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Reuters46d agoneutral
Morning Bid: SpaceXhaust

June 23 (Reuters) - What matters in U. and global markets today , Editor-at-Large, Finance and Markets Big Tech started the week in reverse, with megacaps Alphabet and Amazon each falling around 5% on Monday, dragged down by a mix of concerns: interest ‌rate expectations, lofty AI spending and rising debt.

Bloomberg46d agoneutral
SpaceX Rout Set to Push Market Value Below $2 Trillion

(Bloomberg) -- SpaceX shares extended declines in premarket trading, a day after the company saw the second-largest single-session drop in market value on record. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred, Taps Founder to Head Wh

Jim Cramer Wonders How Many Times Amazon (AMZN) Has Announced NVIDIA Chip Competitors
Insider Monkey46d agoneutral
Jim Cramer Wonders How Many Times Amazon (AMZN) Has Announced NVIDIA Chip Competitors

We recently published Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks discussed by Jim Cramer. eCommerce and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are up by a modest 16.6% over the past year and by 7.9% year-to-date. Like other hyperscalers, the […]

Sprouts takes on rival Whole Foods with this key move
TheStreet46d agoneutral
Sprouts takes on rival Whole Foods with this key move

With more Americans seeking out organic food and fresh produce, natural grocery chains like Sprouts Farmers Market stand to benefit. But there’s a lot of competition in the fresh produce lane. It's not just grocery chains such as Trader Joe’s and Whole Foods battling for market share; Sprouts also ...

102-year-old supermarket chain quietly shut down
TheStreet46d agoneutral
102-year-old supermarket chain quietly shut down

Grocery stores used to serve as neighborhood hubs, because before delivery, the internet, and retailers like Target and Walmart moving into the space, brick-and-mortar retailers were the only option. When I was a kid back in the 1980s, my town had a Star Market. That was the only supermarket that ...

Walmart slashed the prices of expensive electronics by up to 88% off
TheStreet46d agoneutral
Walmart slashed the prices of expensive electronics by up to 88% off

You've likely heard of Christmas in July, but what about the Black Friday of summer? Over a decade ago, back in 2015, Amazon hosted its very first Prime Day Sale, and it has since evolved into a monumental savings week that multiple retailers participate in. Walmart is the first to get into the ...

Amazon (AMZN) Teams Up With ArcelorMittal To Bring AI Into Steel Plants
Simply Wall St.46d agoneutral
Amazon (AMZN) Teams Up With ArcelorMittal To Bring AI Into Steel Plants

Amazon Web Services and ArcelorMittal have agreed to work together on AI and cloud-powered automation across global steel plants. The collaboration targets safety, energy efficiency, and asset reliability in heavy industrial operations. The announcement adds a large industrial partner to Amazon Web Services, extending its reach beyond traditional IT customers. Amazon.com, traded as NasdaqGS:AMZN, is adding this industrial automation push on top of a long track record in cloud computing and...