The cloud giant's record quarter came with a reminder of just how expensive its artificial intelligence build-out has become.

The cloud company's backlog has become a key gauge of AI demand.

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US equity futures advanced, bouncing after Wednesday’s late selloff in tech shares, while a swift end to renewed American strikes on Iran kept oil prices in check. Contracts on the S&P 500 were up 0.8 ...

The markets are still pricing in a belief that the Fed will most likely raise interest rates this year, but have pushed out the expected timing of any hike by a little bit. Before the CPI data, the ...

June 11 : Oracle shares tumbled 12 per cent on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the company's push to build out AI infrastructure ...

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. It feels odd that President Donald Trump tapped a housing expert to oversee the ...

The average 30-year fixed mortgage rate fell to 6.37% this week, down six basis points from 6.43% the week before, according to U.S. News data. Mortgage refinance rates also pulled back this week, ...

It's no secret the Federal Reserve was well behind the curve on raising interest rates in response to inflation in 2021. That doesn't look to be the case today, Ed Al-Hussainy, global rates strategist ...

Concluding its June meeting, the Federal Open Market Committee (FOMC) unanimously decided to keep the federal funds rate within the range of 3.50%-3.75%, where it has ...