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E-Commerce Update - Australia's Social Commerce Surge: Opportunities and Growth Insights
Simply Wall St.36d agobullish
E-Commerce Update - Australia's Social Commerce Surge: Opportunities and Growth Insights

The Australian social commerce market is experiencing rapid growth and is poised to reach $63.55 billion by 2026. Key drivers for this expansion include mobile commerce, video commerce, and strategic innovations by industry players, particularly in sectors like clothing, beauty, and electronics. The market, marked by a significant compound annual growth rate over recent years, continues to offer numerous opportunities differentiated by domestic versus cross-border sales, diverse social...

‘Buy Now, While Supplies Last’ Doesn’t Apply to Stocks
The Wall Street Journal36d agobullish
‘Buy Now, While Supplies Last’ Doesn’t Apply to Stocks

The past few months have seen frenetic buying and selling by individual stock traders. Leading market maker Citadel Securities says that retail cash equity volumes in May hit a record, doubling in two years. Then that accelerated in June with nine of the 10 busiest days the market maker has ever experienced coming in a month, according to a mid-June report by strategist Scott Rubner.

Bloomberg36d agoneutral
SpaceX Analyst Debut Set to Test $2.2 Trillion Valuation

(Bloomberg) -- Investors in SpaceX have been largely flying blind since the company’s record-breaking IPO last month, with few financial projections to help determine what the stock is actually worth. Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileMeta Is Planning a Cloud Business to Sell AI Computing PowerKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IPO Left Mirae

Bloomberg36d agoneutral
SoftBank Plans AI Cloud Services in US to Tap Surging Demand

(Bloomberg) -- SoftBank Group Corp. and its telecom unit will start renting AI computing resources to US companies next fiscal year in a bid to capitalize on the company’s growing pipeline of data center projects.Most Read from BloombergMeta Is Planning a Cloud Business to Sell AI Computing PowerExxon to Change Name for First Time in Decades After RedomicileKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IP

Airbnb, Inc. (ABNB)’s Chesky says App can become an ‘Amazon for services’
Insider Monkey36d agoneutral
Airbnb, Inc. (ABNB)’s Chesky says App can become an ‘Amazon for services’

Airbnb, Inc. (NASDAQ:ABNB) is one of the 10 Best Fundamentally Strong Stocks to Buy for Long Term. On 20 May, CNBC reported that Airbnb, Inc. (NASDAQ:ABNB) grew beyond home rentals by adding independent hotels, car rentals, grocery delivery, and luggage storage, while rolling out new AI features. CEO Brian Chesky told CNBC the company could […]

Marvell Technology (MRVL) Could Gain If Amazon Sells Trainium Beyond AWS
Simply Wall St.36d agobearish
Marvell Technology (MRVL) Could Gain If Amazon Sells Trainium Beyond AWS

Amazon is preparing to sell its Trainium AI chips to external customers outside its own cloud platform. Marvell Technology (NasdaqGS:MRVL) is a design and manufacturing partner for these chips, linking it directly to this expansion. This move could widen Marvell's potential market into third party data centers that adopt Amazon's custom AI hardware. For investors watching Marvell Technology, the Amazon Trainium update adds another dimension to its involvement with AI. Marvell focuses on...

Microsoft reportedly makes another brutal workforce move
TheStreet36d agoneutral
Microsoft reportedly makes another brutal workforce move

The AI boom created a ton of winners on Wall Street. However, it also created an incredibly unforgettable story for workers. Tech behemoth Microsoft (MSFT) is reportedly preparing a fresh round of layoffs, according to Business Insider, in a move that could be announced as early as next ...

VGT’s 0.09% Fee Hides a Bigger Problem: Overlap Costs That Could Add Up to Tens of Thousands
24/7 Wall St.36d agoneutral
VGT’s 0.09% Fee Hides a Bigger Problem: Overlap Costs That Could Add Up to Tens of Thousands

Vanguard’s tech ETF sells itself on cost. At 0.09%, Vanguard Information Technology Index Fund ETF (NYSEARCA:VGT) sits near the floor of sector ETF pricing. That headline number is real. It is also the least interesting cost in the fund. What You Are Actually Paying The sticker fee reflects the fund’s 0.09% net expense ratio disclosed ... VGT’s 0.09% Fee Hides a Bigger Problem: Overlap Costs That Could Add Up to Tens of Thousands

Amazon doubles down on enterprise AI bet
TheStreet36d agoneutral
Amazon doubles down on enterprise AI bet

Palantir invented the forward-deployed engineer model more than a decade ago. The firm's engineers became known for living inside government agencies and Fortune 500 companies for months at a time, not to train employees on software, but to build systems alongside them from the inside. On June 30, ...

‘I’m the Biggest Idiot in the World’: Cramer Torches His Own Tech Calls but Backs This One
24/7 Wall St.36d agoneutral
‘I’m the Biggest Idiot in the World’: Cramer Torches His Own Tech Calls but Backs This One

Jim Cramer spent Monday night on Mad Money doing something television hosts rarely do on camera: calling himself an idiot. A viewer named Kyle phoned in about her Corning (NYSE:GLW) position, worried about the wild swings, and Cramer used the question to torch his own track record on the mega-caps before validating her thesis. Kyle ... ‘I’m the Biggest Idiot in the World’: Cramer Torches His Own Tech Calls but Backs This One