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Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingThe aggregated earnings for S&P 500 companies increased 4% in the fourth quarter from a year earlier...
Continue ReadingExpectations for strong profit growth from the tech leaders are part of the reason the S&P 500 is trading near record levels...
Continue ReadingNOI growth could translate to the bottom line due to rising interest expense and other headwinds. Read the article for more details on industrial REITs...
Continue ReadingThe cloud region will enable customers to securely store content and run workloads while offering higher speed for its users. Amazon and its cloud competitors Google-parent Alphabet and Microsoft have said they will raise their investments, primarily for data centers, to support the growing adoption of artificial intelligence technologies. Amazon said customers in the region that use AWS to run workloads include Saudi Telecom Company SJSC, Seera Holding and Mobily, among others...
Continue ReadingAmazon.com's cloud division Amazon Web Services said on Monday it will launch data centers in Saudi Arabia in 2026 and plans to invest more than $5.3 billion in the kingdom. The cloud region will enable customers to securely store content and run workloads while offering higher speed for its users. Amazon and its cloud competitors Google-parent Alphabet and Microsoft have said they will raise their investments, primarily for data centers, to support the growing adoption of artificial intelligence technologies...
Continue ReadingJust as the tech giant braces for a sweeping lawsuit from the Justice Department, it was hit with a $2 billion European Commission fine for allegedly breaking competition laws overseas...
Continue ReadingOn Tuesday, eBay Inc (NASDAQ: EBAY) topped market expectations with its fourth quarter performance. Last month, the online marketplace slashed about 1,000 jobs which adds up to about 9% of its workforce as the industry braces for an uncertain macroeconomic outlook. Even its rival e-commerce giant Amazon.com Inc (NASDAQ: AMZN) wasn’t immune to the layoffs wave. At the beginning of February, Amazon confirmed more layoffs across its Amazon Pharmacy and One Medical segments after initiating job cuts...
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