In the most recent trading session, Amazon (AMZN) closed at $241.35, indicating a +1.41% shift from the previous trading day.
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Two of the most well-known investors are betting on the same three Magnificent Seven stocks. Here's a look at the stocks owned by both Cathie Wood and Bill Ackman. Stocks in Common Ackman is the man behind the Pershing Square hedge fund, which lately has been investing in Magnificent Seven stocks. Wood is the CEO of Ark Invest, the well-known ETF company that runs the six ETFs below. Ark Autonomous Technology & Robotics ETF (BATS:ARKQ) Ark Innovation ETF (BATS:ARKK) Ark Next Generation Internet
FreightWaves Today discussed Delfin Midstream new $5 billion offshore liquefied natural gas export platform, Amazon's LTL realities, and surging cargo fraud during Thursday’s live show. The post FreightWaves Today: U.S. approves $5B offshore LNG export platform appeared first on FreightWaves.
Neura Robotics, backed by Qualcomm, Nvidia and Amazon, has secured funding of up to US$1.4b to scale AI-powered humanoid and cognitive robots across multiple industries. Qualcomm’s automotive partner QCraft is preparing global mass-market deployment of autonomous driving solutions built on Qualcomm’s SA8650P platform. These developments highlight Qualcomm’s push beyond smartphones into robotics and intelligent vehicles through its wider AI and hardware ecosystem. For investors tracking...
Is AFRM a good stock to buy? We came across a bullish thesis on Affirm Holdings, Inc. on r/investing_discussion by Variant_Invest. In this article, we will summarize the bulls’ thesis on AFRM. Affirm Holdings, Inc.’s share was trading at $65.11 as of June 9th. AFRM’s trailing and forward P/E were 59.22 and 32.57 respectively according to Yahoo […]
InterDigital and Amazon settled their legal dispute by signing a patent license agreement covering Fire TV, Kindle, and Prime Video.
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin. eCommerce and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are up by 11% over the past year and by 6.7% year-to-date. Its cloud computing division, AWS, scored a major win earlier this month when Pinterest announced that […]
Tech stocks were higher Thursday afternoon, with the State Street Technology Select Sector SPDR ETF
Amazon.com Inc (NASDAQ:AMZN) is broadening its logistics ambitions, adding a less-than-truckload freight service to its Amazon Supply Chain Services platform that allows businesses to ship goods to any third-party warehouse, distribution centre, or retail partner. The move taps into Amazon's...
The appointment comes in the backdrop of a wave of executive departures and three CFO changes over the last year.
Helix Digital Infrastructure is led by former AWS CEO Adam Selipsky
(Bloomberg) -- Prometheus, an artificial intelligence startup led by Jeff Bezos, has raised a round of funding that values it at $41 billion, bolstering the Amazon.com Inc. founder’s status as a significant player in the AI boom.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Vows New Attacks on Iran, Threatens Key Energy TargetsHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksSpaceX IPO
All three major US stock indexes were up in late-morning trading Thursday, as chip stocks rebounded
(Bloomberg) -- Cloud-computing giants powering the artificial intelligence boom are tapping global debt markets to fund hundreds of billions of dollars needed for data centers, chips and other infrastructure. Junk-rated CoreWeave Inc. is now following their lead.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Vows New Attacks on Iran, Threatens Key Energy TargetsUS Strikes Iran in Trump Escalation
Companies repurchase stock when they’re feeling optimistic about the future prospects of their company. Amazon is no exception, and the world’s biggest online retailer has bought back billions of dollars' worth of shares in recent years. With a market capitalization of more than $2.5 trillion, and ...

<body><p>STORY: SpaceX's market debut on Friday is expected to be the largest-ever IPO.</p><p>Here are the meteoric numbers that have sent the spaceflight business into orbit.</p><p>:: $1.75 trillion </p><p>$1.75 trillion is the valuation Elon Musk's company is targeting.</p><p>That would instantly rank it among the world's most valuable companies.</p><p>:: $135</p><p>At $135 per share, SpaceX would trade at a trailing price-to-sales multiple of roughly 94.</p><p>That's above companies such as Nvidia, Amazon and Meta, and sees investors asked to pay a premium.</p><p>:: 18.67 billion</p><p>$18.67 billion is how high company sales reached last year - rising by a third.</p><p>:: 10.3 mln</p><p>:: 9,600</p><p>Starlink network did the heavy lifting making up 60% of the total sales.</p><p>That was thanks to its 10.3 million users across 9,600 satellites.</p><p>:: 2</p><p>After a single launch in 2006, SpaceX has far outpaced rivals, now managing two launches every week.</p><p>That makes it the go-to launch partner for NASA and the Pentagon.</p><p>But AI losses have weighed.</p><p>:: $4.94 billion</p><p>Merging with the money-losing xAI pushed the company to a net loss of $4.94 billion last year.</p><p>Down from a profit of $791 million in 2024</p></body>
Theker, a Barcelona-based AI robotics company, has raised $85 million in a fundraising round, it said on Thursday, highlighting ongoing growth in the Spanish tech sector. Theker says it develops robots which use AI to perform various tasks in industrial environments. The fundraising round was led by venture capital firm CRV, while other companies involved included Samsung and luxury goods company LVMH.
The agreement covers Amazon services and devices, including Prime Video, while resolving ongoing litigation and advancing InterDigital’s video licensing strategy. Key Investor TakeawaysInterDigital (NASDAQ:IDCC) has entered into a patent license agreement with Amazon covering devices and services, including Amazon Prime Video.
The Kettering project is a £500m site and is due to become the UK's “largest” cross-dock facility when it opens later this year.
According to a report by The Wall Street Journal, Prometheus is now valued at $41 billion, with Bezos, JPMorgan Chase, Goldman Sachs, and BlackRock participating in the fundraising.
Amazon is the world’s largest online retailer, with a market capitalization exceeding $2.5 trillion as of June 2026. The company started in the early years of the internet, survived the dot-com bust, and grew into a worldwide tech powerhouse. At the same time, Amazon expanded its digital footprint, ...

Oracle (ORCL) stock has dropped by as much as 10% in Thursday's pre-market trading despite topping fiscal fourth quarter earnings and revenue estimates. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Monetary Matters Network co-founder Jack Farley for a conversation about whether the AI infrastructure company is showing signs of weakness or oversaturation in the buildout landscape.
Tether leads a $1.4 billion Series C for NEURA Robotics, adding wallets and edge AI to power a machine economy.