Anita Ramaswamy

The tech industry’s project to build out artificial intelligence is proving even more capital intensive than the peak of the last investment supercycle by oil and gas firms in the mid-2010s. Microsoft, Meta Platforms, Amazon and Alphabet spent an estimated average of 17.2% of their revenues on ...

Of Jack Dorsey’s two business creations, only one looms large in the public consciousness: the company previously known as Twitter. But by some measures, his other company, Block, has been a more successful enterprise. Dorsey has built Block’s original business—Square, which gives small ...

Specialized chip designers Broadcom and Marvell Technology have been getting a lot of investor love lately. Both companies’ shares have surged more than 30% over the past three months as their revenues have soared, thanks to their efforts helping tech giants including Google and Amazon build ...

Robotaxis are quickly gaining ground, largely thanks to Alphabet-backed Waymo, which announced in October that it was completing more than 100,000 paid rides for passengers per week. Waymo plans to enter new regions next year. And everything in the market is sure to intensify further as Tesla ...

After a long slump, software stocks have gotten a lift from the market euphoria that has followed Donald Trump’s election. The exuberance has even spread to companies that sell video creation and distribution tools, such as Vimeo, despite the very real threat hanging over their business models: ...

This isn’t the year to be in marketing software. Companies’ marketing spending as a percentage of sales is at a five-year low, according to data from Gartner. That has hurt big software companies like Salesforce and Adobe, which get a chunk of revenue from selling marketing tools. It’s also hurt ...

Redditors may have their new favorite meme stock—Reddit. The social media platform’s report of a 68% jump in third-quarter revenue sent the stock soaring 40% to around $115 last week, more than triple the price at which it went public in March. Reddit is now trading at a huge premium to other ...

Investors in autonomous vehicle-maker Waymo’s latest funding round , which was announced last week, valued its business at $45 billion, according to a Thursday report by Bloomberg. That’s a surprisingly low number, given that Alphabet and other investors have committed at least $13 billion to Waymo to date, according to an estimate by The Information and disclosures by Waymo and Alphabet

Social media company Reddit posted its first profit as a public company in the third quarter, along with much higher revenue and adjusted earnings before interest, taxes, depreciation and amortization than executives had projected. Shares soared more than 20% in after-hours trading. The company reported net income of $29.9 million on revenue of $348.4 million, marking its first profitable

Anyone looking at Apple’s recent stock rally—which lifted its market capitalization to $3.6 trillion two weeks ago, a record for any public company—wouldn’t know that the company’s big new product, the Vision Pro mixed reality headset, had sold so badly that Apple is scaling back production. Or ...