CEO is spending aggressively to secure AI infrastructure dominance despite 77% CapEx growth that crushed free cash flow to $1.2 billion. Amazon’s AWS grew 28% YoY at its fastest pace in 15 quarters while operating margins beat at 13.

A lot has happened since late October, when OpenAI completed its recapitalization, giving Microsoft a 27% stake in the for-profit side of the artificial i

A blowout cloud quarter, an enormous backlog, and an accelerating chips business may have just shifted the trillion-dollar race in a meaningful way.

Alphabet, Amazon, Meta and Microsoft —are set to report their latest quarterly results after Wednesday's closing bell.

SAN FRANCISCO — Amazon moved quickly Tuesday to capitalize on OpenAI's new relationship status with Microsoft, launching a preview of OpenAI's models on its Bedrock platform less than 24 hours after the ChatGPT maker was freed from its previously exclusive cloud arrangement.

OpenAI has won major concessions from its largest shareholder, Microsoft, that will allow it to sell products on AWS, while Microsoft get more cash in a revenue-share agreement.

Four "Magnificent Seven" companies reported earnings after the market closed on April 29, resulting in a busy night and day, as investors parsed through the reports to determine w

Live Updates Our Live Earnings Coverage Begins Below at 3:30 p.m. ET. - Click to Watch Our Experts Break Down Tonight's Earnings In Real Time Pinned Yesterday Here’s our live video where we’ll be taking questions and reacting to all tonight’s earnings live.