Amazon

3 months ago

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

us-stocks-rise-on-strong-jobs-report-and-trade-optimism

Markets

3 months ago

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

us-stocks-surge-as-us-and-china-agree-to-slash-tariffs

Markets

3 months ago

US Stocks Surge as US and China Agree to Slash Tariffs

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,

Amazon Cuts Jobs in AWS Amid Refocus on Priorities

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

2 weeks ago

Tech

Amazon Launches Kuiper Satellites on SpaceX Rocket

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

2 weeks ago

Tech

Amazon Pledges $20B for AI Data Centers in Australia

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,

2 months ago

Business

Amazon’s $20 Billion Investment in Pennsylvania Data Centers

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

2 months ago

Business

Walmart Expands Drone Delivery to Three More States

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

2 months ago

Uncategorized

S&P 500 Drops After Trump’s Tariff Announcement

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

3 months ago

Markets

Jeff Bezos Plans to Sell $4.8 Billion in Amazon Shares

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

3 months ago

Business

Amazon Sets April 9 Launch Date for Kuiper Satellites

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

4 months ago

Business

Dow Rises as Market Rebounds from Two-Day Losing Streak

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

5 months ago

Markets

Amazon Doubles Down on Anthropic with $4 Billion AI Investment

Amazon has announced a significant new investment of $4 billion in Anthropic, a leading artificial intelligence (AI) startup founded by former OpenAI executives. This move cements Amazon’s role in the rapidly evolving

8 months ago

Business

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