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Amazon's ambitious $200 billion AI investment plan is raising eyebrows as it aims to bolster its tech infrastructure. This massive spending could reshape the competitive landscape in AI, but it also invites scrutiny over long-term profitability. The company's aggressive strategy underscores its commitment to staying ahead in a rapidly evolving market.
Latest News
| Title | Published |
|---|---|
Geopolitics, Catalyst Dearth Dull European Bourses Middy European bourses tracked sideways midday Monday as traders mulled geopolitical stalemates in Eastern | about 7 hours ago |
Markets Falling as Relief Rally Fades, AI Fears Return. Stock Futures Drop. The three gauges all rebounded on Friday, with the Dow topping 50,000 for the first time ever. Dip-buying in tech snowballed into a full-blown surge for the market after the University of Michigan's preliminary consumer sentiment index topped expectations, signaling that the economy remains robust. The moves early Monday suggest that the bounce could be short-lived ahead of a slew of economic data releases that were delayed by last month’s mini-shutdown. | about 7 hours ago |
Nexus Global Payments Appoints Technical Operator SINGAPORE, February 09, 2026--Nexus Global Payments (NGP) appoints Payments Network Malaysia (PayNet) and Network for Electronic Transfers Singapore (NETS) joint venture as the Nexus Technical Operator (NTO). This follows a competitive procurement process involving global bidders and marks a major milestone in building an interoperable global payments infrastructure. | about 7 hours ago |
These Stocks Are Today’s Movers: Hims & Hers, Novo Nordisk, Micron, Kroger, STMicroelectronics, Nvidia, and More Stock futures were falling Monday with investors concerned a relief rally from the end of last week may not have legs. Hims & Hers Health sank 16% after the online drug retailer said Saturday it would no longer offer a compounded pill version of Novo Nordisk popular weight-loss medicine Wegovy following increased scrutiny from federal regulators. Novo Nordisk’s American depositary receipts gained 6.4% on Monday. | about 8 hours ago |
Amazon CEO Andy Jassy Warns Shoppers Are 'Starting To See More Of That Impact' As Trump's 10% Tariffs Begin Hitting Prices On Amazon Price changes are beginning to appear across Amazon's marketplace. Shoppers are "starting to see more of that impact" as tariff-related costs begin to show up in prices, Amazon (NASDAQ:AMZN) CEO Andy Jassy told CNBC last month at the World Economic Forum in Davos, Switzerland. "This year, people are thinking about lots of things, but top of mind for many of us, including one of the world's largest retailers, is pricing pressure on consumers amid the Trump administration's tariff agenda," he said | about 8 hours ago |
Tesco to open more convenience stores as it snaps up Amazon Fresh sites The supermarket giant said it will open 70 new convenience store sites by March next year. | about 8 hours ago |
Stocks to Watch Monday: Novo Nordisk, Hims & Hers, Apollo ↗️ Novo Nordisk (NVO), (DK:NOVO.B): The Danish drugmaker's stock gained more than 8% after Hims & Hers (HIMS) said it will stop offering a copycat version of Novo Nordisk's weight-loss pill. Shares in Hims & Hers slumped in premarket trading. | about 8 hours ago |
Geopolitics, Catalyst Dearth Dull European Bourses Middy
European bourses tracked sideways midday Monday as traders mulled geopolitical stalemates in Eastern
Markets Falling as Relief Rally Fades, AI Fears Return. Stock Futures Drop.
The three gauges all rebounded on Friday, with the Dow topping 50,000 for the first time ever. Dip-buying in tech snowballed into a full-blown surge for the market after the University of Michigan's preliminary consumer sentiment index topped expectations, signaling that the economy remains robust. The moves early Monday suggest that the bounce could be short-lived ahead of a slew of economic data releases that were delayed by last month’s mini-shutdown.
Nexus Global Payments Appoints Technical Operator
SINGAPORE, February 09, 2026--Nexus Global Payments (NGP) appoints Payments Network Malaysia (PayNet) and Network for Electronic Transfers Singapore (NETS) joint venture as the Nexus Technical Operator (NTO). This follows a competitive procurement process involving global bidders and marks a major milestone in building an interoperable global payments infrastructure.
These Stocks Are Today’s Movers: Hims & Hers, Novo Nordisk, Micron, Kroger, STMicroelectronics, Nvidia, and More
Stock futures were falling Monday with investors concerned a relief rally from the end of last week may not have legs. Hims & Hers Health sank 16% after the online drug retailer said Saturday it would no longer offer a compounded pill version of Novo Nordisk popular weight-loss medicine Wegovy following increased scrutiny from federal regulators. Novo Nordisk’s American depositary receipts gained 6.4% on Monday.
Amazon CEO Andy Jassy Warns Shoppers Are 'Starting To See More Of That Impact' As Trump's 10% Tariffs Begin Hitting Prices On Amazon
Price changes are beginning to appear across Amazon's marketplace. Shoppers are "starting to see more of that impact" as tariff-related costs begin to show up in prices, Amazon (NASDAQ:AMZN) CEO Andy Jassy told CNBC last month at the World Economic Forum in Davos, Switzerland. "This year, people are thinking about lots of things, but top of mind for many of us, including one of the world's largest retailers, is pricing pressure on consumers amid the Trump administration's tariff agenda," he said
Tesco to open more convenience stores as it snaps up Amazon Fresh sites
The supermarket giant said it will open 70 new convenience store sites by March next year.
Stocks to Watch Monday: Novo Nordisk, Hims & Hers, Apollo
↗️ Novo Nordisk (NVO), (DK:NOVO.B): The Danish drugmaker's stock gained more than 8% after Hims & Hers (HIMS) said it will stop offering a copycat version of Novo Nordisk's weight-loss pill. Shares in Hims & Hers slumped in premarket trading.