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(Reuters) -Amazon shares surged more than 13% in premarket trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race. Revenue at Amazon Web Services, the hub of the company's recent AI investments, rose 20% in the third quarter. Although Microsoft Azure's revenue increased by 40% and Google Cloud's by 34%, AWS's sheer scale magnifies its growth impact...
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Alphabet Lifts Capex Outlook to Chase Soaring AI Demand...
Continue ReadingI share my 50/50 ETF and dividend stock portfolio strategy that delivers 5.5% yield and outperforms benchmarks. Read the full article here...
Continue ReadingDisney channels including ESPN, ABC and FX vanished from Google’s YouTube TV platform after the two sides failed to come to terms on a new distribution agreement. Disney and YouTube TV had held contentious negotiations leading up to the channels being removed. There are several issues dividing the two companies, but the primary fight is over the fees Disney is seeking from YouTube TV to carry its channels...
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Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently talked about. Highlighting the reason behind the Charitable Trust’s decision to keep AMZN, Cramer expressed regret over selling Alphabet stock at the wrong time. He said: “See, look at the action in Alphabet. Have you seen it? Earlier this year, concerned about Justice Department’s […]...
Continue ReadingMeta, Alphabet, Microsoft and Amazon have all said they will increase spending in 2026. But investors have given mixed signals...
Continue ReadingTucked into President Donald Trump’s trade deals formalizing higher tariffs on goods from Asia this week are provisions for a global economic frontier the US wants to stay free of protectionism: digital commerce. In deals with Malaysia and Cambodia, and a more preliminary agreement with Thailand, the White House received assurances none will impose digital services taxes or discriminate against American providers of e-commerce, social media, streaming, cloud storage or other types of online services...
Continue ReadingThe e-commerce giant said Amazon Web Services is growing at its fastest rate since 2022, driven by AI. Shares surged in after-hours trading...
Continue ReadingMarket Domination Overtime host Josh Lipton previews several of the biggest stories to come tomorrow, Friday, October 31, including earnings results from energy companies like Exxon Mobil (XOM), Chevron (CVX), and Dominion Energy (D), key commentary from a handful of Federal Reserve presidents, and the deadline for Disney (DIS) and YouTube (GOOG, GOOGL) to reach a new distribution deal. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime...
Continue ReadingGemini use triples, Cloud backlog soars, and CapEx hits new highs...
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