Phys.org – Business

Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs.This post was originally published on this site

Apple on Thursday reported quarterly profit of $23.4 billion, topping forecasts despite concerns about the effect of US tariffs on its supply chain.This post was originally published on this site

Nintendo on Friday said quarterly revenue had more than doubled year-on-year thanks to the Switch 2, which became the world’s fastest-selling console after its launch in early June.This post was originally published on this site

Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia, another artificial intelligence standout.This post was originally published on this site

TikTok on Wednesday rolled out a crowd-sourced debunking system in the United States, becoming the latest tech platform to adopt a community-driven approach to combating online misinformation.This post was originally published on this site

Chinese authorities summoned Nvidia representatives on Thursday to discuss “serious security issues” over some of its artificial intelligence chips, as the US tech giant finds itself entangled in trade tensions between Beijing and Washington.This post […]

Meta’s artificial intelligence spending spree appears to be paying off with investors, who sent the company’s stock soaring after hours on Wednesday following a blowout quarterly earnings report.This post was originally published on this site

Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed $75 billion, up 34% from a year earlier.This post was originally published on this site

If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost workers their jobs.This post was originally published on this site

Japanese electronics and technology company Panasonic has chosen a new chief executive after eking out a 1.2% rise in its first quarter profit.This post was originally published on this site