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REUTERS AMAZON REPORT
Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...- US stocks: US market indexes fall over 1%, dragged by tech and Iran war worriesMajor US stock markets experienced a significant drop on Wednesday. Chipmaker stocks continued their decline, while new tensions between th...
- OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- OpenAI IPO: ChatGPT maker files for US Stock Market initial public offering after Anthropic, SpaceXOpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...
- SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources saySpaceX is preparing for a massive initial public offering targeting a valuation of $1.75 trillion. The company plans to raise at least $75 ...
- HPE lifts forecast past 2028 goals on robust AI demand, shares surge 36%HPE, which competes with Dell and Super Micro Computer, is benefiting as customers increasingly buy its servers and networking products to...
- Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
- Hollywood, Bollywood and AI: Who controls storytelling now?The landscape of entertainment is undergoing a dramatic transformation, thanks to artificial intelligence. Enhanced AI technologies are now...
- Microsoft to release new coding model next week, the Information reportsMicrosoft is set to launch new artificial intelligence models next week at its Build conference. These include a coding model to enhance Gi...
- Pentagon spars with SpaceX over Starlink price hike during Iran warWithin weeks of the United States launching its bombing campaign, SpaceX executives met Pentagon officials and argued the military had been...
- OpenAI's Sam Altman says AI unlikely to lead to 'jobs apocalypse'OpenAI CEO Sam Altman stated AI will not cause a global jobs apocalypse. He admitted his fears about white-collar job losses were exaggerat...
- NVDA stock price: Nvidia earnings beat expectations again but why did NVDA stock slip after hours? Here's what you need to knowNvidia reported strong earnings and revenue, exceeding Wall Street forecasts. The chip giant also announced a significant share buyback and...
- Meta planning more layoffs after terminating 8,000 staff? Axed employee's remark on Mark Zuckerberg sparks buzzMeta CEO Mark Zuckerberg informed employees that no further company-wide layoffs are anticipated this year, following a recent wave affecti...
- US Stock Market: AI spending boom fuels Nvidia growth, but Wall Street seeks long-term visibilityNvidia reported blockbuster first-quarter results, driven by a surge in data center revenue and strong future projections, including an $80...
- Intuit to cut 17% of global jobs to streamline operations, memo showsIntuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial int...
- Nvidia to announce Q1 earnings tonight. What to expect and why there could be a $350 billion price swingAll eyes are on Nvidia’s April quarter earnings as investors assess whether the AI chip giant can sustain its explosive growth momentum. St...
- Google, Blackstone plan AI cloud venture with $5 billion backing: WSJGoogle and Blackstone are reportedly planning to launch a new AI cloud company, with Blackstone contributing $5 billion in equity for a maj...
- US Stock Market IPO in 2026: SpaceX, Anthropic, OpenAI, Inspire Brands, Discord. Check filing details, price, valuationsIPOs in 2026: SpaceX, Anthropic, OpenAI, Inspire Brands, Discord will head for IPOs as consumer Initial Public Offerings market in the Wall...
- Amazon layoffs: More jobs slashed after 30,000 roles cut in recent monthsAmazon has announced fresh job cuts in its Selling Partner Services division. This move follows a recent review aimed at improving efficien...
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