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Millions more people may be able to get smaller, lightweight Amazon packages delivered by drones by the end of the year under a plan the company announced Thursday to expand the airborne shipping to suburban areas in nearly 500 U.S. cities. Customers could receive the drone deliveries in as fast as 30 minutes, Amazon said in a news release. The drones can carry packages up to 5 pounds.
Companies are now fighting to push through their projects in the face of growing opposition.
Pharmaceutical chiefs are always hunting for drugs to replace expiring blockbusters. But shopping while hungry can lead to expensive mistakes.
Cisco’s latest quarter exceeded Wall Street’s revenue and adjusted profit expectations, but the market response was negative. Management attributed the strong sales to a surge in demand for AI-driven networking infrastructure, particularly from hyperscale cloud providers and enterprise customers, as well as robust product order momentum across geographies and segments. CEO Charles Robbins highlighted, “We delivered record revenue...with product revenue up 24% year-over-year,” citing broad-based
Alphabet has raised A$5.5 billion ($3.89 billion) via its inaugural Australian dollar debt issuance, according to a term sheet seen by Reuters, adding to the hectic pace of fundraising by global tech companies. The U.S. tech giant raised the amount by issuing 3-, 5-, 10- and 20-year bonds, the term sheet showed. The company set the coupon at 6.9% for the longest tenure bond tranche, according to the term sheet.
Chip stocks were flat premarket and Nasdaq futures edged higher after the sharp rise in borrowing costs added to an AI-related selloff, dragging on blue-chip indexes across Asia.
Samsung Electronics has raised prices for some advanced contract chipmaking services by up to 15% for new orders, two people familiar with the matter said, as demand for AI chips tightens capacity in a business long dominated by TSMC. Demand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve U.S. customers and reserve part of its capacity to support its own chip production, said the sources, who spoke on the condition of anonymity because they are discussing sensitive commercial matters. Chinese customers are among those accepting the steepest price increase, one of the sources said, underscoring how U.S. curbs on exports of advanced chipmaking equipment to China have increased local firms' reliance on overseas foundries.
Investors weigh Mark Walter’s potential $7.6 billion commitments, a federal investigation, and a $2 billion Carvana stake.
A partnership with the 16-year-old YouTube and TikTok star marks the first time the brand has brought a custom creator order to its Kid’s Meal.
Today Federal Reserve: FOMC minutes from Fed’s July meeting Earnings (a.m.): Target, Lowe's, TJX, Analog Devices, Estee Lauder Economic data: EIA weekly petroleum status report, CPI (UK), PPI (UK) Tomorrow Earnings: Walmart, Alibaba, Deere & Co.
The deal for Yevgeny Dibrov’s Armis was Israel’s second-largest tech startup exit ever.
During Cook's tenure as CEO, Apple's share price surged 2,180% higher.
U.S. stock futures trended lower early Wednesday following a brutal sell-off in Asian markets and as investors await the release of the Federal Reserve’s August FOMC meeting minutes. The Polymarket (CRYPTO: POL) crowd is split on the Aug. 19 trading...
Keysight Technologies Inc (KEYS) reports a 56% surge in orders and 79% EPS growth, driven by record AI-related demand and a raised full-year outlook.
Vivmark Residential becomes the largest US apartment REIT after merging AvalonBay and Equity Residential, with 184K units and $70B EV.
Goldman Sachs to acquire LCN Capital Partners for up to $410M, boosting its net-lease CRE strategy and asset management reach.
A giant pitcher of Kool-Aid crashing through a wall. Two men passing a jar of Grey Poupon mustard between their Rolls-Royces. A boy singing about...
A giant pitcher of Kool-Aid crashing through a wall. Two men passing a jar of Grey Poupon mustard between their Rolls-Royces. A boy singing about...
Off-price retail company Ross Stores (NASDAQ:ROST) will be reporting results this Thursday afternoon. Here’s what you need to know.
Apple is reportedly testing AI that understands the real world without forcing the user to look at a screen.
Agricultural and construction machinery company Deere (NYSE:DE) will be announcing earnings results this Thursday before market hours. Here’s what to look for.
Retail behemoth Walmart (NASDAQ:WMT) will be reporting earnings this Thursday before market open. Here’s what investors should know.
Kevin Warsh is sticking to his guns, and that could mean vastly more uncertainty for some companies.
Small batches of Nvidia's H200 chips have been allowed to enter mainland China, the Financial Times reported on Tuesday. ByteDance and Tencent have each received about 10,000 H200 processors in recent weeks, while a few other Chinese tech groups could soon obtain approval for shipments of similar size, the report said, citing two people with knowledge of the matter.
Fabrinet just served up strong quarterly results. So why did the stock get crushed?
Alaska is a new West Coast entrant in the trans-Atlantic market, and the flight turned out to be a fantastic value with one major caveat: no Wi-Fi.
Moby summary of Mercury Systems, Inc.'s Q4 2026 earnings call
Japanese stocks were lower in early trade, tracking Wall Street’s losses overnight amid a global bond selloff that has sent long-term yields to their highest levels in years.
Why Cognex Stock Is Back in Focus After Fresh Guidance and Earnings Cognex (CGNX) is back on investor radars after releasing second quarter 2026 results along with fresh revenue guidance for the third quarter and full year, plus a confirmed quarterly dividend. See our latest analysis for Cognex. Cognex shares closed at US$63.41 after the guidance and dividend update, with the 1 day share price return slipping 4.79% yet the year to date share price return still up 71.70%. The 1 year total...
A system that can be frustrating for Costco members is actually quite good for business.
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