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Amazon looks to redefine a need for speed with 30-minute deliveries
Associated Press100d agoneutral
Amazon looks to redefine a need for speed with 30-minute deliveries

More than 20 years after it redefined fast shipping, Amazon is preparing to raise the bar on consumer expectations again by offering to fulfill customers' most urgent product needs in a half-hour or less for an extra fee. The company, which revolutionized online shopping in 2005 with two-day deliveries for Prime members, is rapidly opening small order-processing hubs in dozens of U.S. and foreign cities to cater to shoppers who can't or don't want to wait for cough medicine to relieve flu symptoms or tomatoes for tonight's dinner salad. The ultrafast service, called Amazon Now, first launched in India last June.

AI’s Next Leg Might Be Bigger Than Anyone Thinks — and These 2 Stocks Are Quietly Positioning for It
24/7 Wall St.100d agoneutral
AI’s Next Leg Might Be Bigger Than Anyone Thinks — and These 2 Stocks Are Quietly Positioning for It

The cooldown period for the broad basket of AI stocks, especially the semiconductors, appears to have ended, thanks in part to the rise of agents and powerful frontier models like Anthropic’s Claude Mythos. As we move into a phase of the AI boom that goes beyond just large language models or image generators, where AI ... AI’s Next Leg Might Be Bigger Than Anyone Thinks — and These 2 Stocks Are Quietly Positioning for It

Bloomberg100d agobearish
Amazon Kicks Off Debut Swiss Franc Bond Sale in Record Six Parts

(Bloomberg) -- Amazon.com Inc. has begun the sale of its first Swiss franc bonds as it looks to raise a record six-part deal in the currency.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyEpstein's Black Card: How He Moved Women With His AmexTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’The company is selling debt due in three, six, nine, 12, 18 and 25-years, according to a person f

OpenAI, Microsoft agree to cap revenue-sharing at $38 billion, The Information reports
Reuters101d agoneutral
OpenAI, Microsoft agree to cap revenue-sharing at $38 billion, The Information reports

OpenAI and Microsoft agreed to cap total revenue-sharing payments at $38 billion, U.S. ‌digital news outlet The Information reported ‌on Monday, citing a person with knowledge of the arrangement. The ​development comes as OpenAI and Microsoft renegotiated a contract last month, making room for OpenAI to forge new partnerships with companies such as ‌Amazon and Google. The ⁠payment cap could help OpenAI present a stronger long-term pitch to investors ⁠as it works toward a public offering, which some executives said could take place as ​soon as ​the end of this ​year, according to ‌the report.

Shopify Retreats, Amazon Attacks
Motley Fool101d agoneutral
Shopify Retreats, Amazon Attacks

Shopify delivered a strong earnings report, but investors were underwhelmed by guidance. Plus, Amazon's move into logistics caused several shipping stocks to plunge.

Amazon’s €15b France Plan Reshapes Logistics AI And ESG Story
Simply Wall St.101d agoneutral
Amazon’s €15b France Plan Reshapes Logistics AI And ESG Story

Amazon.com (NasdaqGS:AMZN) is committing €15b to expand its operations in France, its largest investment in Europe to date. The plan includes new distribution centers, AI driven logistics upgrades, and thousands of logistics and tech roles across the country. The program also covers worker upskilling initiatives and support for Amazon's net zero carbon target by 2040. The investment strengthens local infrastructure for e commerce, cloud, and AI related services across the French...

Why Companies Are Racing to Put Satellites in Low Earth Orbit
WSJ101d agoneutralVIDEO
Why Companies Are Racing to Put Satellites in Low Earth Orbit

Investors expect the market for low Earth orbit satellites to grow to about $108 billion by 2035. WSJ's Micah Maidenberg explains what's at stake for the corporate fight over LEO, and whether Amazon and others can put a dent in SpaceX's dominance there.

Taiwan Semiconductor (TSM) Is Just Rolling In Billions Of Dollars, Says Newsletter
Insider Monkey101d agoneutral
Taiwan Semiconductor (TSM) Is Just Rolling In Billions Of Dollars, Says Newsletter

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is one of the 14 Stocks That Will Skyrocket. This stock is another one pitched by Adam O’Dell. He makes a big claim to point out that “Amazon is betting its entire AI future on this company’s technology.” In fact, the technology is so crucial that “without this partner’s […]

BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List
24/7 Wall St.101d agoneutral
BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

Bank of America has added FedEx (NYSE:FDX) to its “US 1 List,” a collection of its best investment ideas. The move, announced May 11, is a high-conviction symbolic signal even without a fresh price target attached. For long-term investors, the inclusion reframes FedEx stock as one of Wall Street’s preferred industrial transformation plays heading into ... BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

Bloomberg101d agoneutral
AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized US IPO

(Bloomberg) -- Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion, as demand for the artificial intelligence chipmaker and data center operator’s shares continues to build.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelr

Alphabet Could Pass Nvidia As World’s Most Valuable Company
24/7 Wall St.101d agoneutral
Alphabet Could Pass Nvidia As World’s Most Valuable Company

NVIDIA (NASDAQ: NVDA) could lose its crown as the world’s most valuable company. Alphabet’s (NASDAQ: GOOG) market cap sits at over $4.8 trillion. NVIDIA’s is $5.2 trillion trillion. However, Nvidia’s market cap is up 16% this year. Alphabet’s is up 26%. And, Nvidia’s stock has jumped around recently, with a sell-off in early May. What ... Alphabet Could Pass Nvidia As World’s Most Valuable Company

Apple Stock: Alpha Engine Or Portfolio Diversifier?
Trefis101d agoneutral
Apple Stock: Alpha Engine Or Portfolio Diversifier?

Apple (AAPL) stock has climbed 5% over the past five trading sessions and is now up 13% over the last month, driven by a broader rally in the Nasdaq-100, strong Q2 earnings, a fresh $100 billion share repurchase authorization, and growing optimism around generative AI integration across its devices.