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Nasdaq Recovers as Apple Drops on AI News

U.S. stocks closed mixed, with the Nasdaq posting a partial recovery while the Dow dipped lower. Apple fell after news about its AI plans unsettled investors, weighing on broader market sentiment.

Amazon Q1 Tops Estimates; AWS Hits 15-Quarter High

Amazon's Q1 revenue beat Wall Street estimates, with AWS recording its fastest growth rate in 15 quarters. The result signals that enterprise cloud and AI spending is accelerating, strengthening Amazon's position against Microsoft Azure and Google Cloud.

Microsoft Forecasts Strong Cloud Growth, Record Capex

Microsoft has forecast strong cloud business growth and plans record capital spending on infrastructure. The move signals sustained AI-driven demand and could pressure rivals to match investment. Investors will watch whether higher spending compresses margins or accelerates revenue growth.

Tech Pullback Drags S&P 500, Dow, Nasdaq Lower

The S&P 500, Dow, and Nasdaq all fell as a technology sector pullback pressured major indexes. Geopolitical focus on U.S.-Iran negotiations added uncertainty without a clear directional catalyst for markets. Investors are monitoring both tech valuation pressure and potential oil market shifts tied to diplomatic develop

Wipro Launches Rs 15,000 Crore Buyback at 19% Premium

Wipro has announced a Rs 15,000 crore share buyback at a 19% premium to market price, its first such program in over five years. The move signals a significant return of capital to shareholders and is likely to lift earnings per share by reducing shares outstanding.

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tech-sector

Amazon Q1 revenue tops estimates as AWS hits 15-quarter growth high

Amazon's Q1 revenue beat Wall Street estimates, with AWS recording its fastest growth rate in 15 quarters. The result signals that enterprise cloud and AI spending is accelerating, strengthening Amazon's position against Microsoft Azure and Google Cloud.

1mo ago · 2 min · Markets

Microsoft expects strong cloud business growth, plans record capital spending

Microsoft has forecast strong cloud business growth and plans record capital spending on infrastructure. The move signals sustained AI-driven demand and could pressure rivals to match investment. Investors will watch whether higher spending compresses margins or accelerates revenue growth.

2mo ago · 1 min · Markets

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