Company Reports – Page 26

Berkshire’s Cash Stockpile Soars as It Cuts Its Stake in Apple

The conglomerate reported nearly $277 billion in cash in the second quarter. And while it sold about 390 million shares in Apple, it still owned about 400 million.

By Reuters

Alphabet Inc Amazon.com Inc Artificial Intelligence Company Reports Computers and the Internet Google Inc Meta Platforms Inc Microsoft Corp Stocks and Bonds

Tech Companies to Keep Spending on A.I. Despite Worries of Slow Payoff

Big technology companies show no signs of slowing their spending on artificial intelligence, even though a payoff still looks a long way away.

By Karen Weise

Artificial Intelligence Company Reports Computer Chips Computers and the Internet Factories and Manufacturing Gelsinger, Patrick Intel Corporation Layoffs and Job Reductions NVIDIA Corporation Regulation and Deregulation of Industry Silicon Valley (Calif) Taiwan Semiconductor Manufacturing Company Ltd

Intel Will Cut More Than 15,000 Jobs

The Silicon Valley chip maker also reported a net loss and declining revenue in the latest quarter.

By Don Clark

Amazon.com Inc Cloud Computing Company Reports Computers and the Internet Delivery Services E-Commerce Jassy, Andrew R Mergers, Acquisitions and Divestitures

Amazon Reports $148 Billion in Second Quarter Sales

The e-commerce giant’s stock dipped about 5 percent in after-hours trading after lower-than-expected guidance.

By Karen Weise