About the author: Mark A. Jamison is a senior fellow at the American Enterprise Institute and the director and Gunter ...
Mark Zuckerberg's fortune saw a significant drop, pushing him down the Bloomberg Billionaires Index. Investors reacted ...
These developments, along with earnings calls and interviews with executives, make clear that AI has cemented itself as the single biggest catalyst for global corporate investment and the engine of ...
Amazon led the way and jumped 9.6%. The retail giant was by far the strongest force lifting the market after reporting profit for the latest quarter that blew past analysts’ expectations. CEO Andy ...
The AI infrastructure buildout has moved from speculation to reality, and two companies are positioned to capture the lion's share of spending.
More data centers may be built in the Tucson area as well as the controversial Project Blue — one slated for Davis-Monthan Air Force Base and another complex in the ...
Amazon starts building $10 billion data center in Richmond County, North Carolina to power Amazon Web Services, promises 500 jobs but won’t share energy usage ...
This creates a rare market asymmetry: The public sees "bubble" and flees everything AI-related, while sophisticated capital is making precise bets on deflation survivors. Here are three investment ...
Amazon said its cash CapEx was $34.2B in the third quarter and the company has spent $89.9B so far this year. The e-commerce giant noted that it will continue to make significant investments, ...
Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms and Tesla now boast a combined market value north of $22 trillion.
Amazon is implementing significant job cuts, impacting approximately 14,000 corporate employees, despite robust quarterly ...
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