Software stocks slide again
Digest more
Shares of videogame companies fell sharply on Friday after Google launched its AI model, Project Genie, which can create interactive digital worlds from text or images. Take-Two, Roblox, and Unity dropped 9–19% as the technology could disrupt traditional game development.
SAN FRANCISCO (AP) — Nvidia’s quarterly sales, profit top analyst forecasts, but stock slides amid fears of artificial intelligence bubble.
Azure and other cloud services, Microsoft's most closely watched segment, saw revenue surge 39 percent, roughly in line with expectations. The company said demand for cloud services continues to exceed available supply.