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(Bloomberg) -- Amazon.com Inc. added $13 billion to its planned India investments, accelerating its buildout of artificial intelligence and cloud infrastructure in the world’s most populous country.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapGrand Ole Opry House Up For Sale by Owner Ryman HospitalityStocks Climb Late After Micron’s Blowout Outlook: Markets WrapOracle Cut 21,000 Jobs in 12 M

Lockheed Martin's latest contract award from the U.S. Government adds to sales growth in the defense group's missiles division, Jefferies' Sheila Kahyaoglu wrote. The company signed a seven-year contract worth up to $35 billion for Terminal High Altitude Area Defense interceptor missiles. The contract follows another government award for a significant ramp up in Patriot missile production, the analyst noted.

SpaceX has fallen sharply from its post-IPO peak, but history says the stock will drop much further in the months ahead.

A modest projected decline in overall inflation for June doesn't tell the complete story.

Amazon said on Thursday it will invest an additional $13 billion by ‌2030 in India to expand its AI ‌and cloud infrastructure. The new investment is in addition to ​its planned $35 billion funding announced last year, taking the e-commerce firm's investment in the country to $48 billion through 2030. The announcement follows a meeting ‌between Amazon ⁠CEO Andy Jassy and Indian Prime Minister Narendra Modi on Thursday in ⁠New Delhi.

June 25 (Reuters) - Amazon said on Thursday that it is investing an additional $13 billion in India by 2030 to expand and support AI and cloud infrastructure.

U.S. stock futures pointed higher after Micron Technology’s expectation-thumping earnings reignited optimism in the AI boom.

Warsh didn't say the president's name in explaining why rates won't be lowered. But he didn't have to.

Sebastian Raedler, head of European equity strategy at Bank of America, discusses his concern that the tech rally is overdone after US chipmaker Micron gained on a blockbuster sales forecast. "Who is going to pay for this capital expenditure that is basically fueling the Micron demand," Raedler asks during an interview on Bloomberg Television.

Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Stocks looked set to rally after memory-chip maker Micron’s strong earnings and guidance breathed some life into the artificial-intelligence trade, which has stumbled in recent sessions. Nasdaq 100 futures jumped 2% on Thursday. S&P 500 futures gained 0.7%.

June 25 (Reuters) - Nasdaq futures jumped 2% on Thursday after upbeat forecasts from chipmakers Micron and Qualcomm pointed to strong demand for artificial intelligence infrastructure, lifting

South Korea’s SK Hynix plans to issue American depositary receipts on Nasdaq. The world’s second-largest ​memory-chip maker said it is looking to raise more than $29 billion, and expects trading to begin July 10.

June 25 (Reuters) - European shares opened higher on Thursday, led by gains in technology stocks, as strong forecasts from Micron and Qualcomm assuaged concerns about ballooning valuations in the

Delta Air Lines is approaching earnings with strong momentum, steady analyst support, and investors watching whether the carrier can stay aloft.

In a letter obtained by The Wall Street Journal, Anthropic alleged that Alibaba and its AI unit conducted “the largest known distillation attack” on the company to date.

Micron's hot streak continues.

By Ankur Banerjee SINGAPORE, June 25 (Reuters) - Asian equities surged on Thursday after strong earnings and forecasts from chip giants Micron and Qualcomm helped alleviate some concerns over the red-

Micron Technology Inc (MU) reports a remarkable 346% year-over-year revenue increase, driven by strategic customer agreements and robust demand in the data center sector.

Shares were mostly higher Thursday in Asia, led by tech-driven gains in Japan and South Korea as major computer chipmakers’ stocks surged following upbeat earnings reports from U.S. giants like Qualcomm and Micron Technology. Oil prices fell more than $1, bringing them closer to where they were before the war with Iran started. Qualcomm’s share price surged 12% in afterhours trading after the company announced it had raised its forecast for revenue this year to $40 billion from $22 billion.

A look at the day ahead in European and global markets from Ankur Banerjee High-stakes earnings from Micron more than delivered by outlining strong demand for its memory chips and that was enough to

(Bloomberg) -- Bitcoin is facing a massive options expiry that could put more pressure on a market already struggling with fading institutional demand and macroeconomic headwinds.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Climb Late After Micron’s Blowout Outlook: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesGrand Ole Opry House Up For Sale by Owner Ry

Cathie Wood’s investment company is among the backers to lose out from the unravelling of a football business turned cryptocurrency hoarder,...

(Bloomberg) -- In his final weeks as Britain’s prime minister, Keir Starmer, has repeatedly warned how “dangerous and volatile” the world is becoming. Andy Burnham is on a collision course with it. Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Climb Late After Micron’s Blowout Outlook: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesGrand Ole Opry House Up F

Strategy, Palantir Technologies, and Netflix slid to fresh 52-week lows amid profit-taking and a renewed focus on chipmaking stocks.

STOCKS Asian equity markets were mostly higher after memory-chip maker Micron’s blockbuster results eased artificial-intelligence fears and oil slumped toward prewar levels as Middle East tensions continued to ratchet down.

Loyalty programs, when they work well, offer meaningful rewards in exchange for spending at a specific retailer or restaurant. For the program to succeed, rewards have to be attainable while also substantial enough to feel like you've earned something. Starbucks, for example, does this incredibly ...

(Bloomberg) -- Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model. Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Climb Late After Micron’s Blowout Outlook: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesGrand Ole Opry House

Broadcom (AVGO) just got a new validation point in the artificial intelligence chip race: OpenAI’s first custom chip, Jalapeño, unveiled on June 24. The chip was designed with Broadcom and built for inference, the computing process that allows products such as ChatGPT to respond to user requests. ...

Uber is quietly writing $500 million checks to lock in robotaxis as Waymo threatens to leave it behind.