Big Tech
Apollo’s Chief Economist Says AI Has Delivered ‘Zero Financial Payoff’ Outside Big Tech
Apollo's chief economist says AI has delivered 'zero financial payoff' outside big tech — the S&P 493 shows flat margins and revenue…
Section
Stock Market
Big Tech
Andy Jassy: AWS Cloud Capacity Is Largely Sold Out Through 2027, With 2028 Filling Up
Andy Jassy says AWS cloud capacity is largely sold out through 2027, with a good chunk of 2028 booked — even $220B…
Big Tech
TSMC Posts a Sixth Straight Record Quarter as AI Demand Outruns the Selloff
TSMC's profit jumped 68.7% to a record NT$763.1 billion in Q3 as AI chip demand lifted revenue past the top of its…
Big Tech
ASML Posts Record €11.7 Billion Quarter — and Says It Still Can’t Build Machines Fast Enough
ASML reported record Q3 sales of €11.7 billion as AI demand pushed customers to ask about 2029 and 2030 orders it cannot…
Big Tech
CXMT’s 4F2 Memory Plan Rattled Samsung, SK Hynix and Micron — Before a Single Chip Has Shipped
CXMT says server DDR5 on a denser 4F2 design arrives by year-end. Samsung fell 7.4% and SK hynix 10.1% — on a…
AI
OpenAI Revenue Nears $50 Billion, Not $70 Billion — and Tech Stocks Felt the Difference
A Financial Times report put OpenAI's annualized revenue near $50 billion rather than the $70 billion investors had penciled in — and…