For the past two years, conversations about artificial intelligence have focused almost entirely on computing power, specifically the specialized chips used to train AI models. Companies with the greatest access to chips were widely viewed as the ones best positioned...
Amazon pulled its Prime Day event out of July and into late June this year. The strategic timing shift aimed at capturing summer travel spending and early back-to-school purchases. But the more revealing story is what people ultimately ordered. The headlines about...
Amazon made two significant moves that captured attention this week. First, the company announced an additional $13 billion investment in AI and cloud infrastructure in India by 2030, on top of $35 billion already committed. This new investment will bring its total...
Amazon had a rough Thursday, with its stock dropping more than 3% to close at $227.01 and falling below the lowest price target any Wall Street analyst had set for the company. The drop erased around $79 billion in market value in a single day, and the unusually high...
Amazon Prime Day got off to a stronger-than-expected start, with U.S. online shoppers spending $8.3 billion on the first day alone, a 5.3% increase from the same period last year and the biggest single day for U.S. e-commerce in 2026 so far. Adobe Analytics, which...
Amazon’s Prime Day arrived in June this year. The four-day sales event, which runs from the 23 through 26, is being watched closely. And not just as a retail milestone, but as a real-time snapshot of where American consumers actually stand financially. Bank of...
Walmart had a strong Tuesday in the market, gaining nearly 2% in after-hours trading and adding close to $18 billion in market value, even as the broader S&P 500 dropped more than 1%. Most of that gain appears tied to a broader investor shift into consumer staples...
Amazon Prime Day moved earlier than usual this year, running June 23 through 26. The shift from its traditional July slot was driven in part by a calendar packed with the FIFA World Cup and the 250th anniversary of U.S. independence. The earlier timing also gave...
Utah is becoming one of the most attractive states in the country for data center development, and the reason runs literally beneath its highways. Starting with the Interstate 15 reconstruction ahead of the 2002 Winter Olympics, Utah’s Department of...
Global oil markets reacted swiftly and dramatically to reports of a U.S.-Iran ceasefire and the potential reopening of the Strait of Hormuz, with both major crude benchmarks falling roughly 5% in a single trading session. West Texas Intermediate fell to just below $81...
