Strong Ai Amazon - QuikReader

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 - 8 hours ago

Amazon beats Wall Street expectations with strong cloud business growth

Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast. Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on ...

World - The Guardian - 4 hours ago

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Business - CNBC - Yesterday

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

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 estimates

Tech - ABC News - 1 hour ago

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 - 3 hours ago

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 quarter

Business - Financial Times - 3 hours ago

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 intelligence

Tech - ABC News - Yesterday

Amazon-backed Anthropic debuts AI agents that can do complex tasks, racing against OpenAI, Microsoft and Google

Anthropic, the Amazon-backed AI startup founded by former OpenAI research executives, announced AI agents that can use a computer to complete complex tasks.

Business - CNBC - October 22

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 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 - 48 minutes ago

The Future of AI Is AI Building AI for AI

What if the future is even more dystopian than they’re letting on?

Business - Inc. - October 13

Trump’s Border Plans Are Light on Details but Strong on Fury

The former president’s sweeping immigration proposals face daunting challenges, but voters still trust his positions more than his opponent’s.

Top stories - The New York Times - October 15

Despite signals the U.S. economy is strong, voters are wary

Wall Street has seen six straight weeks of gains and with unemployment near a 50-year low, there are signs the economy is strong. However, the cost of everyday essentials is still a top-of-mind ...

Is the U.S. Economy Too Strong for Its Own Good?

Stocks could come crashing down from record highs if the Fed does anything besides an interest rate cut.

Business - Inc. - October 21

Hermès defies luxury gloom with strong sales

Paris house posts solid growth in contrast to rivals Kering and LVMH

Business - Financial Times - October 24

Pfizer's Strong Quarter Bolsters CEO's Comeback Efforts

The pharmaceutical company reported its third consecutive quarter with positive results.

Business - The Wall Street Journal - 2 days ago

Google’s strong earnings boosted by cloud computing gains

Parent company Alphabet’s shares rise 6% as results show lift from AI demand

Business - Financial Times - Yesterday

The Economy Looks Strong as Election Day Nears

Also, flash floods killed more than 95 people in Spain. Here’s the latest at the end of Wednesday.

Top stories - The New York Times - Yesterday

Amazon shares pop on earnings beat, cloud growth

The company's cloud and advertising units showed strong growth.

Business - CNBC - 2 hours 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

Amazon Joins Big Tech's Foray Into Nuclear Power

The internet giant is part of a $500 million investment to help bring small, modular reactors on to the grid.

Business - The Wall Street Journal - October 16

Brian Williams to host election night special on Amazon

Brian Williams is making a return to the news business. Amazon announced Thursday that former NBC News anchor and MSNBC host will preside over election night coverage it is planning on its ...

Politics - The Hill - October 17

Amazon Doubles Down on Full Workweek in Office Mandate

A month after Amazon announced its full return to office policy, a top executive said employees who didn’t like it were free to work elsewhere.

Business - Inc. - October 18

Why Amazon Can’t Turn Back the Clock

A lot of companies want to drag workers back to the office or insist that consumers revert to their pre-pandemic behavior. They’d better understand that it’s not going to happen.

Business - Inc. - October 22

Walmart and Amazon threaten US drugstores in prescription delivery

Launch of same-day services adds to pressure on struggling pharmacy chains such as CVS and Walgreens

Business - Financial Times - October 22

Princess Zelda Figma Figure Preorders Restocked At Amazon

Amazon has restocked preorders for the Tears of the Kingdom Princess Zelda Figma figure . The Legend of Zelda: Tears of the Kingdom Figma lineup now includes Zelda, Ganondorf, and Link, who is ...

Tech - GameSpot - October 23

How Amazon Sellers Can Boost Their Holiday Sales

Cyber Week should be brands’ top priority this holiday season. These strategies can help.

Business - Inc. - 3 days ago

Amazon's advertising business grew 19% in the third quarter

Amazon's online advertising business jumped 19% year over year to $14.3 billion in the third quarter.

Business - CNBC - 4 hours ago

Amazon Reports Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - 4 hours ago

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

Yankees chase Guardians ace Tanner Bibee early, secure 6-3 win for 2-0 ALCS series lead

The series shifts to Cleveland with the Guardians in desperate need of a victory.

Sports - Yahoo Sports - October 15

Embattled Abbott Labs comes through with a strong quarter, buyback announcement

Abbott Labs delivered for investors who stuck with the stock despite legal woes that emerged earlier this year.

Business - CNBC - October 16

US economic growth is strong — so why cut rates?

Only borrowers such as struggling commercial property and debt-laden zombie companies will benefit

World - Financial Times - October 17

Kamala Harris must stay strong on Biden-era corporate enforcement

If Kamala Harris wants to maintain her brand as a strong leader who is unafraid to take on powerful interests — and, more importantly, if she wants to act as one — she should lean into the ...