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Amazon is planning 'Project Mercury', a major initiative to expand its US same-day delivery sites from 85 to over 1,000 by 2031. Allocating $6.8B across 2026-2027, the plan aims to reach 80% of Prime…
Amazon Web Services confirmed it cannot restore access to its Bahrain cloud region and a UAE data-hosting zone following Iranian drone strikes. The unprecedented physical destruction resulted in perm…
Amazon stock slipped 2% following an AWS outage in the UAE region that forced workload migrations. Despite ongoing positive operational partnerships, including a multi-year deal with Cognition, the i…
Famed investor Michael Burry and Amazon founder Jeff Bezos traded commentary on U.S. wealth inequality and economic policy amid renewed political calls by lawmakers for federal wealth taxes.
U.S. stocks retreated as benchmark 10-year Treasury yields surged past 5% ahead of the Fed's rate decision. Oil jumped, with WTI topping $105. Amazon suffered AWS data loss in the Middle East, while …
Costco is raising motor oil prices and rationing purchases per customer as energy market pressures persist. While motor oil alone has a negligible earnings impact, investors are watching for broader …
US stocks fell as 10-year Treasury yields breached 5% ahead of the Fed's expected rate hike. WTI and Brent crude surged following Saudi export halts and pipeline disruptions. Salesforce expanded AI i…
The Roundhill Magnificent Seven ETF (MAGS) is approaching key resistance near $70.80. A sustained breakout above this level could signal renewed momentum for mega-cap tech giants including Apple, Mic…
U.S. indices dropped as Treasury yields reached 19-year highs and crude oil spiked past $104 following Saudi pipeline disruptions. While semiconductor stocks stabilized, Amazon tumbled after losing M…
US equity indices retreated as the 10-year Treasury yield surged past 5% ahead of the Fed meeting. Crude oil rallied over 5% following Saudi export terminal halts and pipeline closures after Houthi a…
Amazon Web Services confirmed permanent customer data loss across Middle Eastern facilities after military drone strikes hit data centers in Bahrain and the UAE. AWS suspended regional billing and ad…
Oracle raised its fiscal 2026 restructuring budget by $700 million to $2.8 billion while accelerating AI cloud expansion. A surging $664 billion backlog and $30 billion in new AI contracts highlight …
Amazon shares dropped nearly 2% amid mounting Federal Reserve rate hike expectations and severe cloud infrastructure disruptions. AWS revealed its Bahrain and UAE data centers sustained extensive phy…
An equity comparison between Chewy and TJX Companies highlights TJX as the superior investment due to consistent earnings, strong cash flow, and sustained off-price retail demand, whereas Chewy faces…
RBC Capital Markets expects Costco's Q4 gross margin to stay flat at 11.1%, as higher fuel and transportation costs are offset by tariff refunds. RBC slightly lowered its Q4 EPS forecast to $6.54 fro…
Alibaba holds a Zacks Rank #3 (Hold) amid mixed earnings estimate revisions. Current-quarter EPS estimates rose 12.7%, while full-year and next-year projections declined. Despite strong quarterly rev…
Amazon has been unable to restore access to customer data stored at Persian Gulf facilities damaged during the US-Iran conflict, threatening AWS operational reliability and raising significant liabil…
Anthropic cofounders debuted on the Forbes 400 as the startup generated $11.6 billion in Q2 revenue, surpassing OpenAI's $6.7 billion. Both generative AI giants have submitted confidential IPO filing…
Amazon fell as AWS suffered unprecedented infrastructure damage in Bahrain and the UAE due to regional conflict. AWS cannot restore the Bahrain region until at least 2027, challenging its core redund…
Amazon announced Prime Big Deal Days for October 6-7, aiming to capture early holiday demand ahead of Q4. The 48-hour sales event leverages AI shopping tools and exclusive discounts, building on stro…