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As the hyperscalers pour record sums into data centers, the electric utilities that power them are emerging as an overlooked way to play the boom.

Independent home improvement chains face intense competition from major big-box retailers like Home Depot and Lowe’s, which has resulted in the smaller competitors having financial distress and, in some cases, filing for bankruptcy. Home Depot dominated the home improvement sector, ...

Both tech giants are pouring tens of billions into AI infrastructure -- and both throw off enough cash to keep doing it for years.

Amazon.com (NasdaqGS:AMZN) is turning Prime Day into a four day event, with a new emphasis on grocery promotions aligned with global celebrations and major sporting events. The company is planning about US$200b in annual capital expenditure focused on AI infrastructure and wider deployment of its custom Trainium chips. Amazon has entered a multi billion dollar partnership with Anthropic that is intended to challenge Nvidia’s position in AI hardware and deepen AI capabilities across its...

For the past year, many big retailers have been battling to attract the cash-strapped American consumers. Then there’s Target, which also faced a set of challenges of its own, stemming from several controversies and boycotts over its Pride collection and the scaling back of its DEI (diversity, ...

Imagine it's the end of a long week, and you're finally arriving back home, bogged down with work bags, a water bottle, and a lunch box as you fumble at the front door for your house keys. Then disaster strikes — your keys are nowhere to be found. If you're lucky, you may have an unlocked window ...

Chip giant heads into earnings after a 65% rebound and rising AI spending expectations.

The S&P 500 and Nasdaq Composite fell for the first time in 10 sessions on Wednesday. The S&P 500 fell 0.7%, while the Nasdaq dropped 0.9%. The Dow fell 617 points, or 1.2%. The big three indexes also snapped a streak of five sessions in which they all finished the day with closing highs.

Some companies on the Fortune 500 list rank even higher than national economies. Nvidia would be the fourth largest economy were it a country.

Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the ‌extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has ​been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll ‌out 35,000 robotaxis using Lucid's Gravity ⁠SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.

Amazon has struck a deal with the NLRB that should end the question whether it’s a joint employer with its DSPs. The post Amazon scores big win at NLRB over whether it’s a joint employer with DSPs appeared first on FreightWaves.

The S&P 500 and Nasdaq could close lower for the first time in more than two weeks, and big tech stocks were a big reason why. The S&P was down 0.6%, while the Nasdaq was down 0.9%. The Dow was down 416 points, or 0.

UBS says the best consumer stocks share a handful of traits, including strong growth, solid returns, and an ability to exceed expectations. Viking Holdings, TJX, and Amazon are among its favorites.

Financial stocks were lower in Wednesday afternoon trading, with the NYSE Financial Index decreasing

Such concerns led Oppenheimer analyst Timothy Horan to downgrade shares of AT&T to Perform from Outperform on Wednesday and removed his previous price target of $32. Rising competition from providers of satellite broadband, like Amazon Leo and SpaceX’s Starlink, could take market share from AT&T’s internet business. SpaceX is expected to go public next week, and Horan says the IPO will highlight the risks satellite poses to AT&T.

Over recent months, a striking pattern has emerged: major capital allocators are positioning around AI-driven biology and longevity. According to a Polymarket post on X, Coinbase (NASDAQ:COIN) founder Brian Armstrong’s longevity startup NewLimit has tripled in value to $3.1 billion. That post sparked a viral reply thread from podcast host Mgoes (@m_goes_distance), cataloging billionaire and ... Move Over AI: Jeff Bezos and NVIDIA Are Quietly Backing a New Breakthrough Industry

The company is performing at its peak, but this can present a risk if the stock price appears to price in the assumption that these peak conditions are permanent.

Alphabet shares have struggled to keep pace with the broader technology rally. Relative weakness versus peers may offer clues about where Google stock heads next.

Founded in Switzerland in 2017, Tangem is a crypto wallet maker that manufactures hardware self-custody products to secure digital assets like Bitcoin (BTC) and Ethereum (ETH). The Zug, Switzerland-headquartered firm says its cold wallet solutions support more than 16,000 tokens ...

The artificial intelligence boom has created plenty of winners, but one company sits at the center of it all. Every major AI player — Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOG) — depends on a single manufacturer to turn advanced chip designs into physical products: Taiwan Semiconductor ... Warren Buffett Bought the World’s Most Dominant AI Company — Then Sold It Within 6 Months

Amazon (NASDAQ:AMZN) is a stock worth owning for decades because its three highest-margin engines (AWS, advertising, and subscriptions) are now compounding faster than its low-margin retail business, and that mix shift is structural. For a retirement-focused investor who has watched fads come and go, the appeal here is the unusual combination of a consumer utility, ... This Magnificent 7 Stock Is the Ultimate “Set-It-and-Forget-It” Buy

Hidden inside Meta's (META) massive advertising machine is a product suite already at a $20 billion annual revenue run rate. This value optimization suite, adopted by businesses for its performance, has more than doubled in the last year. It represents a powerful new layer of monetization, scaling quietly beneath the surface of the core social apps.

The European Commission's Cloud and AI Development Act would bar Amazon, Google, and Microsoft from critical state tenders and triple EU data center capacity

On June 1, CNBC reported that Berkshire Hathaway (NYSE:BRK-B) invested an additional $10 billion in Alphabet (NASDAQ:GOOGL) through a private stock purchase, deepening its bet on artificial intelligence. The move makes Berkshire Hathaway a meaningful participant in Alphabet’s larger $80 billion equity raise aimed at funding AI infrastructure and global computing capacity expansion. This is Berkshire’s ... Buffett’s Berkshire Hathaway Just Made its First Major AI Investment: Here’s the Next AI Bu

Before the stock took off, management gave investors a live A/B test on its most important product, and the results were unambiguous.

Investing.com -- The European Commission introduced new legislation on Wednesday aimed at strengthening domestic cloud, artificial intelligence and semiconductor sectors to reduce dependence on U.S. technology companies.

As the big wave of mega AI IPOs moves in, the retail crowd is probably eager to punch their ticket. Though it’s tough to tell where valuations will end on day one for the likes of Anthropic, OpenAI, and SpaceX, one thing is almost a guarantee: the trading activity is going to be wild. For ... The Real Winner in the Anthropic IPO Isn’t Anthropic, OpenAI, or Even Google.

Analysts have left their price targets for Amazon.com unchanged, keeping expectations steady for now. With no new commentary from analysts to unpack, the focus shifts to what this silence might mean for how the stock is being viewed across the market. As you read on, you will see how to track these kinds of quiet shifts and stay on top of the evolving narrative around Amazon.com. Stay updated as the Fair Value for Amazon.com shifts by adding it to your watchlist or portfolio. Alternatively,...

The spending on AI has only just begun.

Brian Olsavsky joined Amazon in 2002, the same year it debuted on the Fortune 500.