Amazon's AWS Result Is 'Remarkable,' Analyst Luria Says

Gil Luria, D.A. Davidson's head of technology research, reacts to Amazon Web Services' revenue growth and discusses the outlook for Amazon.com Inc. on "Bloomberg The Close." (Source: Bloomberg)

Apple’s Profit Increases 27 Percent, Topping Wall Street Expectations

The company recently raised prices on a number of products because of component supply shortages caused by the artificial intelligence boom.

By Kalley Huang

Apple defies smartphone downturn with strong iPhone sales

Smartphone revenue rose more than a fifth as rivals struggle

AMD and Micron surge, Lam Research climbs 17% as chip stocks rip higher

Strong earnings from Lam Research, Microsoft and Arm boosted hard-hit semiconductor stocks.

Amazon's Anthropic stake is leading to a huge windfall

Then-Amazon Web Services CEO Adam Selipsky gestures toward Anthropic CEO Dario Amodei during a conference. Noah Berger/Getty Images for Amazon Web Services Amazon's stake in Anthropic is paying off big time. Amazon said most of its other non-operating pre-tax income was due to its Anthropic holdings. Amazon has previously invested $13 billion in Anthropic. Amazon's stake in Anthropic is proving to be a massive boon to the world's largest online retailer. In its latest quarterly earnings rep...

Crocs shares slide as weak outlook draws focus from earnings beat

Amazon Q2 Ad Revenue Up 26% as Tech Giant’s Profit Booms to $62.6 Billion on Anthropic Investments

Amazon reported its second-quarter 2026 earnings Thursday, revealing it beat Wall Street’s estimates with more than $200 billion in revenue for the April-June quarter. Ad revenue for the quarter was up 26% while the company’s profit jumped to $62.6 billion with its investment in AI company Anthropic. Wall Street forecast earnings per share (EPS) of […]

By Jennifer Maas

No driver, not even a steering wheel: Amazon’s Zoox wins landmark US approval for robotaxis

Zoox's vehicle has been designed specifically for autonomous travel rather than being adapted from an existing passenger car.

Amazon Thrives On Big Q2 For AI, Advertising Revenue Climbs 26% To Near $20 Billion Mark

Amazon shares surged in after-hours trading Thursday after the tech giant posted its first $200 billion quarter and beat Wall Street expectations with its financial results. Growth in advertising and AWS keyed the performance, which boosted shares 9%. Revenue at AWS surged 37%, the biggest quarterly increase in more than four years. Overall earnings per […]

By Dade Hayes

Amazon beats estimates for quarterly cloud revenue growth

Alliant Energy Non-GAAP EPS of $0.65 beats by $0.05, revenue of $971M beats by $99.38M

Amazon's Zoox wins first US approval for paid robotaxis without human controls

Zoox's robotaxi seats passengers inward, reaches 75 mph as Tesla and Waymo expand self-driving ride services

By Reuters

AI Exhaustion? Samsung Earnings Beat Expectations But Stock Abruptly Reverses Kneejerk Gains

AI Exhaustion? Samsung Earnings Beat Expectations But Stock Abruptly Reverses Kneejerk Gains Samsung Electronics delivered another good quarter last night, underscoring that the AI infrastructure boom appears to continue to funneling enormous profits toward the companies supplying the memory chips powering. Shares were up 10% at one point but finished the session red. The South Korean technology giant reported second-quarter revenue of 171.5 trillion won and operating profit ...

By Tyler Durden

Hubtel leadership visits Amazon global headquarters to advance AI and data strategy

Ghanaian digital commerce company Hubtel is deepening its collaboration with Amazon Web Services (AWS) as it explores new opportunities in artificial intelligence, data management, cybersecurity and resilient digital payments infrastructure. The company’s full Board of Directors and executive leadership team spent two days at the AWS Executive Briefing Center in Seattle, United States, engaging specialists on emerging technologies and strategies shaping the future of financial services.

By Caleb Ahinakwah