Tag: Amazon.com Inc
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No more doom scrolling or Instagram Stories? A Meta trial loss could end the social media we know
“These trials are often compared to the Big Tobacco lawsuits of the 90s, and the outcome will likely be analogous as well,” one analyst told CNBC.
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Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data
Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data.
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Wall Street loves these high-yielding AI bonds. What income investors should know
Investors can grab sweet yields from hyperscaler bonds. Issuance has surged as the companies look to fund their artificial intelligence buildout.
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Humanoid robots’ ‘ChatGPT moment’ could be 10 years away, Unitree founder says
Unitree founder Wang Xingxing says humanoid robots could take up to 10 years to reach a breakthrough comparable to ChatGPT.
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Stock winners and losers as Anthropic passes OpenAI as hottest AI upstart
Stratification at the frontier model level will have consequences for partner companies, customers and suppliers, analysts say.
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Amazon to expand drone service to nearly 500 cities after targeting 1 million deliveries this year
Amazon has quietly expanded its drone service to more metro areas in recent months after receiving a key regulatory greenlight enabling longer-range deliveries.
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Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping
Maran Nalluswami, Synchrony’s chief strategy officer, told CNBC it will probably take six to 12 months to get payments fully integrated into ChatGPT.
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Credit card issuer Synchrony announces partnership with OpenAI
The collaboration, which is in its early stages, is a step toward enabling Synchrony customers to have smoother online shopping experiences.
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Nvidia backs financing for OpenAI data center in Ohio
Technology giants are shelling out billions to scale capacity to meet massive data center demand.
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David Tepper’s Appaloosa sells AI memory stocks while loading up on Magnificent Seven in the second quarter
The hedge fund bet big on megacap technology stocks in the second quarter, while selling off former high-flying memory chip manufacturers.
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