Amazon shares surge 12%, lifting markets as AWS revival sparks stock surge

Amazon shares soared more than 12% on Friday to a 52-week high after the company posted stronger-than-expected third-quarter results and signaled renewed momentum in its cloud computing and advertising businesses....

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster
Coinbase CLO Fires Back at Senator Murphy Over ‘Corruption Factory’ Claim
Evening digest: Trump’s Asia tour ends, Netanyahu warns Hamas, Novo challenges Pfizer

Investing News

Weekly wrap: Trump-Xi truce talks, trillion-dollar milestones, and tech power plays

This week was packed with historic milestones and high-stakes moves across business and geopolitics. Trump and Xi finally met after…

Inside big tech’s $400 billion AI race: brilliant strategy or bubble waiting to burst?

Big Tech has poured roughly $380-400 billion into AI infrastructure this year, fueling a race to build data centers, buy…

Teucrium Files for Flare Network ETF as XRP Minting For FXRP Tops $120M

Teucrium Trading LLC has reportedly filed for a Flare ETF. The move comes as the Flare Network sees record activity,…

US big tech earnings confirmed one thing — AI is not a speculative bubble

Despite growing chatter about an artificial intelligence (AI) bubble, recent earnings from Silicon Valley’s biggest names – Google, Apple, Meta,…

Amazon shares surge 12%, lifting markets as AWS revival sparks stock surge

Amazon shares soared more than 12% on Friday to a 52-week high after the company posted stronger-than-expected third-quarter results and…

Coinbase CLO Fires Back at Senator Murphy Over ‘Corruption Factory’ Claim

Coinbase’s Chief Legal Officer, Paul Grewal, has publicly criticized U.S. Senator Chris Murphy. The lawmaker accused the company of corruption…

Stock News

Evening digest: Trump’s Asia tour ends, Netanyahu warns Hamas, Novo challenges Pfizer

US President Trump wraps up his Asia tour with major trade and security announcements, while Israel’s Netanyahu issues a stern…

Amazon shares surge 10% as AWS posts strongest growth since 2022

Amazon.com Inc.’s stock jumped 10% in after-hours trading Thursday after its cloud division, Amazon Web Services (AWS), delivered its strongest…

Senate Committee Finalizes Updated Crypto Market Structure Bill Draft, Release Expected In Days

The U.S. Senate committee is set to release an updated draft of the Crypto Market Structure Bill. The legislation seeks…

Fed delivers quarter points rate cut amid data uncertainty

The Federal Reserve on Wednesday approved its second consecutive interest rate cut, a widely anticipated move that came despite limited…

Fed delivers quarter points rate cut amid data uncertainty

The Federal Reserve on Wednesday approved its second consecutive interest rate cut, a widely anticipated move that came despite limited…

FOMC Meeting: Federal Reserve Lowers Interest Rates by 25 Bps in Second Cut of the Year

The U.S. Federal Reserve has announced it has lowered the interest rate by another 25 basis points (bps). This marks…

Latest News

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to...

X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

Card-reading contact lenses, X-ray poker tables, trays of poker chips that read cards, hacked shuffling...

Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

Customers of the athletic shoe company On have filed a class action lawsuit alleging that...

Giorgio Armani group names longtime executive Giuseppe Marsocci as CEO

MILAN — Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with...

Weekly wrap: Trump-Xi truce talks, trillion-dollar milestones, and tech power plays

This week was packed with historic milestones and high-stakes moves across business and geopolitics. Trump...

US big tech earnings confirmed one thing — AI is not a speculative bubble

Despite growing chatter about an artificial intelligence (AI) bubble, recent earnings from Silicon Valley’s biggest...

Evening digest: Trump’s Asia tour ends, Netanyahu warns Hamas, Novo challenges Pfizer

US President Trump wraps up his Asia tour with major trade and security announcements, while...

Fed delivers quarter points rate cut amid data uncertainty

The Federal Reserve on Wednesday approved its second consecutive interest rate cut, a widely anticipated...