Saturday, August 3, 2024

Microsoft, Alphabet, Amazon, and Meta boosted capex by 50% to a total of $106B in H1 2024, as they build AI infrastructure and pledge more investment hikes (Financial Times)

Financial Times:
Microsoft, Alphabet, Amazon, and Meta boosted capex by 50% to a total of $106B in H1 2024, as they build AI infrastructure and pledge more investment hikes  —  Technology stocks have been volatile as Microsoft, Meta, Amazon and Google report huge increases in their investments in artificial intelligence



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Analysts: Nintendo and Sony are heading into the holiday season with little to offer consumers; the Switch is now seven years old and $700 PS5 Pro is overpriced (Financial Times)

Financial Times : Analysts: Nintendo and Sony are heading into the holiday season with little to offer consumers; the Switch is now seven...