A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand...
Continue ReadingPalantir's record Q3 earnings and raised outlook spotlight surging AI demand, but sky-high valuation tempers investor enthusiasm...
Continue ReadingAI companies need to start bringing in major revenue to keep up with spending...
Continue ReadingNvidia’s next growth phase is being fueled by soaring Blackwell GPU demand and record AI infrastructure spending from hyperscalers...
Continue ReadingDow stocks overall rose 2.5% in October. It was the index's best month since August and extended a win streak to six straight months...
Continue ReadingThis article first appeared on GuruFocus. Amazon (AMZN, Financials) is undergoing one of the biggest transformations in its history as CEO Andy Jassy reshapes the company to run leaner, faster, and more focused on artificial intelligence. Jassy has launched a broad overhaul of Amazon's corporate structure, including 14,000 layoffs announced last week and another round expected early next year...
Continue ReadingThe e-tail giant said Perplexity's AI agents have "repeatedly and deliberately gained unauthorized access to the Amazon Store."...
Continue ReadingAmazon has sent a “cease and desist” letter to Perplexity over its Comet AI shopping assistant. How should you play AMZN stock now?...
Continue ReadingIn this exclusive interview with FP, the author, scholar and tech expert talks digital sovereignty in an age of frayed ties with the U.S...
Continue ReadingAmazon is working to improve driver safety, efficiency and job satisfaction with more investments in high-tech driver academies, AI-powered tools and higher pay rates. The post Amazon invests in more driver training, tech and pay appeared first on FreightWaves...
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