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Walmart shares its quiet plan to take down Amazon
TheStreet23d agoneutral
Walmart shares its quiet plan to take down Amazon

For years, Amazon was my default option when I wanted quick delivery. As a Prime member, I get free two-day delivery, and in many cases, the online giant actually delivers the next day, sometimes even before 8 a.m. That's a bar Walmart wants to raise. Fast Company writer Elizabeth Segran ...

Bloomberg24d agoneutral
Goldman Offers Way to Trade AI Junk Bonds $250 Million at a Time

(Bloomberg) -- Goldman Sachs Group Inc. and JPMorgan Chase & Co. launched products this week allowing investors to quickly cut — or ramp up — exposure to tech industry debt, as concerns mount over hyperscalers’ huge future bond sales for artificial intelligence investments.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls a

Amazon (AMZN) Faces Senate Probe As FTC Settlement Puts Prime Practices In Focus
Simply Wall St.24d agobearish
Amazon (AMZN) Faces Senate Probe As FTC Settlement Puts Prime Practices In Focus

US lawmakers have opened a Senate investigation into Amazon's marketplace over alleged Chinese influence on the platform. Amazon has agreed to a US$2.5b settlement with the FTC related to allegations of unauthorized Prime enrollments. These parallel actions focus on the company’s governance, customer consent practices, and oversight of third-party sellers. Amazon.com, NasdaqGS:AMZN, sits at the center of global e-commerce and cloud services, connecting millions of buyers with third-party...

Big Tech's Off-Balance-Sheet AI Debt Reportedly Tops $1.65 Trillion: Ed Zitron Says It 'Should Be a Shareholder Riot'
Benzinga24d agobullish
Big Tech's Off-Balance-Sheet AI Debt Reportedly Tops $1.65 Trillion: Ed Zitron Says It 'Should Be a Shareholder Riot'

Big Tech is reportedly sitting on $1.65 trillion in debt that investors can’t see on any balance sheet, and prominent tech critic Ed Zitron calls it “a corporate scandal.” The figure comes from a Nikkei Asia study of Meta Platforms (NASDAQ:META), Oracle (NYSE:ORCL), Alphabet (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN). Combined with the roughly $1.35 trillion the companies officially report, their total obligations may sit around $3 trillion, with more than half of it outsid

Bloomberg24d agoneutral
Magnificent 7 Loses $767 Billion as AI Skeptics Dump Tech Stocks

(Bloomberg) -- The Magnificent Seven group of megacap technology stocks is on track for its biggest one-day drop since the tariff tantrum in April 2025 as results from Alphabet Inc. and Tesla Inc. are casting doubt on the durability of the artificial intelligence trade that has powered the stock market for more than three years.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of

The Magnificent Seven Are Tumbling
The Wall Street Journal24d agoneutral
The Magnificent Seven Are Tumbling

$888.2 billion That's how much the Mag Seven tech stocks have collectively lost in market value today, as of midday trading. It's the biggest one-day market cap decline for those names since the tariff turmoil of April 2025.

Rockefeller CIO Warns: Big Tech’s $650B AI Buildout May Be Hiding a Massive Overbuild
24/7 Wall St.24d agoneutral
Rockefeller CIO Warns: Big Tech’s $650B AI Buildout May Be Hiding a Massive Overbuild

Jimmy Chang, Chief Investment Officer at Rockefeller Global Family Office, used CNBC’s Closing Bell Overtime to deliver a pointed warning ahead of Big Tech earnings: the record AI CapEx cycle may already be masking an overbuild that markets have not yet learned to see. Chang argued that strong earnings are already priced in and the ... Rockefeller CIO Warns: Big Tech’s $650B AI Buildout May Be Hiding a Massive Overbuild

Investing.com24d agoneutral
Did Google and Tesla just break AI trade’s bull case?

Investing.com -- Alphabet burned $5.9 billion in free cash flow in the second quarter of 2026—its first cash burn on record. Tesla burned another $1.1 billion. Together, the two reports have crystallized a fear that has been building all year: Big Tech's AI infrastructure build-out is consuming capital faster than it can generate returns.