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August 26, 2025

Trump threatens new tariffs over tech tax policies

US signals retaliation against digital service levies President Donald Trump has issued a sharp warning to countries that impose taxes or regulations targeting American tech giants, threatening to retaliate with tariffs and

May 12, 2025

US-China Tariff Pause Boosts Tech and Chip Stocks

Global technology and chip stocks surged on Monday after the U.S. and China agreed to pause most tariffs on each other’s goods. The trade tensions between the world’s two largest economies had

May 2, 2025

US Stocks Rise on Strong Jobs Report and Trade Optimism

Stock Market Climbs Amid Jobs Report and Trade Optimism US stocks surged on Friday, with the S&P 500 marking its longest winning streak since November 2004. The rally was fueled by a

Amazon Cuts Jobs in AWS Amid Refocus on Priorities

by Jamie Spencer

Layoffs Hit Cloud Division After Internal Review Amazon confirmed it is laying off employees within its cloud computing arm, Amazon Web Services (AWS), as part of a restructuring effort aimed at realigning

July 17, 2025

Amazon Launches Kuiper Satellites on SpaceX Rocket

by Jamie Spencer

Unlikely Partnership Sends 24 New Devices into Orbit Amazon advanced its Project Kuiper satellite initiative early Wednesday with a successful launch aboard a SpaceX Falcon 9 rocket. The mission, which lifted off

July 16, 2025

Amazon Pledges $20B for AI Data Centers in Australia

by Jamie Spencer

Amazon has announced a major expansion of its data center infrastructure in Australia, committing A$20 billion ($12.97 billion) from 2025 to 2029. The investment marks Amazon’s largest global technology initiative in Australia,

June 16, 2025

Amazon’s $20 Billion Investment in Pennsylvania Data Centers

by Jamie Spencer

Overview of Amazon’s Data Center Expansion Amazon announced on Monday that it will invest $20 billion in the development of two data center complexes in Pennsylvania. This marks a significant move by

June 9, 2025

Walmart Expands Drone Delivery to Three More States

by Jamie Spencer

Walmart is rolling out its drone delivery service to three more states, expanding to 100 stores in Atlanta, Charlotte, Houston, Orlando, and Tampa within the next year. This move will bring Walmart’s

June 6, 2025

US Stocks Surge as US and China Agree to Slash Tariffs

by Jamie Spencer

US stocks soared on Monday following the announcement of a temporary trade deal between the United States and China, which included a pause in reciprocal tariffs. Investors were relieved by the news,

May 12, 2025

S&P 500 Drops After Trump’s Tariff Announcement

by Jamie Spencer

The S&P 500 fell on Monday, snapping its longest winning streak in 20 years, as investors digested U.S. President Donald Trump’s latest tariff announcement, just ahead of the Federal Reserve’s monetary policy

May 5, 2025

Jeff Bezos Plans to Sell $4.8 Billion in Amazon Shares

by Jamie Spencer

Bezos to Sell 25 Million Shares Over the Next Year Amazon founder Jeff Bezos has announced plans to sell up to 25 million shares of the company over the next year, according

May 2, 2025

Amazon Sets April 9 Launch Date for Kuiper Satellites

by Jamie Spencer

First operational deployment marks milestone for broadband push Amazon has announced that the first operational launch of its Kuiper internet satellites will take place on April 9 at 12 p.m. ET. The

April 2, 2025

Dow Rises as Market Rebounds from Two-Day Losing Streak

by Jamie Spencer

The Dow Jones Industrial Average climbed Wednesday morning after two days of steep losses. Dow stocks gained 0.4% in early trading, while the S&P 500 also moved higher, aiming to break its

March 5, 2025

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