AI capital expenditure
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Business
Tech Stocks Plunge Globally as U.S. Inflation Hits 3.7%
A violent repricing of risk swept through global markets Thursday after September inflation data shattered expectations, forcing investors to confront…
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Business
Alphabet Plans to Top $200B AI Spending as Chip Stocks Tumble
Semiconductor shares across Asia cratered Tuesday after Broadcom CEO Hock Tan warned that enterprise artificial intelligence spending resembles gambling more…
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Business
Fed Raises Rates as Inflation Pressure Broadens
WASHINGTON — The Federal Reserve raised its benchmark federal funds rate by a quarter percentage point on Wednesday, bringing the…
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