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Amazon shares slide 9% as heavy AI spending plan rattles investors

Amazon shares fell sharply on Friday, sliding more than 9% after the company outlined an aggressive capital spending plan that unsettled investors already wary about the sustainability of the artificial intelligence boom. The drop added to a broader technology selloff, as market participants questioned whether escalating investments in AI infrastructure could outpace future returns and create excess capacity across the sector. The e-commerce and cloud computing group disclosed in it

Stock Market

06 Feb 2026 13:29 PM 158 views

Amazon shares slide 9% as heavy AI spending plan rattles investors

Amazon shares fell sharply on Friday, sliding more than 9% after the company outlined an aggressive capital spending plan that unsettled investors already wary about the sustainability of the artificial intelligence boom. The drop added to a broader technology selloff, as market participants questioned whether escalating investments in AI infrastructure could outpace future returns and create excess capacity across the sector. The e-commerce and cloud computing group disclosed in it

Stock Market

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of

Business

27 Jan 2026 10:09 AM 194 views

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of

Business

Dow Jones hits record high as Coca-Cola, 3M, and GM drive strong earnings rally

The Dow Jones Industrial Average surged to another record close on Tuesday, buoyed by a series of strong corporate earnings reports that reinforced investor optimism about the resilience of major U.S. companies. Gains from household names such as Coca-Cola, 3M, and General Motors helped the blue-chip index climb even as technology shares lagged, reflecting a rotation from growth stocks into more traditional sectors. The 30-stock Dow rose 218.16 points, or 0.47%, to finish at 46,924.

Stock Market

21 Oct 2025 17:55 PM 371 views

Dow Jones hits record high as Coca-Cola, 3M, and GM drive strong earnings rally

The Dow Jones Industrial Average surged to another record close on Tuesday, buoyed by a series of strong corporate earnings reports that reinforced investor optimism about the resilience of major U.S. companies. Gains from household names such as Coca-Cola, 3M, and General Motors helped the blue-chip index climb even as technology shares lagged, reflecting a rotation from growth stocks into more traditional sectors. The 30-stock Dow rose 218.16 points, or 0.47%, to finish at 46,924.

Stock Market

Tata Consultancy Services posts 6% YoY profit growth, declares Rs 11 dividend for Q1

Tata Consultancy Services (TCS), India’s largest IT services firm, drew market attention after releasing its first quarter results for FY26 following market hours on July 10. The company reported a stronger-than-expected performance, sparking positive sentiment around the stock, which has the potential to test Rs 3,580 levels in the near term, according to analysts. TCS posted a consolidated net profit of Rs 12,760 crore for the quarter ended June 30, 2025, reflecting a 5

Stock Market

11 Jul 2025 00:34 AM 721 views

Tata Consultancy Services posts 6% YoY profit growth, declares Rs 11 dividend for Q1

Tata Consultancy Services (TCS), India’s largest IT services firm, drew market attention after releasing its first quarter results for FY26 following market hours on July 10. The company reported a stronger-than-expected performance, sparking positive sentiment around the stock, which has the potential to test Rs 3,580 levels in the near term, according to analysts. TCS posted a consolidated net profit of Rs 12,760 crore for the quarter ended June 30, 2025, reflecting a 5

Stock Market

Nvidia becomes first company to surpass $4 trillion in market value

Nvidia has reached an unprecedented milestone by becoming the first publicly traded company in history to surpass a $4 trillion market valuation. This historic achievement, reached on Wednesday, showcases the company’s rapid ascent in the global technology landscape, driven largely by the surging demand for its artificial intelligence-focused chips. Shares of Nvidia rose by 2.5% in early trading on Wednesday, climbing by $3.97 to exceed $164 per share. This marks a staggerin

Stock Market

09 Jul 2025 12:54 PM 824 views

Nvidia becomes first company to surpass $4 trillion in market value

Nvidia has reached an unprecedented milestone by becoming the first publicly traded company in history to surpass a $4 trillion market valuation. This historic achievement, reached on Wednesday, showcases the company’s rapid ascent in the global technology landscape, driven largely by the surging demand for its artificial intelligence-focused chips. Shares of Nvidia rose by 2.5% in early trading on Wednesday, climbing by $3.97 to exceed $164 per share. This marks a staggerin

Stock Market

Ford anticipates $1.5B profit hit from new tariffs

In the first quarter of 2025, Ford Motor Company reported earnings that surpassed Wall Street expectations, yet the automaker suspended its full-year financial guidance due to the anticipated impact of newly imposed tariffs. The company estimates that these tariffs will result in a $2.5 billion cost for the year, with a net adverse effect of approximately $1.5 billion on its adjusted earnings before interest and taxes (EBIT) . Ford's decision to withdraw its 2025 guidance r

Stock Market

06 May 2025 05:52 AM 695 views

Ford anticipates $1.5B profit hit from new tariffs

In the first quarter of 2025, Ford Motor Company reported earnings that surpassed Wall Street expectations, yet the automaker suspended its full-year financial guidance due to the anticipated impact of newly imposed tariffs. The company estimates that these tariffs will result in a $2.5 billion cost for the year, with a net adverse effect of approximately $1.5 billion on its adjusted earnings before interest and taxes (EBIT) . Ford's decision to withdraw its 2025 guidance r

Stock Market

Netflix stock hits record streak with 11-day rise and climbs to all-time high

Netflix has reached a historic milestone in the stock market, notching 11 consecutive trading days of gains—its longest positive streak since the company went public in May 2002. This surpasses its previous record of a nine-day run achieved between late 2018 and early 2019. The streaming leader’s shares are now trading at all-time highs, continuing a powerful rally that reflects investor confidence in its performance and long-term prospects. This current surge comes

Entertainment

03 May 2025 05:39 AM 701 views

Netflix stock hits record streak with 11-day rise and climbs to all-time high

Netflix has reached a historic milestone in the stock market, notching 11 consecutive trading days of gains—its longest positive streak since the company went public in May 2002. This surpasses its previous record of a nine-day run achieved between late 2018 and early 2019. The streaming leader’s shares are now trading at all-time highs, continuing a powerful rally that reflects investor confidence in its performance and long-term prospects. This current surge comes

Entertainment

Amazon Overtakes Walmart in Quarterly Revenue for the First Time

Amazon has officially surpassed Walmart in quarterly revenue for the first time, marking a historic shift in the retail landscape. For over a decade, Walmart has consistently led the industry in revenue generation, but Amazon’s rapid expansion in eCommerce, cloud computing, and advertising has propelled it to the top. During the fourth quarter, Amazon reported a staggering $187.8 billion in revenue, surpassing Walmart’s $180.5 billion. While Wal

Business

21 Feb 2025 09:34 AM 1.11k views

Amazon Overtakes Walmart in Quarterly Revenue for the First Time

Amazon has officially surpassed Walmart in quarterly revenue for the first time, marking a historic shift in the retail landscape. For over a decade, Walmart has consistently led the industry in revenue generation, but Amazon’s rapid expansion in eCommerce, cloud computing, and advertising has propelled it to the top. During the fourth quarter, Amazon reported a staggering $187.8 billion in revenue, surpassing Walmart’s $180.5 billion. While Wal

Business

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25. Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go

Business

10 Jan 2025 11:34 AM 994 views

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25. Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go

Business

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Agroforestry Systems

#ford-earnings

Amazon shares slide 9% as heavy AI spending plan rattles investors

Amazon shares slide 9% as heavy AI spending plan rattles investors

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

Dow Jones hits record high as Coca-Cola, 3M, and GM drive strong earnings rally

Dow Jones hits record high as Coca-Cola, 3M, and GM drive strong earnings rally

Tata Consultancy Services posts 6% YoY profit growth, declares Rs 11 dividend for Q1

Tata Consultancy Services posts 6% YoY profit growth, declares Rs 11 dividend for Q1

​Nvidia becomes first company to surpass $4 trillion in market value

​Nvidia becomes first company to surpass $4 trillion in market value

Ford anticipates $1.5B profit hit from new tariffs

Ford anticipates $1.5B profit hit from new tariffs

Netflix stock hits record streak with 11-day rise and climbs to all-time high

Netflix stock hits record streak with 11-day rise and climbs to all-time high

Amazon Overtakes Walmart in Quarterly Revenue for the First Time

Amazon Overtakes Walmart in Quarterly Revenue for the First Time

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

Independence Day 2025: Red Fort Security Rules, Entry Guidelines And Banned Items List

Tether Invests $2 Million in Arcanum Capital's Web3 Fund

US ends automatic work permit extensions, impacting H-1B spouses and students

Texas Ranks Top 10 for Most Affordable Child Care

Are Indian Educators Being Sidelined by AI Tutors?

California Man Loses Life Savings in FasTrak Toll Scam Via Fraudulent Text Message

AP Government Marginally Increases Liquor Prices, Clarifies Excise Minister

New Jersey Governor Passes Energy Bills To Ease Power Bills And Boost Solar

Masked Looters Ransack Apple Store Amid LA Protest Chaos

Agroforestry Systems

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Nvidia becomes first company to surpass $4 trillion in market value

Nvidia becomes first company to surpass $4 trillion in market value