Your teams spend more time searching for information than using it.
Amazon Quick changes that.
One intelligent assistant that connects all your company's data and turns answers into action instantly.
AWS. com slash quick.
Oil prices jump to a new wartime high on fears of renewed escalation with Iran.
Plus, AI finally starts making money for big tech, but not without a rethink of their balance sheets.
They had tremendous cash flow, and that's kind of changing.
In order to afford the kind of spending that they 're going to have to make,
they 're changing the way they operate, and they are becoming kind of more indebted and using
that to pay for AI infrastructure and data centers.
And they're also cutting staff.
And can Live Golf Survive Without Saudi Funding?
It's Thursday, April 30th.
I'm Luke Varkas for The Wall Street Journal.
And here is the AM edition of What's News, the top headlines and business stories moving your world today.
Tech companies are starting to strike gold with artificial intelligence.
Four of the biggest names in tech, Microsoft, Alphabet, Meta, and Amazon, all reported earnings yesterday,
showing that sales are growing thanks to the proliferation of AI tools.
That progress, however, is coming at a steep cost, with capital expenditures for data centers and chips soaring.
So what are investors making of it all?