Amazon.com, Inc. (NASDAQ:AMZN) stock gained over 15% on Friday as investors reacted to a double beat in quarterly results and upbeat cloud/AI commentary. BNP Paribas analyst Nick Jones said Amazon delivered a strong second quarter, with AWS momentum supporting higher AI-related investment and a path to a much larger cloud opportunity. AWS Strength Supports The […]

Procter & Gamble Company (NYSE:PG) shares are trading lower after the company reported mixed fourth-quarter results and issued FY27 guidance below estimates. Details Adjusted earnings per share of $1.43, beating the analyst consensus estimate of $1.41. Sales rose 2% year over year (Y/Y) to $21.203 billion, which came below the consensus estimate of $21.379 billion. Sales benefited from favorable […]

It’s been another eventful week in tech, with AI infrastructure deals, chipmaker layoffs, and fresh commentary on the AI trade dominating headlines. Here’s a quick recap of the major tech stories that came in over the week. Intel Launches Fresh Layoffs in Data Center and AI Unit Intel Corp. (NASDAQ:INTC) cut jobs within its Data […]

On Thursday, NVIDIA Corp. (NASDAQ:NVDA) and the Korea Advanced Institute of Science and Technology (KAIST) launched a joint AI research lab in Seoul to develop agentic AI models and systems tailored to South Korea’s industries and language. The roughly $300 million collaboration includes about $50 million in annual compute contributions over five years, funding for […]

Oklo Inc. (NYSE:OKLO) shares are trading higher Wednesday following a report that the company is joining a government program aimed at accelerating power plant development for AI data centers. Oklo Joins Federal Effort to Speed Up Nuclear Power for AI According to Bloomberg, citing a document reviewed by the outlet, Oklo will join Microsoft, Nvidia […]

Solana (CRYPTO: SOL) co-founder Anatoly Yakovenko recently reflected on his decision to step up as a leader, noting that the absence of leadership could cause issues down the line. Why Yakavenko Volunteered To Be The CEO During a July 9 interview with podcaster Luba Yudasina, Yakavenko recalled the time he and Raj Gokal set up […]

Major U.S. indices ended Thursday in the red, with the Dow Jones Industrial Average slipping 0.2% to 52,552.97. The S&P 500 declined 0.51% to 7,533.77, while the Nasdaq dropped 1.47% to 25,881.95. Across U.S. equity markets, trading was mixed beneath the surface at midday, with gains in defensive and value stocks offsetting weakness in chipmakers […]

AMC Entertainment Holdings Inc. (NYSE:AMC) is in the spotlight as an upcoming earnings report, recent analyst activity and a key technical setup all converge on the stock. AMC shares are advancing steadily. Why are AMC shares climbing? Earnings Preview & History AMC Entertainment is expected to report a loss of 5 cents per share along with […]