsoft Corp. (NYSE:MSFT), Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG) and Amazon.com Inc. (NASDAQ:AMZN) underscored this transition, according to Daniel Ives, an equity analyst at Wedbush. These companies have reported “eye-popping capital expenditure numbers,” initiating an “AI tidal wave” in s
- Benzinga
Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets
It's been a quiet week in the markets, marked by a dearth of major economic news and a consistent flow of positive indicators from the first-quarter earnings season. As of May 7, 424 companies in the S&P 500 have disclosed their earnings, with 78% surpassing earnings expectations and 61% exceeding revenue forecasts. The S&P 500 continued its upward trend, marking its third consecutive week of gains and nearly recouping losses from April, while the Dow Jones boasted eight consecutive sessions in
