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Amazon.com (AMZN)-backed Anthropic is in talks with banks to expand its credit facilities by billion

Retail sales rose 0.2% in June, after being up a revised 1% in May, according to the Commerce Department's report released on Thursday. Business at clothing and accessories stores slipped 0.3%, while online sales rose 1.9%, fueled by spending surrounding Amazon's Prime Day event, which was held from June 23 through June 26. The data offers only a snapshot of consumer spending and doesn’t include activities like travel and hotel stays.

The e-commerce landscape is rapidly evolving with the integration of artificial intelligence, as highlighted by recent strategic developments and technological advancements. Adobe's acquisition of Rephrase.AI exemplifies the industry's drive to enhance AI-driven generative video capabilities, reinforcing the commitment to sophisticated e-commerce marketing strategies. The market for generative AI in e-commerce is projected to grow significantly, buoyed by AI-powered personalized...

The social media giant is pouring record sums into an artificial intelligence future, forcing investors to decide if they are buying a proven profit machine or funding an unproven science project.

The company has booked an unprecedented pipeline of future cloud revenue, but it comes with a large price tag and a bet on a flawless, capital-intensive build-out.

If you hold the shares, you are already exposed to the full, sizable gap between two very different potential outcomes.

Electrovaya Inc. recently announced a commercial agreement and warrant transaction with Amazon to support deployment of its Infinity Battery Technology across material handling operations, with potential expansion into robotics and energy storage, and warrants for up to 13,880,345 common shares tied to US$280,000,000 in cumulative future purchases. The vesting of Amazon’s warrants based on future purchase milestones, combined with Toronto Stock Exchange conditional approval for listing the...

A collaboration with Amazon and a potential breakout are just two of the factors putting Snowflake stock on investors' radar.

Exposure to the artificial-intelligence boom has become virtually impossible for investors to avoid. The theme hasn’t just cornered the stock market. It has systematically swallowed up corporate credit and venture capital, too.

The best practices of risk aversion and diversification have changed in this era of tech hype.

Chinese rival to Micron could shake up the chip market, U.S. will put 25% tariff on some Brazilian goods, United Airlines raises full-year guidance, and more news to start your day.

Investing.com -- Citi is projecting a staggering $801 billion in combined 2027 capital expenditure across Alphabet, Meta Platforms, and Amazon, warning that the scale of AI infrastructure spending will push all three hyperscalers into negative free cash flow territory in both 2027 and 2028.

Demand for hyperscaler company bonds has waned this year.

Taiwan Semiconductor Manufacturing (NYSE:TSM) raised its 2026 capital spending plan and full-year revenue outlook as executives said demand for leading-edge chips tied to artificial intelligence remains “extremely robust,” even as some consumer and price-sensitive end markets face pressure. On the

Space Exploration Technologies is emerging as Elon Musk's biggest value creator, driven by Starlink, launch leadership and expanding AI ambitions.

Alphabet's AI-driven growth in Search and Cloud is fueling premium valuation debates as rising investment and enterprise demand reshape its outlook.

Electrovaya Inc. (ELVA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

MacKenzie Scott has donated $26 billion, but is still worth more than $35 billion.

Burry has previously said that Nvidia’s $117 billion in inventory and supplier commitments leave it exposed to an AI spending slowdown.

Ark Investment Management is going all in on AI.

The data is mixed as to whether there is an AI bubble.

With Q2 earnings closing in, Jefferies just named its top Magnificent 7 pick and the choice cuts across some of the most widely held retirement stocks in America. One of these three tech giants wins on valuation, one wins on income, and one barely shows up to the fight.

Roth Capital analyst Craig Irwin advised investors to evaluate Electrovaya’s Amazon pact in the context of Ford Motor Co.’s (F) energy storage system agreement with EDF.

The brokerage says Amazon offers a more attractive way to gain exposure to AI infrastructure and retail than two of its biggest rivals.

(Updates with market moves at the end of the day.) US equities rose Wednesday, driving major inde

They are two of the biggest names in AI computing right now.

The brokerage says Amazon offers a more attractive way to gain exposure to AI infrastructure and retail than two of its biggest rivals.

FINANCE U.S. stocks edged higher Wednesday as gains in megacap technology names offset weakness in chip stocks. PayPal surged on reports of a takeover offer and another round of strong bank earnings kept Wall Street in an upbeat mood.

Yahoo Finance Tech Editor discusses OpenAI's (OPAI.PVT) first consumer hardware device, an AI-powered smart speaker, breaking down what the product could offer and what it means for the company's push into consumer hardware and the broader AI race.

A positive day for several of Wall Street's biggest stocks helped offset another down day for chipmakers.