With the largest cloud and internet companies reporting results this week, it's clear that spending on artificial intelligence is only increasing.
Investors on Friday are reacting to a number of big-name earnings and central bank decisions this week.
Amazon blew past analyst estimates in its third-quarter earnings report and raised its capital expenditures forecast for the year to $125 billion.
"It's in the best interest of America to serve that China market. It's in the best interest of China to have the American technology," the Nvidia CEO said.
"The virtual cycle of AI has been designed, and this is ... the reason why you're seeing the world's capex going so fast," Nvidia CEO Jensen Huang said.
Russia was banned from various cultural and sporting events after it launched a full-scale invasion of Ukraine in 2022.
Pony.ai said it is the first company to get a permit to operate taxis across all of the Chinese city of Shenzhen on the border of Hong Kong.
Global AI companies are stepping up efforts to gain users in India by offering free subscriptions
Investors were spooked by some Big Tech capex plans, with all three major indexes falling Thursday.
Samsung is the latest company to announce a deal with Nvidia, whose chips remain essential for building and deploying advanced artificial intelligence.
Chinese President Xi Jinping played up how Beijing is a proponent of stable supply chains and free trade in a speech Friday.
Disney content, including channels like ABC and ESPN, was removed from YouTube TV as of Thursday, after the two companies failed to renew a contract.
China and the U.S. reached a trade truce, de-escalating tensions that had threatened to push the world's two largest economies into a full-blown trade war.
Investors were spooked by some Big Tech capex plans, with all three major indexes falling Thursday.
Asia-Pacific markets were set for a mixed open as investors weigh the state of the economy after a truce between Donald Trump and Xi Jinping.
The fourth quarter, which runs through the end of September, is the first quarter that includes sales from new iPhone 17 models.
The stock is currently one of 10 stocks in the S&P 500 with a price above $1,000.
AWS revenue accelerated 20.2% to $33 billion, which CEO Andy Jassy said was a pace it hadn't seen since 2022.
Amazon Web Services is the world's top provider of cloud infrastructure, but it's facing intensifying pressure from competitors Google and Microsoft.
Global automakers are bracing for a potential shortage of automotive semiconductor chips sparked by geopolitical tensions between the U.S. and China.
As Chinese President Xi Jinping and U.S. President Donald Trump met Thursday, many people in China cheered the in-person meeting.