After a long wait, a top tech fund manager is spotlighting his favorite picks in the tech sector. Tony Wang, the wizard behind T. Rowe Price's science and technology strategy, sees a thrilling shift happening. He believes companies are now focusing more on software and app developers who are busy launching and integrating AI products. This change in focus comes after...
Google, part of Alphabet Inc. , is making big money, mostly thanks to its search engine. In the last three months of the year, Alphabet made $26. 3 billion, which is 34% more than last year. And their sales went up by 15% to $88. 27 billion. This growth is partly because Google is investing heavily in artificial intelligence (AI). Google is spending a lot on AI to st...
It's Halloween season, and the tech world is about to reveal its biggest secrets. Major players like Google, Microsoft, and Meta are set to report their earnings, showing whether their massive investments in artificial intelligence (AI) are paying off or just wasting cash. This earnings quarter, dubbed the "show me the money" period by analysts, comes at a critical t...
Microsoft has been making headlines for laying off over 2, 500 gaming division workers this year. Meanwhile, the company's CEO, Satya Nadella, received a massive $79 million bonus. This bonus is a significant increase from last year's $48. 5 million. The company, now worth a staggering $3 trillion, attributes this success to investments in AI and dominance in workpla...