South Korean authorities issued the record-breaking fine following a data breach that affected over 30 million customers.
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(Bloomberg) -- Amazon.com Inc. said its data centers used 2.5 billion gallons of water worldwide last year, or about 5% of the amount metro Seattle consumes annually.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapThe world’
The United Arab Emirates (UAE) social commerce market is set to experience significant growth, forecasted to expand by 11.1% annually and reach $15.41 billion by 2026. This growth is driven by a robust creator economy, evolving regulatory frameworks, and a shift towards creator-owned brands and regulated social selling. The UAE's investment in the creator economy and initiatives like the Advertiser Permit are fostering a more professional social commerce environment, encouraging creators to...
The German humanoid robotics company said the round is the largest ever for a full-stack robotics company
The largest-ever Canadian corporate bond deal pushed spreads wider and prompted investors to sell existing high-grade debt.
The new service expansion allows businesses to use Amazon's trucking network to move freight between warehouses, distribution centers and retail locations.
Although Wall Street has rewarded every hyperscaler willing to pledge more silicon, more concrete, and more megawatts over the past 24 months, the math behind the AI data center boom is finally drawing scrutiny. Combined 2026 capital expenditure guidance from Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) now sums to roughly $800 ... Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks. Only 84 of 157 Gigawatts Will Be Built by
Amazon.com, Inc. (NASDAQ:AMZN) is a popular stock among hedge funds, and a majority of analysts rate it Buy. Amazon is one of the best stocks to buy now for the next 3 months. Amazon.com, Inc. (NASDAQ:AMZN) has a dominant position in e-commerce and cloud services, making it a hedge fund favorite, and analysts also favor […]
(Bloomberg) -- When Applied Digital Corp. first tapped the junk-bond market in November to fund a data center project tied to CoreWeave Inc., it had to stomach a hefty yield to get the deal done. Fast forward to this week, and borrowing costs for another portion of the same project tumbled.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Xbox Plans Significant Layoffs as New CEO Plans OverhaulUS Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Sto
Britain’s “doomscrolling” generation is not being given the right skills to enter the world of work, Amazon’s UK and Ireland boss has said.
Amazon's annual revenue has reached beyond $700 billion.
Germany’s Neura Robotics said it secured up to $1.4 billion in funding to build a physical artificial intelligence platform, backed by Amazon Nvidia and the European Investment Bank. The robotics company on Wednesday said the funding aims to scale production to several million robots by 2030 as demand for physical AI expands across manufacturing, logistics, healthcare and consumer applications. The company, which reports an order backlog exceeding $1 billion, said it received backing from technology and financial players, including Tether, Amazon, Nvidia, Qualcomm Technologies Bosch, Schaeffler and the European Investment Bank.
South Korea has slapped a record fine on Coupang, the country’s largest online retailer, over a data breach that hit most of its population,...
At $132.07, Palantir Technologies (PLTR) is being priced to deliver 33.9% revenue growth annually for the next 7 years simply to defend today's 138.6x multiple. That sits below the 67.7% the business is currently growing at, which is the unusual part. The multiple has already priced in a slowdown that has not yet appeared.
Amazon’s less-than-truckload business is unlikely to resemble that of the century-old legacy carriers. The post Analysts say Amazon won’t shake LTL market—yet appeared first on FreightWaves.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.98%. June E-mini S&P futures (ESM26 ) fell -1.62%, and June E-mini Nasdaq futures...
Navan stock surges after the AI-focused corporate travel company surpassed Wall Street’s expectations with first-quarter earnings and raised guidance.
Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing.
Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027, reflecting the staggering scale of cash burn needed to build out its AI infrastructure. Its shares fell 8.9% in extended trading, after Oracle said it expects to raise nearly $40 billion through a combination of debt and equity financing in 2027. Oracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a major rival to cloud leaders such as Amazon.com and Microsoft.

Yahoo Finance Senior Autos Reporter Pras Subramanian and Market Domination host Josh Lipton take a closer look at some of Wednesday's trending tickers and stories. Transportation stocks are plunging as Amazon (AMZN) expands its truckload offerings. Super Micro Computer (SMCI) stock is under pressure due to the company's latest artificial intelligence (AI) plans. DraftKings' (DKNG) trading volume saw a boost from prediction markets activity.
Yahoo Finance Breaking News Reporter Jake Conley joins Josh Lipton on Market Domination to discuss the latest developments in the Middle East and what a potential collapse of peace talks means for global shipping and marine fuel.
The company is opening its shipping network to businesses beyond the Amazon ecosystem.
Tether, Nvidia, Amazon and Qualcomm backed Neura's Series C to develop and ship AI-powered humanoid robots.
The tech giant adds fresh financing as AI investments in OpenAI and Anthropic continue to expand.
Amazon Ignites Fiber Boom With Multi-Year U.S. Deal as AI Demand Surges