Tag: Amazon
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Nasdaq hits a record high as AI and Big Tech cash in
The Nasdaq reached an all-time high as AI hype and strong earnings from Alphabet fuel tech’s ongoing rally. Investors are betting big on AI, with Broadcom and OpenAI’s recent chip partnership driving confidence. But can tech stocks keep this momentum, or is reality about to set in?
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Google files antitrust complaint against Microsoft
Google has filed an antitrust complaint with the European Commission, accusing Microsoft of anti-competitive cloud licensing practices, including a 400% surcharge for using Windows Server on non-Azure platforms. This complaint highlights the broader issue of Microsoft’s alleged monopolistic practices in the cloud market, with European companies facing inflated costs. The case could lead to regulatory…