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Investing.com -- Artificial intelligence infrastructure has become a politically charged issue ahead of the November U.S. midterm elections, but growing opposition to data centers has yet to materially weaken the construction pipeline, according to Citi.
The Federal Trade Commission announced that Amazon will expand payments to eligible customers as part of last year's $2.5 billion settlement.
The global debate over artificial intelligence risks entered a new phase this week amid clashing views from tech executives over whether frontier labs should slow the development of the technology. Leaders of Anthropic, OpenAI, SpaceX and Google DeepMind put forward the need for self-regulation checks on growth that give AI models more control. Meanwhile, Microsoft, Amazon and Meta said they're developing tools to check, control and regulate AI risks as US President Donald Trump called the alerts a "hoax". The call for caution saw a rotation out of tech stocks at the start of the week as investors questioned whether there's a need to reprice the pace of the booming AI buildout.
Bigger paychecks arrive with bigger questions about Amazon’s next chapter.
Wells Fargo calls Cipher Digital a high-risk, high-reward investment.
SAN FRANCISCO, Sept 17 (Reuters) - Amazon weighed in on the artificial intelligence safety debate roiling Silicon Valley, saying AI labs should ensure models are released only when they are safe and fully tested, but stopped short of calling for an industry slowdown. “"We don't see it as a choice between progress and safety,” a spokesperson for the Seattle firm told Reuters.
The warehouse club giant should be inspired to step up its game.
On this episode of Stock Movers: - Generac (GNRC) shares are jumping after the company and Amazon execute a long-term supply agreement, with initial deliveries of backup generators expected to total $2.4b in 2027, 2028. - CoreWeave (CRWV) is the most actively traded stock in the premarket as it kicked off a fresh round of fundraising that includes a $3 billion convertible bond issue and a vehicle for potential share sales. - Lockheed Martin (LMT) shares are moving on news the Pentagon and Lockheed Martin have struck a framework agreement for a multi-year production contract for the Joint Advanced Tactical Missile, or JATM.
Sept 17 (Reuters) - U.S. stock index futures surged on Thursday after the Federal Reserve raised interest rates, reaffirming its focus on taming inflation and removing a long-standing source of market
Generac will supply backup power generators for Amazon data centers in a long-term deal. Amazon also will get warrants to buy Generac stock.
From Amazon to Walmart, companies are handling tariff refunds differently. Here's what it could mean for your wallet.
Online behemoth Amazon said it's increasing the starting hourly wage for its U.S. full-time operations employees like warehouse workers by $1 to $20. With the increase, the average wage will be nearly $24 an hour, with average total compensation of more than $32 an hour including the value of its benefits package, according to Amazon's announcement Wednesday. Amazon also said Wednesday that employees will receive new benefits like a 10% discount on eligible fresh groceries and everyday essentials at Amazon.com and Whole Foods Market online as well as 20% off at Whole Foods physical stores.
The e-commerce company announced the $1 per hour increase, alongside several new benefits like discounts on groceries.
The IPO could break records and send profits at Amazon and Alphabet soaring.
The ChatGPT maker has had preliminary investor discussions about a new raise. It is likely to go public next year.
Stock Market Today: The Dow Jones index drops Tuesday as the 10-year Treasury yield reaches its highest level since 2007. Nvidia stock rises.
Amazon data centers in the U.A.E. and Bahrain are still offline months after being hit in the Iran war, testing the region’s multibillion-dollar ambitions.
Palantir Technologies (PLTR) raised its 2026 revenue guidance in August, and the stock gained about 32% across the release. The easy read is that the market was paying for the bigger number. It was not. At the multiple the market was already paying, that raise is worth about $8 a share, and the tape handed over close to $40.
Netflix, Amazon, and YouTube have established a unified policy coalition to safeguard their growing live sports investments amid mounting federal regulatory pressure.
The three companies are founding members of a new Streaming Access and Choice Alliance that will advocate for consumer access to online content.
The CEO spent months walking through its stores and found the problem in the aisles, not the competition.
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