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Amazon Has Over 1.56 Million Workers and 1 Million Robots. A Historic Robot vs. Human Contest Dropped a Hint on What Might Come Next.
24/7 Wall St.91d agobearish
Amazon Has Over 1.56 Million Workers and 1 Million Robots. A Historic Robot vs. Human Contest Dropped a Hint on What Might Come Next.

Amazon (NASDAQ:AMZN) is starting to look like a real frontrunner in physical AI. Now, it’s no mystery that Amazon has been putting robots to work at its warehouse, behind the scenes, to help out humans with all those packages. But until you’ve seen the robots at work, it’s difficult to even begin to fathom what ... Amazon Has Over 1.56 Million Workers and 1 Million Robots. A Historic Robot vs. Human Contest Dropped a Hint on What Might Come Next.

Wall Street is About to Fund the First City on Mars. Here are the Craziest Details from the SpaceX S-1.
24/7 Wall St.91d agoneutral
Wall Street is About to Fund the First City on Mars. Here are the Craziest Details from the SpaceX S-1.

Imagine looking at your retirement account and seeing that your money is helping build a city on Mars. That scenario is no longer science fiction. SpaceX has officially filed its S-1 paperwork to go public, opening its doors to Wall Street and retail investors alike. An S-1 is a formal document a company must file ... Wall Street is About to Fund the First City on Mars. Here are the Craziest Details from the SpaceX S-1.

Microsoft Is Market’s Biggest Drag as AI Woes Weigh Down Stock
Bloomberg91d agoneutral
Microsoft Is Market’s Biggest Drag as AI Woes Weigh Down Stock

(Bloomberg) -- The S&P 500 Index has had a fitful 2026 as it aims for a fourth-straight year of double-digit percentage gains, something it hasn’t done since the 1990s, while contending with risks from the war in Iran and rising inflation. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksGoldman CEO Slides Into Musk’s DMs During Bid to

Donald Trump and Nancy Pelosi Both Recently Bought the Same Underfollowed Stock. It Could Be a Massive AI Winner.
24/7 Wall St.91d agoneutral
Donald Trump and Nancy Pelosi Both Recently Bought the Same Underfollowed Stock. It Could Be a Massive AI Winner.

Two of the most-watched political traders in America, on opposite ends of the spectrum, just bought the same stock. Nancy Pelosi disclosed a Vistra (NYSE:VST) stock purchase tied to a January 16 options exercise executed by her husband, Paul Pelosi. Furthermore, recently released financial disclosures indicate that President Donald Trump bought Vistra shares on February ... Donald Trump and Nancy Pelosi Both Recently Bought the Same Underfollowed Stock. It Could Be a Massive AI Winner.

Delta Bets On Amazon Leo Wi Fi As Valuation Signals Draw Attention
Simply Wall St.91d agoneutral
Delta Bets On Amazon Leo Wi Fi As Valuation Signals Draw Attention

Delta Air Lines selected Amazon Leo as its in-flight Wi-Fi provider instead of SpaceX's Starlink. CEO Ed Bastian publicly backed the decision after Elon Musk criticized the move. The Amazon partnership focuses on cost-effective, feature-rich connectivity to support in-flight services and loyalty programs. For investors watching NYSE:DAL, this decision sits alongside a share price of $74.12 and a value score of 4. The stock has delivered a 7.3% return year to date and is up 55.4% over the...

MGK Holds 46 Percent in Just Five Stocks, And That Concentration Is Driving Most of Its Recent Gains
24/7 Wall St.91d agoneutral
MGK Holds 46 Percent in Just Five Stocks, And That Concentration Is Driving Most of Its Recent Gains

The Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) has 63 holdings, which sounds diversified until you check the weights. Five names carry almost 46% of the fund. The MGK pitch is straightforward exposure to U.S. mega-cap growth, and the math has worked. MGK returned 28% over the past year against 25% for the S&P 500. The ... MGK Holds 46 Percent in Just Five Stocks, And That Concentration Is Driving Most of Its Recent Gains

Major takeaways from Magnificent Seven's AI-fueled earnings
Reuters91d agoneutral
Major takeaways from Magnificent Seven's AI-fueled earnings

The latest quarterly earnings from Big Tech companies have given investors ample reason to stay invested in the AI trade, helping lift equities despite the unprecedented disruption in ‌the oil markets that has clouded the economic growth outlook. Nvidia rounded out the results from the so-called ‌Magnificent Seven that includes Alphabet, Apple, Microsoft, Amazon.com, Meta Platforms and Tesla. Revenue ​growth at the Magnificent Seven remains highly uneven, with Nvidia's blistering pace helping maintain its dominant lead.

This Week In E-Commerce - AI Collaboration Boosts Team Efficiency and Customer Experience
Simply Wall St.91d agoneutral
This Week In E-Commerce - AI Collaboration Boosts Team Efficiency and Customer Experience

Cint has announced an expanded collaboration with Salesforce to enhance AI-powered support through Slack, their cloud-based team communication platform. This development is part of a broader strategic initiative that integrates Salesforce's AI CRM capabilities with Cint's custom product configuration engine. The collaboration aims to streamline operations by enabling teams to manage accounts and conduct go-to-market activities directly within Slack. The first phase has introduced an AI suite...

AMZY Caps Amazon’s Upside While Capturing Every Drop, And the Math Is Brutal
24/7 Wall St.91d agobearish
AMZY Caps Amazon’s Upside While Capturing Every Drop, And the Math Is Brutal

If you bought AMZY at inception hoping to clip Amazon-sized income checks while still riding Amazon’s run, the numbers since October 2023 force an honest conversation. The YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) has delivered the monthly distributions it promised. It has also trailed Amazon stock on total return, and the mechanics that produced ... AMZY Caps Amazon’s Upside While Capturing Every Drop, And the Math Is Brutal

What layoffs hide about the real problem with the job market
Washington Post91d agobearish
What layoffs hide about the real problem with the job market

Jobs can feel precarious right now as well-known companies keep slashing workers. The latest is Meta, which promised it would cut jobs this month and on Wednesday sent layoff notices to about 10 percent of its staff, nearly 8,000 people, according to news reports.Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Like some other technology companies, Meta has attributed the layoffs partly to the effects of artificial intelligence. They

Amazon.com, Inc. (AMZN) Expands with AI-Powered Shopping Guides
Insider Monkey91d agoneutral
Amazon.com, Inc. (AMZN) Expands with AI-Powered Shopping Guides

Amazon.com Inc. (NASDAQ:AMZN) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 13, Amazon.com Inc. (NASDAQ:AMZN) unveiled Alexa for shopping, a new personalized agentic AI assistant. By combining deep product knowledge with comprehensive information across the web, the tech giant is offering one of the most personalized AI shopping assistants. […]

Circular AI Boom Goes Global as Asia Windfall Funds Hyperscalers
Bloomberg91d agobearish
Circular AI Boom Goes Global as Asia Windfall Funds Hyperscalers

(Bloomberg) -- The windfall earned by Asian chip makers is coursing through the world economy, mirroring on a global scale the circular flow of money within the AI ecosystem.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainst

Nvidia bets on new data center chips as sales outlook tops estimates
Reuters Videos91d agobullishVIDEO
Nvidia bets on new data center chips as sales outlook tops estimates

<body><p>STORY: Nvidia on Wednesday forecast second-quarter revenue above Wall Street expectations, and assured investors that new customers would let it maintain blockbuster rates of growth.&nbsp;</p><p>The world's most valuable company expects sales of around $91 billion, compared with estimates of about $87 billion.</p><p>For the first quarter, Nvidia reported revenue of $81.6 billion, also beating forecasts.</p><p>However, its shares dropped over 1% in extended trading, in a sign that investors believe Nvidia will face tougher competition.</p><p>That could come from U.S. rivals Intel and AMD, which are finding new demand for their chips in AI applications.&nbsp;</p><p>Nvidia CEO Jensen Huang told analysts his firm would grow faster than so-called "hyperscale" customers like Alphabet and Amazon.</p><p>He pointed to a new segment of smaller customers in its data center business that includes AI-specific cloud firms.</p><p>He added that the company's new "Vera" central processors give it access to a $200 billion market.</p><p>Huang said Nvidia expects $20 billion in revenue from the new silicon by the end of this fiscal year, in addition to the $1 trillion for existing Blackwell and Rubin chips by 2027.</p></body>

Amazon Now Puts Ultra Fast Delivery And Margins To The Test
Simply Wall St.91d agoneutral
Amazon Now Puts Ultra Fast Delivery And Margins To The Test

Amazon.com (NasdaqGS:AMZN) has launched "Amazon Now", a 30-minute delivery service for groceries and essentials, to millions of U.S. customers. The service is rolling out across dozens of major U.S. cities, supported by a rapidly expanding grocery and essentials fulfillment network. The move adds a new ultra-fast delivery tier to Amazon's existing e-commerce and logistics offerings. For investors watching NasdaqGS:AMZN, the launch of Amazon Now lands on top of a share price of $265.01 and a...

The Real Winner of SpaceX’s IPO: Mark Zuckerberg
24/7 Wall St.91d agoneutral
The Real Winner of SpaceX’s IPO: Mark Zuckerberg

Wall Street has spent the last six months questioning Mark Zuckerberg’s aggressive AI capital spending, with Meta Platforms (NASDAQ:META) raising its 2026 capex guidance to $125 to $145 billion after a Q1 in which revenue grew 33% year over year. While everyone debates whether Meta is overspending, a quieter filing from SpaceX just laid out ... The Real Winner of SpaceX’s IPO: Mark Zuckerberg

Should Amazon’s Tariff Lawsuit And Amazon Now AI Push Require Action From Amazon.com (AMZN) Investors?
Simply Wall St.91d agobearish
Should Amazon’s Tariff Lawsuit And Amazon Now AI Push Require Action From Amazon.com (AMZN) Investors?

In mid-May 2026, a proposed class-action lawsuit was filed in federal court in Seattle alleging Amazon unlawfully passed on later-invalidated IEEPA tariffs to customers on imported goods bought between February 2025 and February 2026, while separate investor advocates urged votes against four Amazon directors over the exclusion of shareholder proposals on issues including AI governance. At the same time, Amazon is pushing deeper into AI-enabled cloud and logistics with rapid expansion of its...

Nvidia Gets Tepid Reaction to Forecast, Ups Investor Rewards
Bloomberg92d agoneutral
Nvidia Gets Tepid Reaction to Forecast, Ups Investor Rewards

(Bloomberg) -- Nvidia Corp., the world’s most valuable company, delivered a sales forecast that drew a lukewarm reaction from investors, even as revenue from data center operators continued to surge. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersUS Treasuries Rebound on Optimi