Amazon's outlook underwhelms as tech giant forecasts 'lumpy' cloud growth in years ahead
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Trump tariffs hit China: See how tariffs work, which goods are impacted
China hits back with export controls, Canada and Mexico remain under threat. USPS closes then reopens "di minimis" small ...
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Apple’s Long-Awaited Overhaul of iPhone SE Nears Release
Apple Inc. plans to unveil a long-anticipated overhaul of the iPhone SE in the coming days, a move that will modernize its ...
Alphabet's Verily to sell Granular insurance business to Elevance Health
Alphabet's Verily is selling its subsidiary, Granular Insurance Company, to Elevance Health. Verily launched Granular in 2020 ...
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
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Salesforce director named chief of operations, finance
Salesforce on Wednesday announced it had appointed Robin Washington, who has served as one of its board directors since 2013, ...
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Google scraps its diversity hiring goals as it complies with Trump's new government contractor rules
Google is scrapping some of its diversity hiring targets, joining a lengthening list of U.S. companies that have abandoned or ...
These Two Assets May Have the Best Returns Under Trump, Say Investopedia’s Readers
Individual investors have curbed their enthusiasm in recent weeks amid new tariffs imposed by the Trump administration on China and concerns that those will lead to escalating tensions and another ...
Amazon's earnings are on deck. Can the stock climb back into record territory?
Revenue: Analysts tracked by FactSet expect $187.3 billion in revenue, up from $170.0 billion a year before. The FactSet consensus calls for 8.6% growth in North America revenue to $114.6 billion, 9.7 ...
BMO joins IBM’s quantum network to ramp up innovation
Bank of Montreal (BMO) is joining International Business Machines Corp.’s (IBM) quantum network and building its own team of scientists in a bid to accelerate innovation in areas including ...
Google retracts promise not to use AI for weapons or surveillance — prompting employee backlash: ‘Are we the baddies?’
The company’s historical reluctance to engage in military AI projects stems from employee-led protests in 2018, when workers ...