Amazon.com Inc. is funding a natural gas-burning power plant in Texas that could become the largest single source of climate pollution in the United States, according to a New York Times report. The p…
JPMorgan strategists raised their year-end S&P 500 target to 8,000 points, citing strong corporate earnings and signs that AI spending is paying off. The team, led by Dubravko Lakos-Bujas, lifted the …
Microsoft Corp. plans to significantly increase production of its next-generation AI chips, the Information reported, citing people familiar with the situation. The company is in discussions with Taiw…
JPMorgan Chase & Co. strategists raised their S&P 500 Index target to 8,000 points, implying a 3% gain from Friday's close, citing strong corporate earnings and the payoff from massive AI spending. Th…
Amazon.com Inc. is building an AI data center in Pecos County, Texas, that could become the country's largest source of carbon emissions, releasing 33 million tons of CO2 annually, according to a New …
OpenAI Group PBC's upcoming AI speaker will be shaped like a donut and cost around $300, according to a Bloomberg report. The device, which will be a physical manifestation of ChatGPT, is expected to …
A potential US ban on Chinese optical transceiver modules would hurt US hyperscalers like Amazon.com Inc. and Microsoft Corp., exacerbating a supply bottleneck that no American firm can ease, research…
Wall Street strategist Dan Ives of Wedbush Securities has identified Oracle Corp. as the winner and Amazon.com Inc. as the loser in the AI trade, citing Oracle's strategic cloud infrastructure deals a…
Amazon.com Inc. has not yet crossed the $3 trillion market cap threshold, holding a market capitalization of approximately $2.921 trillion as of early August 2026, ranking fifth globally. The company …
Amazon.com Inc. is investing $50 billion in OpenAI, a move that positions Amazon Web Services (AWS) as a first-class host for GPT-class models and erodes Microsoft Corp.'s exclusive leverage over Open…
Amazon.com Inc. reported Q2 revenue growth of 37% year-over-year for its Amazon Web Services (AWS) segment, beating analyst expectations of around 31%, and raised its full-year capital expenditure gui…
Amazon.com Inc. surged 15.32% in its best single-day gain in 14 years, adding roughly $390 billion in market value after reporting Q2 2026 earnings that showed AWS revenue jumping 37% year-over-year t…
Amazon.com Inc. reported Q2 2026 earnings on July 30, with AWS revenue jumping 37% year-over-year to $42.2 billion, its strongest growth in 18 quarters, driven by enterprise AI spending. The stock sur…
Amazon.com Inc. raised its expected 2026 cash capital expenditures to approximately $220 billion, up from about $200 billion, citing higher memory costs, and CEO Andy Jassy said AI capacity will remai…
Amazon.com Inc. reported AWS revenue rose 37% to $42.2 billion in the second quarter, its fastest growth in 18 quarters, and raised its 2026 capital expenditure plan to about $220 billion from roughly…
Amazon.com Inc. shares surged about 12% in premarket trading, poised to add over $300 billion in market value, after the company beat earnings and revenue expectations with stronger-than-expected grow…
Amazon.com Inc. reported second-quarter earnings of $5.75 per share, crushing the $1.82 forecast, on revenue of $200.61 billion, up 20% year-over-year, driven by surging cloud growth and AI demand. Am…
The cost of protecting tech firms' debt against default is surging as Wall Street picks winners and losers in the AI race, with Oracle Corp.'s credit-default swaps reaching a multi-year high of 215 ba…
Amazon.com Inc. is phasing out most of its flagship Nova AI models, including Premier, Omni, Reel, and Canvas, to concentrate resources on a single frontier-model initiative led by researcher Pieter A…
The Nasdaq 100 Index is on track to enter a correction, falling 1.6% on Tuesday and approaching a 10% drawdown from its peak in just 38 trading days, as investor worries about the payoff from artifici…