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Latest Market News
View All News →Binance Grapples With ‘Security Incident’ That May Cause $6.3 Billion in Losses
The world’s largest crypto exchange suspended deposits and withdrawals after an apparent hack.
Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.
Amazon on Thursday became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.
Amazon’s stock drops — even in the face of a bold new cloud forecast
Modest AWS results and weak advertising growth left Wall Street disappointed in Amazon’s third-quarter earnings
Andy Jassy says Prime Video is on track to earn ‘tens of billions of dollars’
The success of blockbuster hits like "Project Hail Mary" and "Verity" is only part of the story, Amazon's CEO says.
AWS will be a $1T business, Jassy says — but first, it will spend big
Amazon wants to be the king of AI cloud computing and become the first $1 trillion revenue business. But to do that it will have to continue on its capex spending spree, its CEO said Thursday.