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Spotify stock rose as it increased its monthly active users by 11% to 713 million, topping the company’s prior guidance of 710 million...
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OpenAI strikes cloud computing deal with Amazon, Palantir CEO touts strong third-quarter results, Trump threatens to cut NYC funds, and more news to start your day...
Continue ReadingThe titans of artificial intelligence have been cutting massive deals among themselvesâand investors are getting anxious. Read more here...
Continue ReadingAmazon and Global-e Online look poised for explosive profit growth...
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Amazon has split its shares four times in its 28-year history as a public company...
Continue Reading(Reuters) -Amazon's $38 billion cloud deal with OpenAI marks a major endorsement for the e-commerce giant's cloud business after recent setbacks, including ceding market share to rivals and an outage that disrupted large parts of the internet. After years of leading the cloud computing industry with its highly profitable Amazon Web Services business, Amazon has watched Microsoft and Alphabet's Google snatch big-ticket contracts with their AI-steeped clouds. Amazon was considered a laggard in the AI race by many investors because it was late to launch a flagship large language model and for failing to offer a consumer-facing chatbot like OpenAI's ChatGPT...
Continue ReadingAmazon and Nvidia look poised to soar...
Continue ReadingAWS saw its strongest growth since 2022...
Continue ReadingSome of 2025's leaders have returned to the list. Others have not, reflecting changes to the economy and the market's mood...
Continue ReadingVTI offers broad US market exposure, balancing mega-cap concentration and diversification. Click here to read why VTI ETF is a Buy...
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