Ted Mortonson News Today

Big Tech aims to harvest new markets with these new spending sprees. But you'll have to trust the companies the investment is worth it.

(Bloomberg) -- Amazon.com Inc.’s “show-me” moment will arrive on Tuesday when its earnings become the latest litmus test on appetite for heavy artificial intelligence spending.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for 390 Minutes a Day....

Companies just can’t stop talking about their plans to cut jobs. A recent Bloomberg analysis found that the rate of mentions of layoffs in quarterly earnings

Companies with strong profits are letting workers go to prove to Wall Street that they're serious about cutting costs and becoming more efficient.

Nvidia reports its Q4 financial results after markets close on Wednesday. The chipmaker has forecast major revenue gains.

These companies look best positioned to benefit as cyberattacks using artificial intelligence grow more sophisticated.

Greater focus on capital returns will help contribute to shareholder value over time and is better than holding onto excess cash on the balance sheet. Angelo Zino said.

“There is a huge push toward generative AI, and Microsoft is holding a tremendous number of the cards with its offerings,” said Ted Mortonson, technology desk…

The stock rose as much as 1.7% to $405.63.

Silicon Valleys Big 4 tech companies are thriving on Wall Street, with Meta surpassing $1 trillion in value, Microsoft briefly reaching $3 trillion, and Google hitting an all-time stock high. We take a look.