The cloud leader is pruning its most profitable business.
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Meta Platforms Inc. CEO Mark Zuckerberg has suggested that the company might consider stepping into the public cloud computing market if it ends up with excess capacity due to overinvestment in data centers. Zuckerberg made these comments during Meta’s annual...
The stock market hit fresh highs on Iran deal hopes. Nvidia, Tesla lead five trillion-dollar titans near buy points.
The world's biggest PC maker surged 109% in May after AI revenue hit 38% of quarterly sales. Goldman Sachs more than doubled its target.
Alphabet's Waymo will offer unsupervised public rides in California and Arizona with its purpose-built Ojai vehicle.
(Updates with the company's response in the third paragraph.) Amazon.com (AMZN) has shut down an
Palantir Technologies gets a boost as solid earnings from Snowflake restore confidence in the software sector.
Anthropic just announced a Series H round that values the company higher than OpenAI.
Alphabet's Google Cloud posts a monster Q1'26: revenues rise 63% to $20B, margin 32.9%, and backlog hits $462B.
Peabody is more than a power-generation coal producer. Its growth potential relies on Centurion, an Australian mine that must deliver more consistent steelmaking coal earnings.
Alphabet is not a SpaceX proxy, but the size of its reported stake gives investors another reason to watch the stock.
Space stocks are splitting sharply this Friday morning after Blue Origin’s New Glenn rocket exploded during a hotfire test late Thursday at Cape Canaveral. AST SpaceMobile (NASDAQ:ASTS) stock is down 17% to $111, while Planet Labs (NYSE:PL) stock has dropped 8% to roughly $47.50 and Rocket Lab (NASDAQ:RKLB) stock has slipped 6% to $139. Virgin ... AST SpaceMobile Plunges 17%, Planet Labs Drops 8% on Blue Origin Explosion, While Virgin Galactic Surges 11%
All three major US stock indexes were up in late-morning trading Friday, as President Donald Trump s
Amazon (AMZN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Amazon merges Rufus and Alexa+ into free Alexa for Shopping, touting AI-driven sales and ad gains, but rising AI costs and margin pressure loom.
Chris Camillo, the retail investor and Dumb Money Live host known for his social-arbitrage trading style, used a recent appearance on The Iced Coffee Hour podcast to lay out one of the most concentrated public bets you will hear from a recognizable retail name. Roughly 70% of his portfolio sits in Amazon (NASDAQ:AMZN) through leveraged ... Investor Goes 70% Into Amazon With Leveraged Options, Calls Amazon ‘Ultimate Beneficiary’ of AI
Tesla Robotaxi Fleet Crushed by Waymo in Texas as New Records Reveal Huge Gap
(Bloomberg) -- Summer events including the FIFA World Cup and America’s 250th anniversary could spur sales of sweet treats, making now a key time to snap up beaten-down shares of Hershey Co., according to the candy and snack maker’s newest Wall Street bull.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at L
Microsoft (MSFT) stock has declined roughly 12% over the last six months and currently trades around $425, well off its October 2025 peak of $542. Investors are worried, and the concern is legitimate: rising capital expenditure is compressing near-term returns. But does that make the stock a sell? We don't think so. Here is why.
New filings show in Texas show the number of fully self-driving cars that are in Tesla's robotaxi fleet. A top executive at Tesla teased that Cybercabs would soon join the company's fleet of robotaxis.
Shares of space companies are falling back to earth after a rocket being tested by Jeff Bezos’ Blue Origin exploded Thursday night. Blue Origin had been planning to use New Glenn to deploy commercial satellites for Amazon and other companies and to blast its own cargo lander to the moon. The fallout rippled across the industry, with companies that are tied to Blue Origin—and others that aren't—falling shortly after the opening bell.
It is a staggering valuation. AI superstar Anthropic raised $65 billion with a post-money valuation of $965 billion. That pushed it ahead of arch-rival OpenAI, which was most recently valued at $852 billion. It also puts the Anthropic’s figure ahead of Walmart (NYSE: WMT), which has a market cap of $948 billion. Walmart is the ... Walmart Worth Less Than Anthropic
Jeff Bezos used a CNBC Squawk Box interview that aired May 20, 2026 to deliver the clearest statement yet of his current operating philosophy: artificial intelligence has become the single connective tissue across every company he touches. “My through line for the last few years has been AI. My time at Amazon is spent on ... Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure
New Texas DMV registration data reveals Tesla has just 42 autonomous vehicles in the state, versus 577 for Alphabet's Waymo
Costco Wholesale (COST) stock is down 7.3% in just the last five trading days. When a move like that happens, the instinct for many investors is obvious: panic about the short term or assume the story is broken.
Jeff Bezos walked the factory floor at Blue Origin on May 20, 2026 and used a CNBC interview to propose zero federal income tax for any American earning $75,000 a year or less. He framed wealth inequality as a government efficiency problem, anchoring his argument around a single working person. “There’s this tale of two ... Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan