Amazon AI investment case lifts shares after strong cloud quarter
Amazon shares rose about 10% after second-quarter revenue and operating income beat estimates and AWS growth accelerated sharply.
By Marcus V. Thorne 2 months agoSection
Amazon shares rose about 10% after second-quarter revenue and operating income beat estimates and AWS growth accelerated sharply.
By Marcus V. Thorne 2 months agoAsha Sharma told Xbox staff the Microsoft gaming unit aims to restore growth, lift margins and expand franchises including Minecra...
By Amanda Ross 2 months agoTIPS trade like bonds and can lose market value; I bonds are savings bonds with limits, tax deferral and redemption rules.
By Amanda Ross 2 months agoOpenAI CFO Sarah Friar told staff July annualized recurring revenue exceeded Q2 as the company faces Anthropic and IPO scrutiny, C...
By Sarah Jenkins 2 months agoMarkets raised the odds of a September Fed increase after three officials dissented and long Treasury yields jumped on inflation c...
By Amanda Ross 2 months agoInstagram activity surged during India’s Gen Z protests, strengthening Meta’s reach while drawing fresh government attention.
By Marcus V. Thorne 2 months agoSamsung posted 89.4 trillion won in second-quarter operating profit, above LSEG estimates, as AI demand lifted its memory business...
By Marcus V. Thorne 2 months agoWashington is promoting American AI exports in Asia as Chinese companies and Beijing advance lower-cost, open-source alternatives.
By Amanda Ross 2 months agoAnalysts expect Meta to report $60.17 billion in second-quarter revenue as investors scrutinize AI capex and monetization plans.
By Marcus V. Thorne 2 months agoSens. Elizabeth Warren and Adam Schiff asked the SEC to review Trump Media’s paid Truth API before its planned Aug. 1 launch.
By Amanda Ross 2 months agoMicrosoft reports fiscal fourth-quarter results after the close, with investors focused on Azure growth, AI spending and data-cent...
By Sarah Jenkins 2 months agoLink Snacks built Jack Link’s from a Wisconsin family meat business into a global portfolio amid rising demand for protein snacks.
By Amanda Ross 2 months ago