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Aug 4 (Reuters) - New Jersey sued Amazon.com on Tuesday, accusing the online retailer of abusing its market power over independent delivery drivers, court records showed.

Microsoft just posted its biggest post-earnings surge in recent mega-cap history, and the move happened so fast it raises a serious question about what comes next for investors still eyeing the stock.

The earnings multiple has come all the way down to the market's, while the build-out behind the story keeps pushing gross margin lower.

Hims and Hers has 2.6 million subscribers, a battered stock price, and a CEO buying shares instead of signaling an exit. That combination puts a very specific list of giants on alert, and only one of them is a clean fit.

While the market focuses on streaming wars, a different category is quietly inflecting inside the business. Monthly players for cloud games have increased 11x since last October. This adoption is already outpacing the company's earlier push into mobile games, suggesting a new engagement engine is taking hold.

The sale comes after Amazon stock touched a record high, extending a rally that began after the company reported second-quarter earnings

They're competitors, but they're decreasingly alike. This is going to make a difference sooner or later.

Costco Wholesale is accelerating its entry into the weight loss drug market through GLP-1 prescriptions and related healthcare services. The company is moving alongside Walmart and Amazon as retailers compete to attract customers seeking access to these treatments. Industry cutbacks on employer drug coverage are pushing more patients toward direct-to-consumer fulfillment programs. This shift could influence how Costco uses its membership model and pharmacy network to engage customers and...

Next year, sales are expected to grow by 59% to $80 billion with earnings surging by more than 80% to $13.87.

Stock Market Today: The Dow Jones index rallies Tuesday as Caterpillar and Palantir surge on earnings. SpaceX earnings are due late.

Filing landed as Amazon's market capitalization passed $3 trillion for the first time

The Wall Street Journal reports on the impact the AI build-out and the AI-fueled stock rally is having on the U.S. economy. Together they helped account for roughly a third of recent U.S. economic growth, according to a report by Oxford Economics. “We have never seen a growth rate this high,” John-David Lovelock, a distinguished VP analyst at Gartner told the WSJ Leadership Institute.

The Magnificent Seven was never a durable investment approach, destined to stop working like earlier versions of the same theme.

Google's massive AI spending comes with a new risk investors can't ignore

Oil prices are also climbing Tuesday after a report of a ship being struck in the Strait of Hormuz

With volatility heating up, some investors may prefer the straightforward approach of the Vanguard Mega Cap Growth ETF.

According to a Reuters report, the move could benefit Coherent and Lumentum by shifting demand toward U.S.-made optical transceivers.

Amazon just crossed a milestone most companies never reach, and its founder filed paperwork the same day that set Wall Street talking for reasons that had nothing to do with the stock price.

It needs to achieve growth on multiple fronts, but most of the steep valuation is rooted in one particular business's potential.

Several AI stocks are on sale.

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Oracle (NYSE:ORCL) shares rallied 9. 22% on Monday, August 3, extending their recent recovery and lifting the stock’s gain over the past week to 18.

Markets are coming off a Big Tech rally, eyeing uncertainty in Middle East talks and SpaceX earnings after the bell.

With increased AI infrastructure spending, Nvidia, SK Hynix, and TSMC all look like good buys.

AWS customers will be able to deploy Superblocks’ generative AI platform within their own environments using AWS security and governance.

Both Microsoft and Amazon are coming off terrific earnings reports.

Retail traders remain wary. Sentiment on Stocktwits shows they remain ‘bearish’ on SPY and QQQ.

Wall Street closed sharply higher on Monday to start August trading.

Amazon.com, Inc. (NASDAQ:AMZN) completed its full $50 billion OpenAI investment and built a roughly 5% stake, the Financial Times reported on July 31. The payment became possible after Microsoft Corporation (NASDAQ:MSFT) revised its OpenAI agreement on April 27 and ended the exclusivity that had constrained rival cloud providers. Amazon originally committed $15 billion immediately and […]

Amazon.com (AMZN) stock is in focus after a consumer lawsuit filed on July 31, 2026, alleged the retailer sold Orgain protein powder containing harmful levels of heavy metals and misrepresented the products’ safety and quality attributes. See our latest analysis for Amazon.com. After the latest lawsuit headlines, Amazon.com’s recent share price moves still reflect strong momentum, with a 7 day share price return of 23.03% and a 1 year total shareholder return of 32.87%, which points to...