Dow Jones Futures: Stock Market Rally Has Solid DAy; Reddit, AI Plays Lead Earnings Movers Late

Dow Jones Futures: Stock Market Rally Has Solid DAy; Reddit, AI Plays Lead Earnings Movers Late

Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures. Coupang (CPNG), Arista Networks (ANET) and recent IPOs Reddit (RDDT) and Astera Labs (ALAB) were among the notable earnings reports. X The stock market rally was narrowly mixed on Tuesday. Palantir (PLTR) and Datadog (DDOG) weighed on software plays, but a …

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Confluent Cloud for Apache Flink is Now Generally Available with AI Features

Confluent Cloud for Apache Flink is Now Generally Available with AI Features

Confluent announced last month the general availability (GA) of Confluent Cloud for Apache Flink. This fully managed service enables real-time data processing and the creation of high-quality, reusable data streams. The service is available across Amazon Web Services (AWS), Google Cloud, and Microsoft Azure. Apache Flink, a trusted and widely used stream processing framework, has …

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AWS Introduces CloudWatch Internet Weather Map

AWS Introduces CloudWatch Internet Weather Map

AWS recently announced the availability of the Internet Weather Map, a new feature of CloudWatch that displays a 24-hour global snapshot of internet latency and availability outages. This new map offers a worldwide perspective on Internet conditions, allowing users to zoom in and analyze performance and availability problems in specific cities or with particular service …

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AI fuels cloud computing boom for tech giants

AI fuels cloud computing boom for tech giants

By Yuvraj Malik (Reuters) – Three of the Wall Street’s heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days, as interest in artificial intelligence drives a rebound in spending by corporate customers. Growth in the $270 billion cloud infrastructure market, a cash engine for Amazon.com, Microsoft and Alphabet, gives …

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Cloud computing: Experts poke holes into President Ruto’s 1GW data centre

Cloud computing: Experts poke holes into President Ruto’s 1GW data centre

President William Ruto’s announcement that Kenya will begin constructing a one Gigawatt (1GW)-capacity data centre in Naivasha has stirred debate within expert circles around the viability of the project. Without revealing the construction cost in his post on X last week, Dr Ruto indicated that the investment would be powered by green energy and that …

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Nvidia Stock Leads Three AI Plays Rebounding Near Buy Points

Nvidia Stock Leads Three AI Plays Rebounding Near Buy Points

Magnificent Seven member Nvidia (NVDA) leads this week’s list of stocks to watch, along with fellow artificial intelligence plays Datadog (DDOG) and Dell Technologies (DELL). Dow Jones retailer Walmart (WMT) and uranium miner Cameco (CCJ) are also nearing buy points. The stocks featured on this week’s list are flashing early entry opportunities as they rebound …

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AI Stocks: Microsoft, Google Reports Lift AI Hardware Makers

AI Stocks: Microsoft, Google Reports Lift AI Hardware Makers

Microsoft (MSFT) and Google parent Alphabet (GOOGL) announced increased spending on data center hardware to support artificial intelligence initiatives late Thursday. The news drove AI stocks higher on Friday, including top names Nvidia (NVDA) and Super Micro Computer (SMCI). X Earlier this week, Meta Platforms (META) and Tesla (TSLA) also announced elevated capital expenditures related …

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Microsoft, Google Gain After AI Fuels Cloud Computing Demand

Microsoft, Google Gain After AI Fuels Cloud Computing Demand

(Bloomberg) — Microsoft Corp. and Google owner Alphabet Inc. sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. Most Read from Bloomberg The companies trounced Wall Street estimates with their latest quarterly results, lifted by a surge in cloud revenue — fueled in part by …

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Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana

Amazon cloud computing unit plans to invest  billion to build data center in northern Indiana

NEW CARLISLE, Ind. (AP) — Amazon ’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced Thursday. Republican Gov. Eric Holcomb called the project planned near the town of New Carlisle, about …

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