Latest in Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
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Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.Business - CNBC - 4 hours ago -
Apple, Meta and Amazon must show the stock market that AI spending is paying off
Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.Business - MarketWatch - Yesterday -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - 5 hours ago -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - 4 hours ago -
U.S.C. Made a Huge Investment in Lincoln Riley. It’s Not Paying Off.
It’s late October and the Trojans already have nothing to play for but pride, a columnist for The Athletic writes.Sports - The New York Times - October 20 -
Big Tech Sees AI Bets Starting to Pay Off
Microsoft, Google and Amazon all report strong quarterly growth in cloud revenue, but warn of increased capital spending.Business - The Wall Street Journal - 30 minutes ago -
Yankees' investment in sluggers pays off: Juan Soto, Aaron Judge, Giancarlo Stanton got NY to the World Series
Huge home runs powered the Yankees into and through the playoffsSports - CBS Sports - October 20 -
Why investing in the market’s dogs can pay off more than today’s hot stock
How a contrarian bet vs. a sure thing can make you more money.Business - MarketWatch - 5 days ago -
Amazon, Google and Microsoft Are Investing in Nuclear Power
Large technology companies are investing billions of dollars in nuclear energy as an emissions-free source of electricity for artificial intelligence and other businesses.Business - The New York Times - October 16 -
Reeves signals hike in National Insurance for firms
The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.Top stories - BBC News - October 14 -
UK capital gains tax receipts surge ahead of Budget
Revenue rises 16.3% between July and September as investors rush to get ahead of expected rate increaseBusiness - Financial Times - October 22 -
After Decades of Increases, CEO Pay Dipped in 2023
An annual study of chief executive compensation found average pay dropped nearly 20 percent last year, reflecting a reduction of stock options in their pay packages.Business - Inc. - October 17 -
From intern to CEO: does it pay to be a company lifer?
Executives who spend their career at one place can boost morale and loyalty but risk stifling innovationBusiness - Financial Times - 4 days ago -
Yes, CEOs are moving left, but ‘woke capitalism’ is not the whole story
The corporate world has taken a progressive turn, while polarisation is also on the riseBusiness - Financial Times - October 18 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...Top stories - NBC News - October 21 -
Amazon signs deals to build, invest in small modular nuclear reactors
Amazon announced a series of deals Wednesday aimed at building out small modular nuclear reactors, becoming the latest major technology company to invest in nuclear energy as Big Tech contends with ...Politics - The Hill - October 16 -
U.S. to Curb AI Investment in China Soon
Some technologies and financial commitments will be blocked, based on President Biden’s 2023 executive order to keep American expertise from helping the Chinese military.Business - Inc. - October 22 -
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Mexico says foreign firms have pledged $20 billion in investments, but many are old or uncertain
Mexican officials say companies have pledged $20 billion in new foreign direct investment in MexicoTech - ABC News - October 15 -
This bank account is paying 5.25% right now as interest rates surge
Big rises in yields in recent weeks are good for savers.Business - MarketWatch - Yesterday -
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.Business - CNBC - Yesterday -
To Make AI Pay, Master 2 Power Traits
You must be insatiably curious and excel at managing process redesign.Business - Inc. - October 16 -
Crocs doubled down on ugly. It is paying off
Maker of foam clogs has gone from laughing stock to good stock — and the shares do not look expensiveWorld - Financial Times - 6 days ago -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20 -
Google’s AI-Fueled Results Bode Well for Rivals Amazon and Microsoft
Sales gains in its cloud business point to growing, sustained demand for AI-juiced computing power.Business - Inc. - Yesterday -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - 7 hours ago -
Lenovo's Handheld Gaming PC Is $200 Off At Amazon, Best Price Yet
Lenovo Legion Go Handheld Gaming PC $499 (was ...Tech - GameSpot - 2 days ago -
Atari's Customizable Retro Gaming PC Is 50% Off At Amazon Right Now
Atari VCS All-In Bundle $200 (was ...Tech - GameSpot - Yesterday -
ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth
American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.Business - CNBC - October 14 -
U.S. proposals to curb AI, semiconductor investment into China under final review
The proposals are part of the Joe Biden administration's efforts to restrict the flow of U.S. capital, technology and expertise into China.Business - CNBC - October 22 -
How Arm could be the unexpected winner of the AI investment boom
Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much furtherBusiness - Financial Times - Yesterday -
Nuclear-energy ETFs surge as uranium prices remain rangebound. Is now a good time to invest?
ETFs that track uranium miners and nuclear-energy stocks have skyrocketed in October, as some of the largest tech companies have tapped into nuclear power to fuel data centers as part of their AI ...Business - MarketWatch - October 18 -
Amazon goes nuclear, to invest more than $500 million to develop small modular reactors
Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers.Business - CNBC - October 16 -
Amazon, Google make dueling nuclear investments to power data centers with clean energy
Tech giants Amazon and Google are investing in the next generation of nuclear reactorsTech - ABC News - October 16 -
Amazon goes nuclear, plans to invest more than $500 million to develop small modular reactors
Amazon Web Services is investing over $500 million in nuclear power, announcing three projects from Virginia to Washington State.Top stories - NBC News - October 16
