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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.

When Tesla announced an expansion of its robotaxis to Dallas and Houston last month, some investors touted momentum for CEO Elon Musk’s mission to transform the electric-vehicle maker into an AI-powered, driverless-tech giant. Reuters reporters who recently tested Tesla’s robotaxis in those cities, however, found them to be still in a beta-testing phase. Tesla did not respond to requests for comment for this story.

Amazon is launching 30-minute delivery in cities across the US.

Amazon is launching 30-minute delivery in cities across the US.

By Eduardo Baptista and Laurie Chen BEIJING, May 12 (Reuters) - From Meta to Tesla and BlackRock, the U.S. business delegation for President Donald Trump's summit with Chinese leader Xi Jinping this

Samsung Electronics' labour union in South Korea said on Tuesday it would walk out ‌of ongoing pay negotiations if no mediation proposal was ‌offered within two hours. The company is sticking to its proposal of assigning 10% of operating profit to a performance bonus pool, union representative Choi Seung-ho told reporters. He ‌said it has been ⁠waiting for a mediation proposal for three hours.

AMD just reported another outstanding quarter. Is this good or bad news for rival Intel?

Bytedance's social media platform TikTok on Tuesday made a last- ditch attempt at Europe's top court to scrap its ‌designation as a "gatekeeper" under EU rules, which require it to meet tougher standards ‌as regulators seek to curb the power of Big Tech. The case--the first EU Digital Markets Act "gatekeeper" challenge heard by ​the EU Court of Justice--could bolster or weaken Europe's attempt to rein in Big Tech to ensure competition and more choice for users.

Investing.com -- Shares in On Holding jumped in premarket trading after the Swiss sportswear company reported first-quarter sales and earnings that topped analyst expectations, while its margin outlook for the full year also came in ahead of forecasts.

The world is in the middle of a historic oil crisis, yet the biggest bargains on Wall Street can be found in U.S. energy stocks. The price of the energy basket in the S&P 500 is just 2% higher than where it was before the war, when oil futures were close to $70 a barrel and the world had a supply glut. Today, oil prices are closer to $100 a barrel and the world has lost roughly a billion barrels of oil supply.

Cerebras Systems, a maker of chips used in AI, considered going public roughly 18 months ago, and then changed its mind. It’s a good thing it...

Shares of Quantum Computing Inc. fell 38% last year, but first-quarter earnings mark a shift in investor sentiment.

As federal policy chills domestic demand, some companies are increasingly leaning on sales from international markets.

U. S. stock futures edged lower on Tuesday as investors monitored mounting uncertainty surrounding the conflict between the United States and Iran, while also preparing for the release of closely watched U.

Shareholder complaints against the payment processor are closely related and should be adjudicated in a New York case, a Wisconsin federal judge ruled.

In a matter of hours, this report can completely turn Wall Street on its head.

(Bloomberg) -- The US and Chinese economies may still be on their way to decoupling but both are drawing strength from the same source.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 AmexModi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksJust as an AI-driven boom in business investment bolstered US economic growth at the start of this yea

A Warsh-led Fed could create market volatility -- and opportunities.

(Bloomberg) -- A top South Korean policymaker said the nation should pay citizens a “dividend” using taxes on AI profits, underscoring growing pressure to redistribute gains from a boom that’s enriched chipmakers like Samsung Electronics Co. and SK Hynix Inc.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 AmexModi Asks Indians to Stop Buying Gold,

KT (NYSE:KT) reported lower first-quarter earnings for fiscal 2026 as higher sales and labor costs and a year-earlier property development gain weighed on profitability, while management outlined plans to reposition the company around AI-driven “AX” services and maintain its shareholder return frame

Manitowoc (NYSE:MTW) reaffirmed its full-year 2026 outlook after reporting first-quarter results that management said were broadly in line with expectations, supported by solid orders, a higher backlog and continued growth in its less cyclical aftermarket and non-new machine businesses. On the comp

Meta Platforms on Tuesday lost its fight ‌against an Italian regulatory order that it ‌should compensate publishers for using snippets of their news ​articles after Europe's top court sided with the Italian telecoms watchdog. The case underscores the ongoing copyright battle between publishers and creators and tech companies ‌over the use ⁠of newspaper articles or authors' work for AI training that have triggered ⁠litigation against companies including Meta, OpenAI and Anthropic for infringement.

President Trump said the cease-fire was on “massive life support." The S&P 500 added 0.2% and the Nasdaq Composite rose 0.1%. The Dow Jones Industrial rose 95 points, or 0.2%. Shares of Lumentum Holdings led the S&P 500, surging more than 16%, with Coherent and Corning also up double-digits.

Stocks looked set to tumble on Tuesday as the stand-off between the U.S. and Iran dragged on, putting the market on edge ahead of an inflation reading that will make clear just how much the war in the Middle East is impacting the economy. S&P 500 futures declined 0.4% and contracts tied to the tech-heavy Nasdaq 100 dropped 0.8%. The S&P and Nasdaq both eked out record highs on Monday as the rally in chip stocks rolled on.

Japan's Panasonic Holdings said ‌on Tuesday it ‌expected full-year profit at its energy ​unit, which supplies batteries to Tesla, to more than double, recovering after ‌posting ⁠a quarterly loss. The business, which posted a 3.8-billion-yen loss ‌in the ​January-March quarter, was ​hit ​by U.S. tariffs, ‌start-up costs at ​its Kansas ​plant and lower sales at a factory ​in ‌Japan.

Despite restructuring costs, Hims & Hers Health Inc (HIMS) reports robust international growth and raises 2026 revenue outlook.

Archer Aviation Inc (ACHR) advances in FAA certification, secures strategic partnerships, and navigates challenges in defense and infrastructure development.

Despite a significant increase in revenue and bookings, Babcock & Wilcox Enterprises Inc (BW) faces challenges with net losses and project execution uncertainties.

AST SpaceMobile Inc (ASTS) showcases robust revenue commitments and technological advancements, while navigating capital expenditures and competitive pressures.

Webtoon Entertainment Inc (WBTN) narrows net loss and boosts EBITDA despite a slight revenue decline, with promising collaborations and global expansion initiatives.