Will the money come rolling in? AI and cloud in spotlight as big tech earnings roll out

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SAN FRANCISCO, Aug 2 — US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificia...

Apple's quarterly profit rose from a year ago, the company said, besting analyst forecasts and giving its shares a boost in after-hours trading.

Amazon said its profit in the recently ended quarter doubled with the help of renewed momentum of its AWS cloud computing business.

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Category: EconomyBusiness

Markets: Malaysia

Topics: Tech giants Microsoft Amazon Apple Artificial intelligence AI Meta Google

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 09:40:43 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 678 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 21892831

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About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

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