Artificial intelligence (AI) news

Artificial intelligence is transforming finance. AI algorithms analyse data, predict trends, and automate trading. Companies involved in the development of artificial intelligence are impacting market efficiency and potentially increasing volatility in the global economy.

Apple (AAPL), Amazon (AMZN) Earnings Preview: AI Capital Spending and iPhone Sales in Focus

Apple and Amazon's upcoming Q3 2024 earnings reports are in the spotlight. Market participants are concerned about rising AI capital expenditures impacting profit margins. Can Amazon rebound from a disappointing Q2? Apple iPhone 16 sales in focus after strong debut in China.

31-10-2024 10:53 GMT by Zain Vawda

US Earnings: Reddit, Alphabet Beat Estimates, Nasdaq 100 Retreats with Meta Up Next

Alphabet and Reddit exceed Q3 earnings expectations, driven by strong ad sales and cloud revenue. Microsoft's Q1 FY2025 earnings will be a key indicator of broader AI demand, with Azure and AI services in the spotlight. Could Meta and Microsoft facilitate fresh highs on the Nasdaq 100? Nasdaq 100 remains range-bound ahead of Meta and Microsoft earnings releases.

30-10-2024 10:03 GMT by Zain Vawda