Tag: fast
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Google increases capex forecast again after cloud-driven quarterly beat
July 22 : Alphabet on Wednesday reported its best-ever quarter of growth for its cloud computing division, but faced investor scrutiny after concerns about continued delays to its flagship AI model were aggravated by a $15 billion increase in capital spending plans for 2026.The search giant now expects to spe
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Texas Instruments forecasts upbeat revenue on analog chip demand
July 22 : Texas Instruments forecast quarterly revenue above Wall Street estimates on Wednesday, signaling that spending on AI infrastructure and a recovery in industrial and automotive markets are boosting demand for analog chips.Tech companies have been investing aggressively in AI, pouring money into data-
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IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spending
July 22 : IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers.The company also missed profit and revenue expectations for the secon
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Google increases capex forecast again after cloud-driven earnings beat
July 22 : Alphabet on Tuesday reported its best-ever quarter of growth for its cloud computing division, but faced investor scrutiny after concerns about continued delays to its flagship AI model were aggravated by a $15 billion increase in capital spending plans for 2026.The search giant now expects to spend
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Trading Day: $100 oil looms
ORLANDO, Florida, July 22 : The Nasdaq fell on Wednesday, dragged down by software stocks ahead of some major tech earnings reports, while deepening conflict in the Middle East pushed oil prices sharply higher again and Brent crude closer to the $100 a barrel mark. In my column today, I look at the yen’s sli
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Arsenal defender Saliba out for extended period, says club
July 22 : Arsenal and France defender William Saliba will be sidelined for an extended period after suffering a back injury during the World Cup, the Premier League club said on Wednesday.Saliba was hampered by the injury throughout the tournament in the United States, limiting his training, before he was sub
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Google beats quarterly revenue expectations off of enterprise AI surge
July 22 : Alphabet topped Wall Street estimates for its second-quarter revenue, buoyed by continued strong demand for its cloud computing services from enterprises worldwide.Revenue at Google Cloud rose 82 per cent to $24.8 billion during the quarter ended June, accelerating from the 63 per cent jump reported
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Texas Instruments forecasts quarterly revenue above estimates
July 22 : Texas Instruments forecast quarterly revenue above analysts’ estimate on Wednesday, signaling a recovery in industrial chip demand and growing momentum for its AI data center chips.While TI does not make the high-performance AI processors such as those from Nvidia, it produces analog chips that mana
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Argentina assistant Ayala says sorry for Olmo incident after World Cup final
July 22 : Argentina assistant coach Roberto Ayala apologised on Wednesday for his altercation with Spain midfielder Dani Olmo in the chaotic aftermath of the World Cup final, as FIFA investigates the post-match brawl that marred Spain’s 1-0 victory.Television footage showed Ayala confronting Olmo during wild
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IBM cuts yearly revenue growth forecast as customers prioritize AI infrastructure spending
July 22 : IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers.The company also missed profit and revenue expectations for the secon
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