Apple is spending more on AI, but remains far behind its Silicon Valley peers
Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024.Source: AppleThe topic of greatest interest to ...
Tag: Spending
Meta’s advertising growth is proof that hefty AI spending is already paying off
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on "The Circuit with Emily Chang" at Meta ...
Chinese EV startups are spending more on research than Tesla is
Nio's second factory in the city of Hefei has around 2,000 human workers and 756 robots.CNBC | Evelyn ChengBEIJING – ...
Infosys posts better Q1 growth but discretionary spending is yet to pick up
ET Intelligence Group: Among the top three software exporters who have declared first quarter numbers so far, Infosys delivered better ...
The ‘funflation’ effect: Why Americans are spending on travel and entertainment
Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment.But this summer it ...
Jamie Dimon says government spending has been ‘so extraordinary’ in the past five years he’s bracing for an economy of high inflation and unemployment
It seems JPMorgan CEO Jamie Dimon can’t see a way ahead for the U.S. economy that doesn’t end in stagflation. ...
Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending
Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder ...
Mastercard Q1 Results: Profit beats St expectations as consumer spending defies inflation worries
Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by consumers despite rising borrowing ...
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Amy Hood, chief financial officer at Microsoft, speaks during a presentation on affordable housing in Bellevue, Washington, on Jan. 17, ...
Meta tumbles 11% on weak revenue forecast and Zuckerberg’s comments on spending
Meta shares tumbled 11% Thursday afternoon, on pace for their worst day since October 2022, after the company issued weak ...
