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Amazon NASDAQ:AMZN is exploring ways to pair its Leo satellite broadband service with Prime memberships, potentially using its existing customer base to compete with SpaceX's (SPCX) Starlink.The company plans to begin providing satellite internet before the end of 2026, but has not confirmed whethe…
U.S. natural gas futures settled lower after the EIA said storage rose by 85 billion cubic feet in the week ended Oct. 2. The build topped the 79 bcf expected in a WSJ survey and weighed on prices.
CryptoQuant said bitcoin miners moved back into profitability in late August when bitcoin crossed $76,000, and that they are no longer dumping bitcoin to stay afloat. Bitcoin fell 2.6% to $81,272.
Amazon.com Inc. (NASDAQ: AMZN ) is heading into its third-quarter report with investors weighing strong Amazon Web Services expectations against pressure from higher AI spending, data-center investment and a weaker broader market setup. Amazon shares fell nearly half a percent in Thursday trading as risk appetite weake
UBS launched coverage of five AI data center operators with Buy ratings across the board, arguing that new lease signings and stronger tenants can keep driving value higher, according to CNBC. The list includes Core Scientific Inc. (NASDAQ: CORZ ), Cipher Mining Inc. (NASDAQ: CIFR ), Applied Digital Corp. (NASDAQ: APLD
Nvidia reported Q2 earnings of $2.22 a share versus $2.09 expected, with revenue of $96.2 billion versus $92.18 billion expected. It sees Q3 revenue of $108 billion, plus or minus 2%, and guided FY28 revenue growth to about 70%.
Marvell Technology remains one of JPMorgan’s top semiconductor picks, with the firm expecting fiscal second-quarter results in line with or slightly above consensus and third-quarter revenue guidance above the Street estimate.
Fabrinet reported fiscal fourth-quarter revenue of $1.316 billion and non-GAAP EPS of $4.10, topping consensus, but shares fell after datacom sales declined sequentially due to lower sales to Nvidia.
Amazon.Com Inc (NASDAQ: AMZN ) stock gained by more than 5% on Monday as risk appetite improves across growth and consumer names, helping the stock extend an already-strong uptrend. The Nasdaq is up 1.36% while the S&P 500 has gained 1.17%, and Amazon is also getting a tailwind from the Consumer Discretionary sector’s
Amazon.com, Inc. (NASDAQ: AMZN ) stock gained over 15% on Friday as investors reacted to a double beat in quarterly results and upbeat cloud/AI commentary. BNP Paribas analyst Nick Jones said Amazon delivered a strong second quarter, with AWS momentum supporting higher AI-related investment and a path to a much larger
Intel Corp. (NASDAQ: INTC ) stock gained in premarket trading on Friday after the chipmaker reported stronger-than-expected second-quarter results and issued third-quarter guidance above analyst estimates. Beats Estimates, Raises Outlook The chipmaker beat second-quarter expectations, with revenue rising 25% year over
CoreWeave Inc. (NASDAQ: CRWV ) stock edged lower in Thursday’s premarket session after tumbling 13.92% in the previous trading day. The weakness followed reports that Meta Platforms Inc. (NASDAQ: META ) is exploring an expansion into AI computing services, raising concerns that the tech giant could become a new competi
Microsoft and Meta are being treated like bear market stocks despite their massive AI investments, according to Wedbush analyst Dan Ives
Amazon stock may rise 20% due to favorable market conditions. This could be driven by strong earnings or sector trends.