The Dow lost steam on Thursday after the blue-chip index neared its highest levels on record. The S&P 500 was down 0.4%, while the Nasdaq Composite was down 0.9%. The S&P was down even though 340 stocks in the index were set to close higher...
Continue ReadingA wave of job cuts spanning logistics providers, packaging plants and manufacturers is impacting the supply chain entering 2026. The post Freight and manufacturing layoffs sweep across supply chain appeared first on FreightWaves...
Continue ReadingUS equity indexes traded mixed as declines in Microsoft (MSFT) and Meta Platforms (META), as well as...
Continue ReadingNavan raised nearly $1 billion at a more than $6 billion valuation. But the stock is off to a rocky start...
Continue ReadingWall Street eyed a US-China truce agreed by Trump and Xi, cooling hopes for a December rate cut and the next batch of Big Tech earnings...
Continue ReadingAmazon is scheduled to report third-quarter earnings after markets close on Thursday, and all eyes are likely to be on the e-commerce giant’s cloud business...
Continue ReadingApple stock has rallied significantly ahead of earnings. Can it continue into the end of the year?...
Continue ReadingAmazon layoffs and AI spending collide in explosive Q3 earnings showdown...
Continue ReadingEmployment-related news may be sending an early warning that the labor market is losing steam, a precursor to a recession. Meta Platforms Amazon, Microsoft Intel Corp United Parcel Service Applied Materials, and Target are just some of the names disclosing job cuts in recent weeks. Shares of payroll processors, staffing firms, and the like—companies that often lead employment trends—have begun to weaken...
Continue ReadingAmazon (NASDAQ:AMZN) is gearing up for massive investments in artificial intelligence (AI), with capital expenditures projected to exceed $100 billion in 2025. This surge focuses on bolstering AI capabilities, expanding Amazon Web Services (AWS), and building out data centers to handle growing computational demands. Historically, Amazon’s capex spending has followed cyclical patterns, with periods of ... Amazon’s Coming AI Cash Burn: Bullish Signal or Time to Sell?...
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