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Bloomberg54d agoneutral
Amazon Joins Elite List of Stocks to Top $3 Trillion in Value

(Bloomberg) -- Amazon.com Inc. surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone.Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedAlibaba Adds to China AI Breakthroughs With New Qwen Model Saudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosTrump Says Iran Talks to Begin Monday After Scrapping AttackStocks Join Bonds Higher as US-Iran Hopes Sink Oil: Markets WrapThe e-commerce and cloud-computin

Could Oracle Go Bankrupt - Really?
Trefis54d agoneutral
Could Oracle Go Bankrupt - Really?

Is it truly possible that artificial intelligence, the very technological wave promised to unlock trillions in enterprise productivity, could end up upending Oracle (ORCL), the staid, unshakeable, fifty-year-old titan of relational enterprise databases? The company that has quietly powered global banking, enterprise logistics, and government administration for half a century is now carrying a very different kind of balance sheet, one built on server racks, liquid cooling pipes, and high-interest

Alphabet (GOOGL) Faces Wrongful Death Lawsuit Over YouTube Claims About Targeting Minors
Simply Wall St.54d agobearish
Alphabet (GOOGL) Faces Wrongful Death Lawsuit Over YouTube Claims About Targeting Minors

A new wrongful death lawsuit has been filed against several tech companies, including Alphabet's YouTube. The complaint alleges that social media platforms knowingly targeted minors and concealed risks linked to child deaths. The case focuses on internal company behavior and platform oversight rather than typical shareholder or privacy issues. Alphabet, which trades on the NasdaqGS under the ticker NasdaqGS:GOOGL, is under fresh scrutiny as this lawsuit raises questions about YouTube's...

How to Play the Flood of AI Bonds
The Wall Street Journal54d agoneutral
How to Play the Flood of AI Bonds

Recent earnings reports by the so-called hyperscalers have driven expectations even higher for their collective AI spending plans. Goldman Sachs credit strategists estimate that approximately $400 billion in highly rated investment-grade bonds could be issued directly by hyperscalers globally in 2027. A group of investment-grade hyperscalers tracked by Barclays credit strategists includes Alphabet Amazon.com Meta Platforms Microsoft Oracle and SpaceX. The spread offered by these companies’ bonds over benchmark Treasurys has widened by almost a quarter percentage point over the past month through July 30, according to tracking by Barclays.

JPMorgan resets Amazon stock target after AI payoff
TheStreet55d agoneutral
JPMorgan resets Amazon stock target after AI payoff

Amazon (AMZN) stock blasted off post-earnings as Wall Street celebrated evidence that its whopping artificial intelligence (AI) spending was producing a measurable payoff. For the most part, investors were bracing for another quarter marred by fears of capital expenditure and questions about ...

Berkshire Hathaway (BRK.B) Hands Greg Abel The Cash Playbook After Buffett
Simply Wall St.55d agoneutral
Berkshire Hathaway (BRK.B) Hands Greg Abel The Cash Playbook After Buffett

Greg Abel is now directing cash and capital decisions at Berkshire Hathaway (NYSE:BRK.B) following Warren Buffett's retirement. The company is holding record cash levels under Abel's oversight. Berkshire has been executing large share buybacks and making sizable investments, including positions in Alphabet and Taylor Morrison. Berkshire Hathaway sits at the center of multiple sectors through its insurance, energy, transportation, and manufacturing businesses. Greg Abel's expanded role puts...