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AI Boom Causes Resource Shortages Across Industries

AI Boom Causes Resource Shortages Across Industries

AI Boom Causes Resource Shortages Across Industries
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Dow Jones Surpasses 50,000 Amid Volatile Week on Wall Street

Dow Jones Surpasses 50,000 Amid Volatile Week on Wall Street

Dow Jones Surpasses 50,000 Amid Volatile Week on Wall Street
Reuters Reuters
Amazon sees 50% boost to capital spending this year; shares tumble

Amazon sees 50% boost to capital spending this year; shares tumble

By Deborah Mary Sophia and Greg Bensinger Feb 5 (Reuters) - Amazon.com on Thursday projected a jump of more than 50% in capital expenditures this year, joining its Big Tech peers in adding new expenses as they race to build out artificial-intelligence infrastructure.
Reuters Reuters
Futures stabilize after tech rout, Amazon slides on AI capex lift

Futures stabilize after tech rout, Amazon slides on AI capex lift

Feb 6 (Reuters) - U.S. stock index futures steadied on Friday after a bruising selloff in technology shares earlier this week, while Amazon dropped as it became the latest Big Tech company to crank up its spending toward artificial-intelligence initiatives.
Reuters Reuters
Big Tech's quarter in four charts: AI splurge and cloud growth

Big Tech's quarter in four charts: AI splurge and cloud growth

By Harshita Mary Varghese and Anhata Rooprai Feb 6 (Reuters) - U.S. tech giants have predicted their spending would surge this year as they double down on artificial intelligence, sharpening investor scrutiny over whether these costly bets would generate enough returns to justify the sector's high
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Amazon Leads Big Tech Sell-Off Amid AI Spending Concerns and Market Valuation Drop

Amazon Leads Big Tech Sell-Off Amid AI Spending Concerns and Market Valuation Drop

Amazon Leads Big Tech Sell-Off Amid AI Spending Concerns and Market Valuation Drop
Reuters Reuters
AI trade splinters as investors get more selective

AI trade splinters as investors get more selective

(Updates to give better example in paragraph 3) By Lucy Raitano LONDON, Feb 6 (Reuters) - The global AI trade is starting to fracture as soaring capex, rising debt loads and doubts over who will profit from the technology force investors to draw sharper lines.
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Tech Stocks Rebound as Wall Street Recovers from AI-Induced Sell-Off

Tech Stocks Rebound as Wall Street Recovers from AI-Induced Sell-Off

Tech Stocks Rebound as Wall Street Recovers from AI-Induced Sell-Off
AP News AP News
Wall Street bounces back as tech stocks recover some losses and bitcoin stops plunging

Wall Street bounces back as tech stocks recover some losses and bitcoin stops plunging

U.S. stocks are bouncing back from big swings that pummeled them this week
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Nvidia CEO Jensen Huang Asserts $660 Billion AI Infrastructure Investment is Sustainable

Nvidia CEO Jensen Huang Asserts $660 Billion AI Infrastructure Investment is Sustainable

Nvidia CEO Jensen Huang Asserts $660 Billion AI Infrastructure Investment is Sustainable
Reuters Reuters
Biogen forecasts annual profit above estimates as Leqembi sales pick up

Biogen forecasts annual profit above estimates as Leqembi sales pick up

Feb 6 (Reuters) - Biogen forecast 2026 profit above Wall Street estimates on Friday, banking on demand for newer medicines and its Alzheimer's treatment Leqembi as older multiple sclerosis drugs battle pressure from cheaper versions.
Reuters Reuters
Reddit forecasts revenue above estimates as AI fuels ad sales

Reddit forecasts revenue above estimates as AI fuels ad sales

Feb 5 (Reuters) - Reddit forecast first-quarter revenue above Wall Street estimates on Thursday, as artificial intelligence-powered enhancements to its ad platform help the social media platform draw more marketers, sending its shares up 10% in extended trading.