Amazon's future growth from its position as a $2 trillion company will likely be determined by the billions of dollars it has designated to fund its artificial intelligence ambitions.
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CNBC - Business
3 ways artificial intelligence could drive Microsoft stock past its record highs in 2024
Shares of the tech giant surged to an all-time high Friday. -
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ABC News - World
The Latest | Hamas says 'positive response' from mediators to its cease-fire amendments
A spokesperson for Hamas says the group’s proposed amendments to the most recent U_S_ plan for a cease-fire in Gaza “have been met with a positive response by the mediators.” -
MarketWatch - Business
Why this fund manager trimmed his Nvidia position — and has a warning about AI
Ken Laudan of Buffalo Funds has changed his opinion about how long it will take for “AI adopters” to make the technology useful. -
VentureBeat - Tech
Meet the startup using AI to slash healthcare’s trillion-dollar administrative burden
Anterior raises $20M to transform healthcare administration with AI, promising to slash costs and streamline prior authorizations for health insurers. -
MarketWatch - Business
Nvidia is starting to act like its own asset class
Shares of Nvidia Corp. are growing increasingly disconnected from the average stock in the S&P 500, prompting one analyst to quip that the chip designer is starting to behave like its own asset class. -
MarketWatch - Business
CureVac’s stock soars on GSK’s $1.56 billion deal for its COVID-19 and flu vaccines
U.K. pharmaceutical giant GSK said the deal gives it the rights to develop, manufacture and commercialize messenger RNA-based candidate vaccines for flu and COVID-19. -
BBC News - Top stories
Amazon at 30: What next for 'The Everything Company'?
Can Amazon sustain its rapid growth since 1994 - or will rivals or regulators cut it down to size?Amazon -
The New York Times - Science
What Is Aphelion? Earth Reaches Its Greatest Distance From the Sun on Friday
Our planet whirls around the sun in an ellipse, rather than a circle. On Friday the planet reached its farthest point from its star, known as aphelion. -
Inc. - Business
Shipping Companies Push Back Against Vessel Speed Rules Designed to Protect Whales
Shipping and commercial fishing companies say these rules, designed to protect whales, pose economic consequences -
The Wall Street Journal - World
Gold Futures Near Two-week Highs on Hopes for US Rate Cuts
Gold futures rose, nearing a two-week high, amid growing investor optimism for a U.S. interest rate cut. -
The Wall Street Journal - World
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
ABC News - Health
India is likely undercounting heat deaths, affecting its response to increasingly harsh heat waves
Months of scorching temperatures sometimes over 50 degrees Celsius (122 Fahrenheit) in parts of India this year left hundreds dead or ill -
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The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
The New York Times - Lifestyle
Carmy’s White T-Shirt and His Style on ‘The Bear’ Has a Fanbase All Its Own
Carmy’s white T-shirt has a fan base all its own. -
ABC News - World
Hezbollah says it has fired 200 rockets into Israel in one of its largest barrages yet, after killing of commander
Hezbollah says it has fired 200 rockets into Israel in one of its largest barrages yet, after killing of commanderIsrael -
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ABC News - World
Afghanistan has been through everything. Now it wants to dust off its postal service and modernize
In parts of Afghanistan where there are no street names or house numbers, utility companies and their customers have adopted a creative approach for connecting -
The Hill - Politics
Trump says he has 'nothing to do' with Project 2025, disagrees with some of its elements
Former President Trump sought to distance himself from the conservative Heritage Foundation’s Project 2025 on Friday, saying he has “nothing to do” with the initiative and disagrees with some of its aspects. Trump said in a post on Truth Social ...Donald Trump -
ABC News - World
The Moulin Rouge cabaret in Paris has its windmill back, weeks after a stunning collapse
The red windmill is back atop the Moulin Rouge cabaret in Paris -
Inc. - Business
AI Deals Push VC Funding Total to 2-Year High
While the number of investments isn't climbing, the huge amounts of capital needed for AI development drove the quarterly figure to $55.6 billion.Artificial Intelligence -
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The Wall Street Journal - World
Israel has declared control over its single-largest swath of land in the occupied West Bank this year, expanding its ability to build settlements in the Palestinian territory as it pursues the war in Gaza.
Israel has declared control over its single-largest swath of land in the occupied West Bank this year, expanding its ability to build settlements in the Palestinian territory as it pursues the war in Gaza. -
ABC News - World
Ukraine’s army retreats from positions as Russia gets closer to strategic town
A spokesperson for Ukraine’s military said its army has retreated from a neighborhood in the outskirts of Chasiv Yar, a strategically important town in the eastern Donetsk region which has been reduced to rubble under a months-long Russian assaultUkraine -
Inc. - Business
Leadership Lessons From the Trenches: How Fast-Growth Founders Avoid Burnout
Inc. 5000 honorees share hard-earned wisdom on navigating the downs and outs of business ownership -- and life itself. -
The Wall Street Journal - World
The head of America's biggest retail bank, Chase Bank, has a warning for its 86 million customers: Prepare to pay for your bank accounts.
The head of America’s biggest retail bank, Chase Bank, has a warning for its 86 million customers: Prepare to pay for your bank accounts. -
The Wall Street Journal - World
Biden defiantly rejected calls for him to withdraw from the presidential race, insisting to supporters and prime-time television viewers that he was Democrats' best shot to defeat Trump.
Biden defiantly rejected calls for him to withdraw from the presidential race, insisting to supporters and prime-time television viewers that he was Democrats’ best shot to defeat Trump.Joe Biden -
MarketWatch - Business
Jeff Bezos aims to sell another $5 billion of Amazon stock, after earlier selling spree
The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February. -
Inc. - Business
Jeff Bezos Said Successful Companies Last '30-Something Years.' Guess How Old Amazon Is Turning?
A big birthday, and some free business lessons. -
MarketWatch - Business
Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon
High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday. -
The Wall Street Journal - World
Euro Corporate Bond Supply Expected to Decline in Second Half of 2024
Rising geopolitical concerns and the upcoming U.S. elections are likely to limit issuance of euro-denominated corporate bonds in the second half, ING said. -
CBS News - Top stories
Amazon has a pre-Prime Day coupon sale on Govee smart lighting
Add some mood lighting to your home with these fun Govee smart lights that you can save on right now. -
The Wall Street Journal - World
Saks Owner to Buy Neiman Marcus, With Help From Amazon
Retail rivals strike a $2.65 billion merger as they seek to gain scale against luxury brands. -
The New York Times - Science
Map Predicts Future Chance of Power Outages From Hurricanes
A new analysis shows increasing frequency and intensity of hurricanes could cause more devastating interruptions to the power grid. -
Financial Times - World
How to protect your wealth from future Labour tax raids
Advisers plot ways to ‘Labour-proof’ clients’ finances after landslide victory -
MarketWatch - Business
Hedge fund selling of tech stocks has limited potential for crash, JPMorgan says
Hedge funds in June sold off tech stocks at their fastest rate on record. This sell-off has limited the potential for a crash, JPMorgan said. -
The Wall Street Journal - World
Amazon will build a top-secret cloud for Australia's government to deepen collaboration with the U.S. and strengthen Canberra's defense communications.
Amazon will build a top-secret cloud for Australia’s government to deepen collaboration with the U.S. and strengthen Canberra’s defense communications.