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SpaceX: The Problem With Starlink's Next 10 Million Users
Trefis71d agoneutral
SpaceX: The Problem With Starlink's Next 10 Million Users

SpaceX is set to go public in a few days at a valuation north of $1.7 trillion. The narrative has quite a few big, futuristic bets: Starship, orbital data centers, and ambitions that stretch far beyond Earth. But the business doing much of the heavy lifting today is Starlink. The satellite internet network has become SpaceX's primary profit engine, but it also carries some very real risks. Average revenue per user is falling, capital requirements remain heavy, and each new wave of customers appe

Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US
Reuters71d agoneutral
Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US

Amazon said on Monday it has signed a multi-billion-dollar deal with specialty glass ‌maker Corning aimed at boosting U.S. production ‌of optical fiber and connectivity products that are used in data ​centers. Amazon, however, did not disclose any further financial details on the partnership. Shares of Corning rose about 7% in early trading, as the partnership came as a fresh ‌boost to the ⁠company's fast-growing fiber optics unit, at a time when weak consumer electronics demand has ⁠weighed on the segment that makes Gorilla glass.

Corning Rallies On Amazon Deal
Investor's Business Daily71d agobullish
Corning Rallies On Amazon Deal

Corning stock rallied on news of a major agreement with Amazon as part of the tech giant's data center expansion.

Investing.com71d agobullish
Corning stock surges 10% on multibillion-dollar Amazon deal

Investing.com -- Corning (NYSE:GLW) shares jumped 10% Monday after Amazon (NASDAQ:AMZN) announced a multiyear, multibillion-dollar agreement with the company to supply optical fiber, cable, and connectivity solutions for Amazon’s expanding data center infrastructure across the United States.

SpaceX Has a Plan for AI That Sounds Like Pure Science Fiction. How It Impacts Your Wealth
24/7 Wall St.71d agoneutral
SpaceX Has a Plan for AI That Sounds Like Pure Science Fiction. How It Impacts Your Wealth

There’s a pre-IPO document making the rounds that reads like a chapter from an Arthur C. Clarke novel. The company behind it wants to launch 100 gigawatts of compute to space each year, roughly one fifth of total annual U.S. power production in 2025. I’ve been reading every AI infrastructure filing I can get my ... SpaceX Has a Plan for AI That Sounds Like Pure Science Fiction. How It Impacts Your Wealth

Hungry? Get a Subway sandwich with your Walmart parcel delivery
FreightWaves71d agoneutral
Hungry? Get a Subway sandwich with your Walmart parcel delivery

Walmart is making e-commerce delivery more convenient with a new 30-minute delivery service, an offer to deliver Subway sandwiches from in-store restaurants, and the expansion of its membership program, which includes free delivery, in Canada. The post Hungry? Get a Subway sandwich with your Walmart parcel delivery appeared first on FreightWaves.

Oracle's cloud pivot remains a high-risk bet
TheStreet71d agoneutral
Oracle's cloud pivot remains a high-risk bet

I've watched plenty of companies chase a hot trend and spend their way into trouble. The story usually looks thrilling on the way up and painful on the way down. Oracle is the latest name testing that thesis. The software giant is pouring tens of billions of dollars into data centers to grab a ...

The 3x Leverage That Built a 192% Year Just Took Back 18% in Hours
24/7 Wall St.71d agoneutral
The 3x Leverage That Built a 192% Year Just Took Back 18% in Hours

On Friday, June 5, 2026, the MicroSectors FANG Innovation 3x Leveraged ETN (NYSEARCA:BULZ) closed at $41.05, down roughly 18% from the prior close of $49.89. If you held $10,000 of BULZ at Thursday’s close, you woke up Saturday with roughly $8,228 and a question about what just happened. The honest answer is that nothing exotic ... The 3x Leverage That Built a 192% Year Just Took Back 18% in Hours

Amazon.com (AMZN) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio
Insider Monkey71d agoneutral
Amazon.com (AMZN) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio

Amazon.com, Inc. (NASDAQ:AMZN) is one of Billionaire Ken Fisher’s Latest Portfolio: 10 Best Stocks to Buy. eCommerce and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are up by 22% over the past year and by 12.2% year-to-date. It is one of the major players in the cloud computing industry and targets the needs of the […]

SOXQ Semiconductor ETF Surges 181.74% as AI Chip Boom Lifts NVIDIA, Broadcom, AMD
24/7 Wall St.71d agobullish
SOXQ Semiconductor ETF Surges 181.74% as AI Chip Boom Lifts NVIDIA, Broadcom, AMD

The Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) has emerged as one of the cleanest, lowest-cost vehicles for direct semiconductor exposure during the AI capex cycle. The fund tracks the PHLX Semiconductor Sector Index, which represents the 30 largest U.S.-listed semiconductor companies, and carries a 0.19% expense ratio, materially cheaper than the older iShares competitor. Since launching ... SOXQ Semiconductor ETF Surges 181.74% as AI Chip Boom Lifts NVIDIA, Broadcom, AMD

UK competition watchdog launches probe into eBay's purchase of Depop
Reuters71d agoneutral
UK competition watchdog launches probe into eBay's purchase of Depop

The UK competition regulator on ‌Monday launched a ‌probe into eBay's $1.2 billion purchase ​of Gen Z-focused fashion resale platform Depop from Etsy. The deal was ‌announced ⁠earlier this year and is expected to ⁠help Etsy double down on its ​core handmade ​and ​vintage goods marketplace ‌in pursuit of a turnaround. The firm has been grappling with softer demand and strong competition ‌from online ​e-commerce platforms ​such ​as Amazon.

Amazon.com, Inc. (AMZN): Top 10 Stocks That Members of Congress Own
Insider Monkey72d agoneutral
Amazon.com, Inc. (AMZN): Top 10 Stocks That Members of Congress Own

With 353 hedge fund holders as of Q1 2026, Amazon.com, Inc. (NASDAQ:AMZN) is among the Top 10 Stocks That Members of Congress Own. On May 29, Amazon.com, Inc. (NASDAQ:AMZN) announced that it would acquire Apple’s 20% stake in Globalstar (GSAT) as part of its $11.6 billion acquisition of the satellite communications company. In a regulatory filing, Amazon stated that its planned investments in constellation […]

Ulta Beauty adds new offering for customers amid Amazon threat
TheStreet72d agoneutral
Ulta Beauty adds new offering for customers amid Amazon threat

Ulta Beauty is expanding its delivery options amid increased competition from Amazon and other rivals in the beauty retail industry. Amazon is the largest beauty retailer in the U.S., capturing an almost 23% share of beauty sales in the region in 2025, according to recent data from NielsenIQ. ...

Is AECOM (ACM) A Good Stock To Buy Now?
Insider Monkey72d agobullish
Is AECOM (ACM) A Good Stock To Buy Now?

Is ACM a good stock to buy? We came across a bullish thesis on AECOM on The Dividend Auditor’s Substack. In this article, we will summarize the bulls’ thesis on ACM. AECOM’s share was trading at $71.44 as of June 2nd. ACM’s trailing and forward P/E were 15.08 and 10.72 respectively according to Yahoo Finance. AECOM, together […]

The Bull Case For UGI (UGI) Could Change Following Utility Sale And ESG Milestone Shift – Learn Why
Simply Wall St.72d agoneutral
The Bull Case For UGI (UGI) Could Change Following Utility Sale And ESG Milestone Shift – Learn Why

UGI Corporation recently reported second‑quarter fiscal 2026 adjusted earnings that fell short of analyst expectations and agreed to sell its electric division for about US$470,000,000, while also pursuing a gas infrastructure partnership in northern Pennsylvania and expanding AmeriGas online propane sales through Amazon. At the same time, UGI confirmed it had already achieved all of its 2025 ESG targets and maintained an AAA MSCI ESG rating, underscoring a push toward cleaner energy and...

Amazon finds itself in hot water over Ring camera feature
TheStreet73d agoneutral
Amazon finds itself in hot water over Ring camera feature

There is an old idea that a person's home is their castle, and that the threshold of a front door marks the line between the public world and the private one. For most of human history, crossing that line meant being seen by, at most, whoever happened to be standing there. That line has quietly ...