SoftBank to Invest in Search Startup Perplexity AI at $3B Valuation - Report
Genmab, AbbVie Win FDA Nod for R/r Follicular Lymphoma Therapy
Here's How Much Jeff Bezos Is Worth Now As Amazon's Valuation Crosses $2 Trillion Threshold For First Time
E-commerce giant Amazon, Inc. (NASDAQ:AMZN), which had a humble beginning as a bookstore, has grown by leaps and bounds, and on Wednesday, the company's market capitalization crossed the covetous $2 t
US Stocks Settle Higher As Investor Sentiment Improves: Nasdaq On Course To Gain 19% In First-Half Of 2024 Following Nvidia Surge
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the "Fear" zone on Wednesday.U.S. stocks closed mostly higher on Wednesday, with
Morgan Stanley to Deploy OpenAI-powered Assistant for Financial Advisors
AbbVie Announced That The U.S. FDA Has Approved EPKINLY As The First And Only T-cell Engaging Bispecific Antibody Administered Subcutaneously For The Treatment Of Adults With Relapsed Or Refractory Follicular Lymphoma
AbbVie Announced That The U.S. FDA Has Approved EPKINLY As The First And Only T-cell Engaging Bispecific Antibody Administered Subcutaneously For The Treatment Of Adults With Relapsed Or Refractory Fo
After Missing Nvidia Rally, Masayoshi Son Is Giving AI Investment Another Try: SoftBank Is Reportedly Investing In Jeff Bezos-Backed AI Startup That's Taking On Google Search
Masayoshi Son-led SoftBank Group Corp. (OTC:SFTBY) (OTC:SFTBF) is set to invest in the Amazon.com Inc. founder Jeff Bezos-backed artificial intelligence startup Perplexity AI at a valuation of $3 bill
Has PDD Holdings and Shein left you helpless? Amazon reportedly plans to establish direct-owned discount stores for Chinese sellers.
Due to the fact that American consumers increasingly prefer to consume on discount shopping platforms such as Temu and Shein, the e-commerce giant Amazon has to keep up with the times. Amazon revealed that it will establish a discount store sector that allows Chinese sellers to directly ship goods. The logistics time will be controlled within 9-11 days, and the commodity prices are expected to be below $20. This section is expected to be launched this year and is very likely to go online during the "Black Friday" period.
Micron Technology, Amazon, BlackBerry, Nike, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Major U.S. indices closed positively, with the Dow Jones Industrial Average edging up by 0.04% to 39,127.80, and the S&P 500 rising nearly 0.2% to 5,477.90. The Nasdaq also finished Wednesday's regula
Bitcoin, Ethereum, Dogecoin Retrace On Fears Of $240M Sale By US Government: King Crypto Should Reclaim $62K Soon To Avoid Another Pullback, Says Analyst
The cryptocurrency market edged lower Wednesday over fears of a potential sale of $240 million worth of Bitcoin by the U.S. government. CryptocurrencyGains +/-Price (Recorded 8:30 p.m. EDT)Bitcoin (CR
Copy Temu! Amazon's market cap exceeded $2 trillion for the first time, with a close to 4% increase in share price.
On Wednesday, Amazon's stock price rose by over 4% to $194.80, reaching a market cap of $2 trillion for the first time. According to reports on the same day, Amazon will launch a discount zone similar to Temu on its website, marking its strongest response yet to the rapid growth of low-price websites such as Temu and Shein.
Jeff Bezos Doubled Productivity At Amazon In Its Infancy By Simply Buying A Table: 'The Most Brilliant Idea I've Ever Heard'
Jeff Bezos, once disclosed, how in the early days of Amazon.com, a straightforward suggestion from a tired employee dramatically increased the company's productivity.What Happened: During a discussion
Hedge funds' favorite US stock is not Nvidia.
Microsoft takes the lead in the AI wave and is attracting great interest from hedge funds.
Futu Morning News | Nvidia's shareholders' meeting held! Next target will be industrial robot market; Amazon rose nearly 4%, with a market cap breaking through $2 trillion for the first time.
The Japanese yen fell below the 160 mark, reaching a record low since 1986; Micron fell over 7% after-hours, with better-than-expected results but unimpressive guidance for the next quarter.
Is the carnival coming to an end? Hedge funds selling record amounts of technology stocks to retail investors.
Behind the new high of technology stocks is the divergence between hedge funds and retail investors. Hedge funds are selling record amounts of technology/semiconductor/U.S. stock 'seven sisters' stocks to retail investors.
U.S. stocks close | S&P 500 rises for two consecutive days, Amazon up nearly 4%, with a market cap exceeding $2 trillion; shareholder meetings could not reverse the decline, and Nvidia barely closed up.
The Dow Jones Industrial Average closed slightly higher, still hovering near its weekly low, while the seven sisters of American technology stocks rose together, with Tesla up nearly 5%; Micron's financial report is bullish but the guidance is not enough to surprise, and it fell more than 9% after hours; China concept stocks index is hovering near a ten-week low, with NIO Inc. up more than 6%.
Micron Expects to Generate Billions From HBM Sales in FY2025
Amazon Joins $2T Market Cap Club, Boosted by Rivian Stake and AI Wave
Amazon's (NASDAQ:AMZN) stock hit $2T in market capitalization on Wednesday for the first time ever. The tech and retail behemoth joined Google-parent Alphabet (GOOG)(GOOGL), iPhone-maker Apple (AAPL), OpenAI-backer Microsoft (MSFT) and chip giant Nvidia (NVDA) as the only U.S. companies to enter the $2T club.
Nvidia Reclaims $3 Trillion: 37% Of Benzinga Readers Nailed Prediction For Under A Month
Semiconductor giant Nvidia Corporation (NASDAQ:NVDA) briefly passed Microsoft Corporation (NASDAQ:MSFT) and Apple Inc (NASDAQ:AAPL) to become the most valuable company in the world last week.While the
Tech Sector Lags Communication Services Despite Super Micro, Nvidia Surge
Over the past six months, the tech sector has been trailing behind communications services.What Happened: The SPDR Select Sector Fund – Technology (NYSE:XLK), which tracks the tech sector, posted a re