Shares of Vistra (NYSE: VST), the unregulated utility that is the best-performing stock on the S&P 500 index this year, were having another winning month in November as investors reacted to its earnings report, and it benefited from the market's positive response to the U.S. presidential election. According to data from S&P Global Market Intelligence, the stock finished the month up 28%. Enthusiasm for the little-known utility stock has mounted this year; investors see it as a winner in the AI boom as new data centers are expected to have huge power needs and unregulated utilities like Vistra are best positioned to capitalize on that...

President-elect Donald Trump has promised tariffs on imported goods, which would drive up prices of goods on Amazon’s virtual shelves...

Amazon founder Jeff Bezos said Wednesday that he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming years. “I’m actually very optimistic this time around,” Bezos said on stage during a wide-ranging interview at The New York Times’ DealBook Summit in New York. “We do have too many regulations in this country,” Bezos added...

LAS VEGAS, December 04, 2024--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and Grab, Southeast Asia’s leading superapp (NASDAQ: GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infr...