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Intel Slides After Tepid Forecast Shows Comeback Challenges

(Bloomberg) -- Intel Corp., the biggest maker of personal computer processors, tumbled in late trading after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapJavier Milei Fuels Wild Ra

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Microsoft says cloud AI demand exceeds supply despite spending surge

Microsoft has more demand than supply for running artificial intelligence models in the cloud.

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Microsoft shares jump 4% after the AI winner delivers in right places

Once again, Microsoft touted share gains as more and more customers used Azure's platforms and tools to build their own AI solutions.

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Alphabet tempers worries that it's falling behind in AI in Q1 results

Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.

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Asia markets live updates: Tokyo inflation, BOJ rate decision

The BOJ is expected to hold its benchmark policy rate at 0%-0.1%, but investors will look if the bank addresses the weakening yen.

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Big Tech Surges in Late Hours on Blowout Earnings: Markets Wrap

(Bloomberg) — The world’s largest technology companies soared in late trading as stellar results from Microsoft Corp. and Google’s parent Alphabet Inc. fueled confidence in Wall Street’s most-influential group. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) climbed 1.2% after the close of regular trading. In a sigh of relief to investors…

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US close: Rising yields hit stocks as inflation proves sticky in Q1

US stocks fell sharply on Thursday after data confirmed the stickiness of inflation in the first quarter despite a drop in economic growth which pushed bond yields to their highest in six months.

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Intel's stock slides on weak forecast

Intel's stock slides on weak forecast - SiliconANGLE

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US Megacaps to Lead Stock Rally Until Real Rates Bite, Says BofA

US Megacaps to Lead Stock Rally Until Real Rates Bite, Says BofA
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Alphabet Joins $2 Trillion Club

Alphabet Inc. (NASDAQ: GOOGL), helped by strong earnings, will pass the $2 trillion market cap at the opening of trading. The only companies ahead of it are…

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