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Amazon has joined the exclusive $3 trillion market cap club, becoming only the second U.S. company to reach this milestone. This achievement highlights its strong position in the market, particularly following a significant surge in AWS revenue. The company's performance underscores its pivotal role in the tech landscape, especially as it navigates the evolving AI landscape alongside Microsoft.
Latest News
| Title | Published |
|---|---|
AMD Stock Slides After Solid Earnings Report AMD Stock Slides After Solid Earnings Report | about 8 hours ago |
AMD Stock Slides After Solid Earnings Report Advanced Micro Devices reported solid but unspectacular second-quarter earnings results on Tuesday afternoon. Adjusted operating income reached $3.1 billion, with a 27% operating margin, just above the Wall Street consensus estimate. In the all-important data center segment, sales were $6.7 billion, ahead of projections of $6.3 billion and up 107%, with a 31% operating margin. | about 8 hours ago |
Stock Market Today: Dow, S&P 500 Hit New Highs; SpaceX Jumps Ahead Of Q2 Report Stock Market Today: Dow, S&P 500 Hit New Highs; SpaceX Jumps Ahead Of Q2 Report | about 9 hours ago |
Stock Market Today: Dow, S&P 500 Hit New Highs; SpaceX Jumps Ahead Of Q2 Report The Dow Jones Industrial Average and the S&P 500 finished at record highs Tuesday, aided by slumping oil prices on fresh enthusiasm for a U.S.-Iran peace deal. On the stock market today, Palantir Technologies zoomed up and Dell Technologies broke out of a base. Space Exploration Technologies, known as SpaceX, surged before its quarterly report. | about 9 hours ago |
Jeff Bezos Is Pushing Amazon's Prime Video Into an AI Showcase, a Sign of How the Company Plans to Justify Its AI Spending The company wants to boost engagement through personalized recommendations. | about 9 hours ago |
Pinterest Stock Falls Despite Earnings Beat Pinterest Stock Falls Despite Earnings Beat | about 9 hours ago |
Pinterest Stock Falls Despite Earnings Beat Pinterest expects current quarter revenue to be between $1.19 billion to $1.21 billion, roughly in line with Wall Street’s estimate of $1.2 billion. | about 9 hours ago |
AMD Stock Slides After Solid Earnings Report
AMD Stock Slides After Solid Earnings Report
AMD Stock Slides After Solid Earnings Report
Advanced Micro Devices reported solid but unspectacular second-quarter earnings results on Tuesday afternoon. Adjusted operating income reached $3.1 billion, with a 27% operating margin, just above the Wall Street consensus estimate. In the all-important data center segment, sales were $6.7 billion, ahead of projections of $6.3 billion and up 107%, with a 31% operating margin.
Stock Market Today: Dow, S&P 500 Hit New Highs; SpaceX Jumps Ahead Of Q2 Report
Stock Market Today: Dow, S&P 500 Hit New Highs; SpaceX Jumps Ahead Of Q2 Report
Stock Market Today: Dow, S&P 500 Hit New Highs; SpaceX Jumps Ahead Of Q2 Report
The Dow Jones Industrial Average and the S&P 500 finished at record highs Tuesday, aided by slumping oil prices on fresh enthusiasm for a U.S.-Iran peace deal. On the stock market today, Palantir Technologies zoomed up and Dell Technologies broke out of a base. Space Exploration Technologies, known as SpaceX, surged before its quarterly report.
Jeff Bezos Is Pushing Amazon's Prime Video Into an AI Showcase, a Sign of How the Company Plans to Justify Its AI Spending
The company wants to boost engagement through personalized recommendations.
Pinterest Stock Falls Despite Earnings Beat
Pinterest Stock Falls Despite Earnings Beat
Pinterest Stock Falls Despite Earnings Beat
Pinterest expects current quarter revenue to be between $1.19 billion to $1.21 billion, roughly in line with Wall Street’s estimate of $1.2 billion.