Microsoft and Meta continue to increase investment in AI, with cloud spending reaching a new historical high. | AI Dehydration

According to market consensus expectations, global cloud vendor capital expenditures are expected to reach $227 billion in 2024, a year-on-year increase of 39%, reaching a historical high. AI chips, AI networks, HBM memory and server CPUs will benefit.

wallstreetcn03:44 ET

S&P 500 Logs Worst Weekly Decline Since April; Investor Optimism Falls Further

The CNN Money Fear and Greed index showed a further decline in the overall market sentiment, while the index remained in the "Neutral" zone on Friday.U.S. stocks closed lower on Friday, with the Dow

Benzinga03:31 ET

Verizon, SAP And 3 Stocks To Watch Heading Into Monday

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Verizon Communications Inc. (NYSE:VZ) to

Benzinga02:56 ET

Top Wall Street Forecasters Revamp Verizon Expectations Ahead Of Q2 Earnings

Verizon Communications Inc. (NYSE:VZ) will release its financial results for the second quarter, before the opening bell on Monday, July 22.Analysts expect the New York-based company to report

Benzinga01:57 ET

Alphabet Q2 Earnings Preview: AI Developments, Advertising and Cloud Computing as Key Focus

is set to release its Q2 earnings report on July 23, investors will focus on AI developments, capital spending plans, and ad spending in second-quarter. Google stock has climbed 27% in 2024 as investor fervor over generative artificial intelligence drives big gains in technology companies.

Moomoo News Global21:41 ET

Megacaps Must Boost Guidance to Thwart 'Epic' Momentum Reversal

Seeking Alpha17:59 ET