Google set to double AI spending to $185bn after strong earnings
Search giant reports more than $400bn in annual revenue for the first time
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US tech stocks hit with fresh wave of selling as chipmakers Qualcomm and AMD tumble
Declines follow steep falls for software shares in previous session over worries about new AI tool
Google adds $55bn to capex plans as it boosts AI spending
Search giant reported second straight quarter of more than $100bn in revenue
White House seeks critical minerals trade zone to curb China’s dominance
Effort marks rare instance of Trump administration aiming to collaborate with global allies on trade
Glencore-Rio megamerger ‘hangs in the balance’ as deadline looms
Rio wants to hold both CEO and chair roles in combined company while Glencore holds out for premium
US tech stocks hit with fresh wave of selling as chipmaker AMD tumbles
Declines follow steep falls for software shares in previous session over worries about new AI tool