The Guardian Australia – Business
·business
·1 hour ago
Google Microsoft Amazon report double-digit cloud growth boosting AI confidence
Google, Microsoft and Amazon reported double-digit growth in cloud computing Wednesday, bolstering investor confidence in the AI boom despite Meta's disappointing results. The four Magnificent Seven stocks, which comprise over 30% of the S&P 500, plan to spend $650 billion on AI infrastructure in 2026.
Summary by Glance · The Guardian Australia – Business
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