Bezos’ secretive AI-powered industrial manufacturing startup has been hiring hundreds of staff around the world.
Category: Business
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Stocks sink and oil spikes as traders price in enduring, worsening Mideast war
Stocks and oil are building in more risk premium to deal with the perceived increased probability of a more drawn-out disruption to global energy supplies and shipments.
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Samsung’s massive Q1 fails to lift Sandisk, other data center plays
Most memory stocks were down Tuesday, as the surge in oil prices and ongoing war with Iran muted much of the AI data center trade excitement.
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Report: Apple’s foldable iPhone may be delayed by engineering troubles
The premium foldable iPhone was one of Apple’s big product launches planned for this year.
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Paramount surges on bullish options activity, 1 day after $24 billion Gulf backing report
Paramount shares climbed more than 9% shortly after markets opened on Tuesday.
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Bloomberg analyst outlines all the reasons he’s sticking with his call that bitcoin will crater to $10,000
His one caveat: if it can hold the $75,000 level, bitcoin bulls may “prove him wrong.” Other experts called his prediction an “attention-grabbing extreme” and “almost unimaginable.”
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Intel rises on news it will join Elon Musk’s Terafab project
Could this be the long-sought solution for the company’s floundering foundry division?
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Delta to increase bag fees by $10 on domestic flights this week, following JetBlue and United, as jet fuel surges
When one major airline makes a change to its fees, others tend to follow.
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US stock futures slump, oil jumps after Iranian media reports explosions on Kharg Island
Trump’s most recent deadline for escalating attacks on Iran if the Strait of Hormuz is not reopened is 8 p.m. ET on Tuesday.
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Universal Music jumps on Pershing Square’s $64 billion merger proposal
Universal Music Group (UNVGY) ADRs rose 11% in premarket trading on Tuesday after Bill Ackman’s Pershing Square Capital offered a deal to combine the world’s largest music company with Pershing Square…
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Broadcom jumps after locking down Google as a customer for future generations of TPUs
Based on the rave reviews for Gemini 3, why wouldn’t you stick with what’s working?
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Anthropic boasts revenue run rate of $30 billion as the Claude developer expands its partnership with Google and Broadcom
Anthropic’s revenue run rate is higher than the trailing 12-month revenues of all but 129 S&P 500 companies.
