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Investing.com19d agoneutral
Amazon cloud chief says inference demand is surging

Investing.com -- Amazon.com Inc.'s cloud division is seeing customers move from training AI models to integrating them into business operations through a process called inference, according to the unit's chief executive.

Microsoft Races Ahead Of Google In The Cloud
24/7 Wall St.19d agoneutral
Microsoft Races Ahead Of Google In The Cloud

The cloud war between Microsoft, Google, and Amazon is reshaping how AI gets built and deployed, and the gap between the three giants may surprise you. Hundreds of billions of dollars hinge on which platform corporations trust with their future.

Should Philippine Airlines’ GEnx-1B Engine Deal Shape How Investors View GE’s Aerospace Story (GE)?
Simply Wall St.19d agoneutral
Should Philippine Airlines’ GEnx-1B Engine Deal Shape How Investors View GE’s Aerospace Story (GE)?

In July 2026, Philippine Airlines announced an agreement with GE Aerospace to equip 15 Boeing 787-10 Dreamliners, plus options for five more, with GEnx-1B engines, with aircraft deliveries expected between 2031 and 2034. This deal underlines ongoing airline interest in GE’s fuel-efficient, lower-emission widebody engines, reinforcing the company’s role in supporting quieter and more sustainable long-haul flying. We’ll now examine how this new GEnx-1B engine agreement with Philippine Airlines...

Walmart (WMT) Launches Florida Drone Delivery And GLP 1 Weight Loss Prescriptions
Simply Wall St.19d agoneutral
Walmart (WMT) Launches Florida Drone Delivery And GLP 1 Weight Loss Prescriptions

Walmart (NasdaqGS:WMT) is rolling out drone delivery in parts of Florida through a partnership with Alphabet owned Wing. The company is also expanding into GLP-1 weight loss drug prescriptions, paired with nutrition coaching and AI based support services. Both moves come as competition with other large retailers intensifies around delivery speed and direct to consumer healthcare offerings. Walmart is using its scale in retail and logistics to test how far it can stretch its model beyond...

StockStory19d agoneutral
The Top 5 Analyst Questions From Baker Hughes’s Q2 Earnings Call

Baker Hughes delivered a second quarter that was well received by the market, as results surpassed Wall Street expectations despite a modest decline in revenue. Management pointed to strong order momentum in its Industrial & Energy Technology (IET) segment, successful navigation of Middle East headwinds, and robust execution in upstream energy and energy infrastructure. CEO Lorenzo Simonelli cited “solid seasonal recovery across broader markets,” and emphasized that resilience in the Middle East

Marvell (MRVL) Is Putting $250 Million Into India To Grow AI Chip R and D
Simply Wall St.19d agoneutral
Marvell (MRVL) Is Putting $250 Million Into India To Grow AI Chip R and D

Marvell Technology announced a US$250 million investment in India. The company plans to double its local headcount and expand sites in Bangalore and Hyderabad. The move is part of a wider build out of AI and semiconductor R&D capabilities globally. Marvell Technology, listed on NasdaqGS:MRVL, is committing fresh capital to India as it looks to grow its position in AI, cloud and data infrastructure. The stock closed at US$187.56, with returns of 152.5% over the past year and 215.6% over five...

JPMorgan Chase (JPM) Commits $750 Billion To US Housing Through 2035
Simply Wall St.19d agoneutral
JPMorgan Chase (JPM) Commits $750 Billion To US Housing Through 2035

JPMorgan Chase (NYSE:JPM) has announced a US$750b commitment to support US housing under its American Dream Initiative. The plan runs through 2035 and focuses on financing or preserving one million affordable housing units. The initiative also aims to help 500,000 Americans become homeowners and promote pro growth housing policies. The commitment represents a nearly 40% increase in housing capital compared with the previous decade. JPMorgan Chase is a large US banking company with...

How Investors Are Reacting To American Express (AXP) Raising 2026 Revenue Outlook While Keeping EPS Steady
Simply Wall St.19d agoneutral
How Investors Are Reacting To American Express (AXP) Raising 2026 Revenue Outlook While Keeping EPS Steady

In July 2026, American Express reported higher second-quarter net income of US$3,110 million and raised its full-year 2026 revenue growth guidance to 10%, while maintaining earnings-per-share guidance at US$17.30 to US$17.90 and completing a share buyback of 74,093,544 shares for US$18.32 billion under its 2023 program. The company’s decision to upgrade revenue expectations while holding EPS guidance steady highlights its choice to reinvest in customer acquisition, technology, and lifestyle...

BofA refuses to embrace cybersecurity darling ahead of earnings
TheStreet19d agoneutral
BofA refuses to embrace cybersecurity darling ahead of earnings

Every investor has felt the itch to buy the one stock everyone else already owns. Fastly’s chart this year has that kind of pull, a steady climb that turns skeptics into buyers with each new high. One of Wall Street’s largest banks looked at that same chart and decided to stay out. BofA Global ...

Kosmos Energy Q2 Earnings Call Highlights
MarketBeat19d agoneutral
Kosmos Energy Q2 Earnings Call Highlights

Kosmos Energy (NYSE:KOS) reported higher second-quarter production, lower operating costs and continued balance-sheet progress as new wells in Ghana and the ramp-up of its Greater Tortue Ahmeyim LNG project supported first-half performance. Chairman and Chief Executive Officer Andy Inglis said the

Echostar Q2 Earnings Call Highlights
MarketBeat19d agoneutral
Echostar Q2 Earnings Call Highlights

Echostar (NASDAQ:ECHO) said its Hughes business filed for Chapter 11 bankruptcy protection after the unit’s $1.5 billion bond maturity came due on Aug. 1 and discussions with bondholders did not produce what the company called a workable solution. Chairman Charlie Ergen said the bankruptcy filing i