The company has spent the past few years bolstering its tech portfolio.
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Amazon has struggled to take a bite out of the $875 billion US grocery market since launching an online grocery storefront in 2006.
Some companies may be digging themselves into a hole that they’re not able to get out of.
It’s not just AMD. Investors have generally been hard to please for most chipmakers so far this earnings season.
The reports made one thing clear: Big Tech’s big AI bet is already paying off — which explains why they can’t help but double down.
On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.
In its fiscal year 2025 earnings call, the company said it projects new tariffs will saddle it with $1 billion in additional costs this year.
Companies that have been waiting on the crypto sidelines are likely about to jump in the game following the passage of the GENIUS Act.
The cannibalization of traditional search by AI chatbots is difficult to quantify, though by all accounts AI is already taking some nibbles.
Both Amazon and Meta have already flirted with the smartwatch space, only to ultimately abandon their initial ambitions.
History suggests that a little competition will be good for not just Walmart and Amazon, but the retail sector as a whole.
In May, POTUS scrapped the “de minimis” exemption that allowed Shein and Temu to ship packages worth less than $800 to the US duty-free.
The stability of qubits has long posed a barrier to scaling quantum computers.
Broadcom joined the trillion-dollar club late last year, and its market cap has only continued to climb since.