Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.

Apple’s iPhone sales fell in the all-important December quarter, a sign that its artificial-intelligence software has yet to kick off a new cycle of growth for its most valuable product.On Thursday, Apple reported that iPhone sales for the quarter were down nearly 1% from the prior year to $69.

Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.

Discover DeepSeek's foundation, its disruption in AI tech, explore the privacy issues, and see how it compares to giants like ChatGPT.

Investors rallied behind International Business Machines’ artificial-intelligence strategy, driving the stock up after the company released its latest quarterly earnings Wednesday. The tech company said it has taken an open-innovation approach to artificial intelligence,

A team of scientists at the University of Toronto have successfully implemented AI tools to speed up the process of discovering new possible cancer treatments, from years to just a month.

Just as much as chip stocks were getting hammered after Chinese startup DeepSeek's AI progress sent the broader market into a tailspin on Monday, shares of companies powering the AI revolution were plunging as investors questioned data centers' actual power demand.

Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic data, and geopolitical uncertainty.

Intel Corp. saw further declines in revenue during the latest quarter but beat its guidance on a closely watched margin number, signaling some financial recovery in the business as Chips Act money began flowing. However, the company provided a first-quarter outlook that was below expectations for both the top and bottom lines.

Buffer ETFs, also known as defined-outcome ETFs, use options contracts to limit losses while capping upside potential for the indexes they track. This type of fund has become particularly popular since 2022, when the Federal Reserve hiked interest rates to combat inflation, sending the stock market into a tailspin.

KLA's profit rose in its second quarter and revenue hit the upper end of what the company had previously expected. Shares increased about 4% to $771.10 after markets closed. The stock is up 24% over the past 12 months.

EPS of $2.40, up 10% from a year ago and above the FactSet consensus of $2.35. Revenue grew 4% to $124.30 billion, to top the FactSet consensus of $124.26 billion and extend its streak of top-line beats to eight quarters.