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Electrovaya gave Amazon options to buy over 20% of its shares, but they only vest as Amazon purchases more products

Apple stock just punched through a fresh record above $325 with a $5 trillion market cap in sight, but Wall Street's average price target still sits below where shares trade today, and one closely watched probability signal flashes caution about the road to $350.

Amazon AI Chip Demand Is Booming, CEO Andy Jassy Says

A reported front-runner spot for Tokyo's air-gapped government cloud lifts Oracle off near 52-week lows.

The cloud giant named a veteran Amazon executive to oversee a key AWS division following the departure of a long-serving leader.

US benchmark equity indexes were higher intraday, aided by certain mega-cap technology stocks, as tr

The Dow has barely budged in July. Its leaders have broken away.

Amazon said Wednesday it will launch satellite internet services in South Africa, entering a market where rival Elon Musk's Starlink has struggled to secure regulatory approval.Under the deal, Herotel -- South Africa's largest fixed internet service provider -- will use Amazon Leo's technology to offer a new service called Evry, slated for launch commercially in 2027.

Amazon veteran Dave Brown, a senior vice president in Amazon ‌Web Services and member of the elite internal ‌group advising CEO Andy Jassy, is leaving the company after 19 years. He ​is leaving for another job, according to a memo from AWS CEO Matt Garman, who did not provide specifics. "AWS ‌business and team has ⁠never been in a stronger position, and I have never been more optimistic about the ⁠incredible opportunity we have ahead of us," said Garman in the memo.

(Bloomberg) -- President Donald Trump criticized New York Governor Kathy Hochul for announcing a temporary ban on data centers, calling it a “terrible decision” and urging the state to change its decision immediately. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz Ch

JOHANNESBURG, July 15 (Reuters) - Amazon's low-earth orbit satellite internet venture Amazon Leo has signed an agreement with South Africa's Herotel ‌to launch a new broadband service aimed at connecting underserved ‌rural communities, it said on Wednesday. Under the agreement, Herotel, South Africa's largest fixed internet service provider, ​will use Amazon Leo's satellite technology to offer a new service called evry, which is expected to launch commercially in 2027 for residential customers.

Amazon's CEO quietly announced something about its chip business that rewired how one investor thinks about the stock, and Wall Street's reaction was almost silence.

In a field of software giants, one company delivers the fastest growth by far, but the market makes you pay for every last bit of it.

Secure network could strengthen allied intelligence sharing

AMZNs premium P/E masks catalysts in AWS, Prime Day and diversified growth that can support the bull case despite AI spending and regulatory watchpoints.

Alphabet's AI momentum across Search and Cloud, surging backlog and improving economics support its premium valuation despite heavy spending.

(Bloomberg) -- Wall Street banks, scouring every corner of the capital markets to finance the artificial intelligence buildout, have landed on a new pool of funds: US leveraged loans, which are clamoring for the transactions amid a dearth of buyout deals.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strik

Amazon said Wednesday that the technology company will launch its new satellite internet service Amazon Leo in South Africa in 2027, seemingly pushing ahead of Elon Musk's rival Starlink to win business in Africa's most advanced economy. Amazon, which was founded by Jeff Bezos, said that it would partner with South African internet provider Herotel to launch a new service in the country of 62 million people.

DoorDash has synced its marketplace with the Shopify app to enable small retailers with stores to utilize its on-demand delivery network. The post DoorDash teams with Shopify on delivery for small retailers appeared first on FreightWaves.

Electrovaya will provide batteries to Amazon for its material-handling operations.

Selling artificial intelligence (AI) chips could be the company's next big growth opportunity.

SPCX is overtaking TSLA as Elon Musk's biggest value creator, powered by reusable rockets, Starlink growth and a growing push into AI infrastructure.

Investing.com -- Bernstein's mid-year CIO survey reaffirmed expectations for strong IT budget growth in 2026, with growth similar to 2025 and rivaling the strength seen during the COVID-era rebound in 2021, according to a note from analyst Peter Weed on Wednesday.

The hyperscalers are under pressure to show results from their AI spending.

Just one day after glowing reviews, a surprise revenue warning sent the stock into a tailspin and brought lawyers to the door.

Both companies are riding the AI infrastructure boom, but Microsoft offers that exposure with faster growth and a cheaper valuation, forcing a hard look at what Fortinet's premium price is buying you from here.

If you hold shares, the options market is pricing a future for Alphabet that is far from certain, and you're exposed to the full breadth of that potential swing.

Get paid a healthy income stream today for simply agreeing to buy shares of Meta Platforms at a steep discount, but only if the stock takes a serious tumble.

Market volatility could be looming. Here's how to protect your investments.

AI spending is boosting chipmakers' cash flows before Big Tech sees returns, keeping semiconductor ETFs like SMH, XLK and DRAM in focus.