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Amazon (AMZN) Paid $50 Billion for OpenAI. Microsoft (MSFT) Opened the Door but Kept the Keys
Insider Monkey12d agoneutral
Amazon (AMZN) Paid $50 Billion for OpenAI. Microsoft (MSFT) Opened the Door but Kept the Keys

Amazon.com, Inc. (NASDAQ:AMZN) completed its full $50 billion OpenAI investment and built a roughly 5% stake, the Financial Times reported on July 31. The payment became possible after Microsoft Corporation (NASDAQ:MSFT) revised its OpenAI agreement on April 27 and ended the exclusivity that had constrained rival cloud providers. Amazon originally committed $15 billion immediately and […]

Is Higher Net Interest Income And A New Dividend Altering The Investment Case For Butterfield (NTB)?
Simply Wall St.12d agoneutral
Is Higher Net Interest Income And A New Dividend Altering The Investment Case For Butterfield (NTB)?

The Bank of N.T. Butterfield & Son Limited recently reported past second-quarter 2026 results, with net interest income rising to US$95.61 million while quarterly net income eased to US$46.91 million, and also declared a US$0.50 per-share dividend payable on August 26, 2026. Although quarterly earnings per share declined year on year, six-month results showed higher net income and earnings per share, reflecting resilient performance alongside growing interest-earning assets and fee-based...

Review & Preview: Starting Strong
Barrons.com12d agoneutral
Review & Preview: Starting Strong

REVIEW PREVIEW NEWSLETTER Fresh Record. Markets kicked off the first trading day of August on a strong note, with the Dow Jones Industrial Average closing at a new high on Monday. The pullback in oil prices held despite Iran’s denial of any peace talks taking place, allowing markets to look through the latest geopolitical back-and-forth and focus on a Magnificent 7 rally.

A ‘Magnificent’ Monday
The Wall Street Journal12d agoneutral
A ‘Magnificent’ Monday

Here's a look at the Magnificent Seven tech stocks, which are on quite a roll. The megacap stocks have added about $800 billion in market cap today alone, adding to about $1.1 trillion over the past two trading sessions, according to Dow Jones Market Data.