Latest in Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
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French banks diverge as Société Générale shares surge, BNP Paribas stock sinks
France’s top two banks saw their share prices take rival trajectories on Thursday as Société Générale shares surged on news of a management shakeup while BNP Paribas shares slipped on a mixed set ...Business - MarketWatch - October 31 -
Economists warn Trump’s policies will trigger inflation
US president-elect won on claims he could rid of high prices yet many analysts think he will do the oppositeWorld - Financial Times - November 6 -
Seven & i shares surge on report its founding family is raising over $50 billion to take the firm private
NHK said the founding family will raise over 8 trillion yen from "three Japanese megabanks and major American financial institutions."Business - CNBC - 4 days ago -
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying offTech - ABC News - October 30 -
Apple looks strong on AI; Amazon rules the cloud. Earnings will show how much.
Expect positive surprises from these two “Magnificent Seven” standouts.Business - MarketWatch - October 31 -
Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.Business - CNBC - November 4 -
The Man Behind Amazon’s Robot Army Wants Everyone to Have an AI-Powered Helper
Brad Porter helped Amazon deploy an army of warehouse robots. His new creation—Proxie—could help other companies embrace more automation.Tech - Wired - 3 days ago -
Amazon doubles down on Anthropic, positioning itself as a key player in the AI arms race
Amazon strengthens its position in the AI race with an additional $4 billion investment in Anthropic, committing to custom silicon and cloud dominance to compete with Microsoft and Google.Tech - VentureBeat - Yesterday -
NASCAR Power Rankings: Tyler Reddick surges ahead after rising to the occasion at Homestead-Miami
Reddick is nearly at the top of the Power Rankings after taking a Championship 4 spot in epic fashionSports - CBS Sports - October 29 -
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligenceTech - ABC News - October 30 -
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts' expectations, while revenue missed slightly.Business - CNBC - November 13 -
US economy grew at robust pace in third quarter
U.S. GDP grew at a 2.8% annualized rate over three months ending in September.Top stories - ABC News - October 30 -
Shell shares rise as oil major brushes off impacts of global refining slump
The British oil major beat forecasts in posting a 4% drop in its third-quarter profits to $6 billion in the face of a global slump in the market for refined products including diesel, jet fuel and ...Business - MarketWatch - October 31 -
WATCH: Ravens' Lamar Jackson, Derrick Henry share instant reactions to new 'Purple Rising' alternate helmets
The Ravens will debut the new helmets this ThursdaySports - CBS Sports - November 6 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - November 15 -
Revealed: McKinsey clients had ‘rising share of global emissions’, internal analysis shows
Consulting giant had said it engages with clients to help them transition to cleaner energy even as it knew they were in line to exceed climate targets. ‘Capitalism incarnate’: inside the secret ...World - The Guardian - 2 days ago -
Box continues to expand beyond just data sharing, with agent-driven enterprise AI studio and no-code apps
Box debuts its largest set of updates ever, with agent driven enterprise AI data studio and no code apps.Tech - VentureBeat - November 12 -
AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
Cisco and Pure Storage have backed CoreWeave, which is taking on Amazon in supplying cloud-based Nvidia graphics cards to companies for artificial intelligence.Business - CNBC - November 13