The stock rose a bit on the announcement.
Category: Business
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Amazon cloud unit’s AI revenue run rate exceeds $15 billion, CEO says
Amazon (AMZN) is up nearly 2% in premarket trading after the company disclosed that its cloud unit’s AI revenue run rate topped $15 billion in the first quarter of 2026, the first hard number the company’s…
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Less than a year after implementing them, Southwest is also hiking its bag fees
Southwest first introduced bag fees in May 2025 after holding out for years.
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CoreWeave jumps after expanding its AI compute sales deal with Meta to $21 billion
More compute, more leverage.
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STAAR Surgical soars after company reported preliminary sales that crushed expecations
The company, which sells eye implants, said Wednesday expects to report more than $90 million in the current quarter, compared to the $73 million analysts polled by FactSet are currently penciling in.
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Infleqtion targets revenue growth of 23% in 2026, up from 12% in 2025
The neutral atom quantum computing company released 2025 results and 2026 guidance after the close on Wednesday.
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Applied Digital Q3 results crush estimates
The AI data center operator just released its fiscal Q3 results.
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Stocks climb and oil plunges on US-Iran ceasefire
Stocks continued their six-day winning streak, their longest of 2026, as investors returned to risk.
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Retail traders are selling everything but the Magnificent 7, per JPMorgan
“Selling into today’s strength”
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Meta jumps after it releases Superintelligence Labs’ first model: Muse Spark
Meta is playing catch-up in the generative-AI race, and the new model will be crucial to getting back in the game.
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Music record companies love being “artist-centric” — but how much do they pay out to artists?
On Tuesday, Pershing Square made a $64 billion bid to buy Universal Music Group.
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Eli Lilly makes the world’s bestselling drug. Can it keep the party going?
Some are starting to worry that Lilly, which for a short time vaulted into the trillion-dollar market cap club, may have hit a plateau.