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Company keeps steady payout as AI investments and buybacks continue...
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Spiking as much as +6% in Thursday's trading session, Alphabet (GOOGL) stock has started to challenge Nvidia (NVDA) for the most year-to-date gains from the Mag 7...
Continue ReadingMeta shares fell by more than 11% today, and Microsoft by more than 2%, after earnings reports showed the two have much to prove about their AI futures. Plus: Amazon shares jump after the bell on higher earnings, and Chipotle falls with economic strains keeping customers away...
Continue ReadingApple shares, which initially fell on earnings news late Thursday, reversed course in late trading as investors learned more about its recent quarter and the one currently underway. Shares were up 3.2% from the close, to $280...
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FEATURE The Goldilocks Problem. The stock market cruised through much of the fall riding hopes for artificial intelligence spending, a trade pact with China, and a more accommodative Federal Reserve. Today, Wall Street got a bit of a reality check...
Continue ReadingAmazon reported third-quarter earnings of $180.2 billion in revenue, up 13% year over year. The post Amazon invests $1.9B in delivery partner network as Q3 profits rise appeared first on FreightWaves...
Continue ReadingThe headline numbers for Amazon (AMZN) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals...
Continue ReadingLike Google and Microsoft, it is spending aggressively on artificial intelligence and raised estimates for capital expenditures next year. BlackRock’s private-credit investing arm HPS Investment Partners and other lenders are trying to recover hundreds of millions of dollars after falling victim to what they called a “breathtaking” fraud, the Wall Street Journal reported. The lenders have accused Bankim Brahmbhatt, the owner of little-known telecom-services companies Broadband Telecom and Bridgevoice, of fabricating accounts receivable that were supposed to be used as loan collateral...
Continue ReadingAmazon's share price skyrocketed by more than ten percent on Thursday after the online retail behemoth reported better than expected earnings, powered by surging demand for its cloud computing services.Amazon's major rivals in the cloud computing space, Microsoft and Google, on Wednesday also reported sales increases in their cloud computing business, with all companies pointing to adoption of AI services as the main driver...
Continue ReadingOn Wednesday, Nvidia Corp. (NASDAQ:NVDA) became the world's first company to reach a $5 trillion market capitalization, overtaking both Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT), as CEO Jensen Huang revealed unprecedented demand for .....
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