Amazon and Microsoft are among the tech giants who have collectively pledged $349 billion to AI infrastructure, betting hyperscale returns will materialize. Yet one prominent analyst just broke ranks with…
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Amazon’s recent workforce reduction has reshaped large parts of the company, with engineering roles emerging as the most affected category. The layoffs, announced last month, spanned cloud services, devices, advertising,…
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Walmart stock price popped by over 6.5% on Thursday as investors reacted to its strong earnings report. WMT jumped to $107, its highest level since October 25, and a few…
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Global sugar prices likely to remain soft amid record output in Brazil and India, says expert
by adminby adminGlobal sugar prices are expected to remain soft in the coming months due to rising production and rebuilding stocks, said Edward Nikulin, a commodities and weather-model analyst at Mind Money. …
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Top semiconductor ETFs like the Direxion Daily Semiconductor Bull 3x Shares (SOXL), VanEck Semiconductor (SMH), and iShares Semiconductor (SOXX) rebounded in the extended hours after the strong Nvidia earnings and…
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Target stock in red as sales decline due to customers cutting back on spending
by adminby adminTarget is grappling with another quarter of falling sales as US shoppers continue to rein in discretionary spending, weighing on the retailer’s financial performance and prompting a cut to its…
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Interview: AI’s value lies in real-world use, says Serve Robotics’ Ali Kashani as he pushes to make sidewalk robots mainstream
by adminby adminDeveloper of AI-powered sidewalk delivery robots, Serve Robotics, has a question for the American food delivery industry: “Why move 2 lb burritos…in 2 ton cars?” It is seeking to provide…
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Walmart announced Friday that longtime CEO Doug McMillon will retire at the end of January — which came as a surprise to some given the company’s success in a rapidly…