Tesla Cybertruck Event and Other Earnings Reports Headline Early Stock Market Action In early trading on Thursday, Dow Jones futures rose slightly, along with S&P 500 futures and Nasdaq futures. The upcoming Tesla Cybertruck event and an OPEC+ meeting before the open are expected to keep investors busy. Software makers, including Salesforce.com (CRM), had another …
Dow Jones futures slightly rose in the early hours on Thursday, along with S&P 500 futures and Nasdaq futures. Salesforce.com (CRM) was the center of attention in another eventful night of software and earnings reports. Before the market opens, the Fed’s preferred inflation gauge and an OPEC+ meeting are poised to keep investors occupied, with …
Stock Market Report Dow Jones futures, S&P 500 futures, and Nasdaq futures remained stable after hours. Earnings reports from CrowdStrike (CRWD), Intuit (INTU), Workday (WDAY), and NetApp (NTAP) took the spotlight. The stock market experienced a quiet session on Tuesday with minor increases in the major indexes, coinciding with a decrease in Treasury yields. Crude …
Snap stock saw a significant surge on Tuesday fueled by reports of an agreement allowing users to purchase Amazon products directly through Snapchat. This deal mirrors a similar arrangement between Amazon and Meta, the parent company of Facebook. As per the deal, Snap users will have the capability to buy Amazon products advertised on Snapchat …
Dow Jones Futures Edge Higher Early Wednesday Dow Jones futures, S&P 500 futures, and Nasdaq futures all saw a slight increase early Wednesday. Tesla rivals Rivian and Lucid reported robust results with staffing firm Upwork among the winners. The stock market rally extended its winning streak on Tuesday, with Treasury yields decreasing and upbeat earnings …
Amazon announced plans to launch an independent cloud for Europe, catered towards highly-regulated industries and the public sector. The Amazon Web Services European Sovereign Cloud will be located within Europe, separate from the company’s other cloud operations. This move highlights the importance for businesses to comply with Europe’s data privacy regulations and the region’s push …
The regulator was concerned with Amazon’s dual role as both a marketplace and a competitor to merchants selling on its platform. Nathan Stirk | Getty Images E-commerce giant Amazon announced a major investment in the artificial intelligence company Anthropic, committing up to $4 billion and taking a minority ownership position. Amazon’s move highlights its aggressive …
At the World Artificial Intelligence Conference (WAIC) in Shanghai, China on July 6, 2023, the Alibaba Group sign was prominently displayed. The presence of the Chinese e-commerce giant continues to make waves in the industry. According to Refinitiv data, Alibaba reported a significant 14% year-over-year revenue growth in the quarter ended June 30. This marks …
At the World Artificial Intelligence Conference (WAIC) in Shanghai, China on July 6, 2023, the prominent Alibaba Group sign caught everyone’s attention. This demonstrates their commitment to advancements in technology and artificial intelligence. Alibaba, a leading Chinese e-commerce giant, has announced a major move in the AI industry. They are opening up their own artificial …
Alibaba, the Chinese e-commerce giant, has announced that Joe Tsai, the billionaire owner of the Brooklyn Nets, will become the company’s chairman. Tsai, a Taiwanese-Canadian billionaire with a net worth of $7.7 billion, will replace Daniel Zhang, who is stepping down to focus on Alibaba’s cloud division. Tsai, who graduated from Yale, co-founded Alibaba in …