Microsoft spent $22.6bn on capital expenditure in the second quarter of the year, as mammoth spending on artificial intelligence persists. The Seattle-based group said in a blog post earlier this month that this fiscal year it would spend an estimated $80bn to build out the data centre infrastructure necessary to train AI models and deploy applications,
Meta and Tesla rally after-hours, while Microsoft slides. Stock futures edge higher—will the gains hold? Full market analysis inside.
LinkedIn founder Reid Hoffman has been immersed in Silicon Valley since his August 1967 birth in Palo Alto, California, in the shadow of Stanford University, where he and fellow technology luminary Peter Thiel became friends as college students during the 1980s.
Shares in Tesla have experienced a volatile 24 hours, initially dropping 2.2% in the wake of disappointing earnings, before rising 4% in pre-market trading as investors focused on the company's ambitious production plans rather than its weaker financials.
In January 2025, a post about tech billionaire Elon Musk, purportedly written by someone who knew him for years, was shared widely online. Philip Low, a scientist and founder of NeuroVigil, a company that developed a portable brain activity monitor,
In this anti-scam guide, CR shows you how to avoid getting ripped off as fraudsters use more sophisticated technology to trick you out of your money.
Uncover facts about Shivon Zilis' husband and her relationship with Elon Musk. Learn about her journey from Canada to becoming a top tech exec in the US.
A former friend and colleague of Elon Musk has shared a brilliant takedown of the billionaire, perfectly breaking down his character.
Today, Coleman runs Tiger Global Management, a hedge fund and venture capital firm. At the end of the third quarter, the fund held 45 stocks valued at roughly $23.4 billion. Coleman clearly prioritizes fast-growing tech and artificial intelligence (AI) stocks, which is why 45% of Tiger Global's equities portfolio is invested in just five AI stocks.
Tesla Inc.’s quarterly results this week drove home the lesson that profit and sales numbers don’t seem to matter much for this stock anymore. Instead, it’s Elon Musk’s narrative that’s wooing investors at the moment.
Shares of Tesla ( TSLA 4.28%) were moving higher today, overcoming a weak earnings report after CEO Elon Musk spent much of the earnings call pumping up the stock and making big promises about autonomy. As of 1:11 p.m. ET, the stock was up 4.7% on the news.
CDK Global settled antitrust claims for $630 million amid data access disputes. The Trump administration seeks a Supreme Court review of California’s emissions standards. U.S. Transportation Secretary Sean Duffy moves to reconsider fuel economy standards.