Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com.
Read More Microsoft’s AI lead puts Amazon cloud dominance on watchTag: Alphabet
Wall St gains after Friday sell-off, Mideast tensions subside
Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.
Read More Wall St gains after Friday sell-off, Mideast tensions subsideGoogle terminates 28 employees for protest of Israeli cloud contract
Google said it had terminated 28 employees after some staff participated in protests against the company’s cloud contract with the Israeli government.
Read More Google terminates 28 employees for protest of Israeli cloud contractWall St gains from megacaps thrust; earnings, Fed comments on tap
Wall Street’s main indexes rose on Wednesday, boosted by megacap growth stocks and as corporate results rolled in.
Read More Wall St gains from megacaps thrust; earnings, Fed comments on tapTelegram to hit one billion users within a year, founder says
Billionaire founder Pavel Durov said the messaging app will likely cross one billion active monthly users within a year as it is spreading like “forest fire”.
Read More Telegram to hit one billion users within a year, founder saysExclusive: EU’s new tech laws are working; small browsers gain market share
Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation.
Read More Exclusive: EU’s new tech laws are working; small browsers gain market share