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State lawmakers in Ohio and other regions are moving to repeal sales-tax exemptions and renegotiate tax deals previously granted to tech giants, including Alphabet's Google. The pushback follows soar…
Microsoft faces growing criticism over opaque financial reporting regarding Azure revenues, massive AI capex, and its OpenAI partnership. By bundling Azure inside Intelligent Cloud, the tech giant ob…
Amazon's AWS revenue surged 37% in Q2 with margins expanding to 38.1%, driven by AI demand. Stock jumped 12% as earnings and revenue beat estimates significantly, backlog hit $496 billion.
Microsoft shares dropped 6.5% after slower-than-expected cloud growth and record AI spending raised investor concerns amid strong competition from Google's Gemini and others.
Wedbush analyst Dan Ives names Microsoft top AI hyperscaler pick for 2026, citing strong enterprise cloud growth despite elevated valuations and execution risks.
Redburn downgraded Amazon to Neutral citing AI infrastructure's poor returns and capital intensity, with value shifting to AI model makers rather than cloud platforms.