Amazon is making one of its boldest bets yet on artificial intelligence for the public sector, committing up to $50 billion to expand AI and supercomputing infrastructure for U.S. government customers through Amazon Web Services (AWS). The multiyear initiative will pour money into a network of new, highly secure data centers and specialized chips designed… Continue reading Amazon’s Huge $50 Billion AI Investment.

After a monster run earlier this year, Bitcoin and Ether were priced for perfection. Bitcoin had pushed up into the six-figure range, and Ether wasn’t far off from doubling its previous highs. A lot of traders were leaning in the same direction: long, levered, and confident that flows into spot ETFs and institutional products would… Continue reading Why crypto’s been sliding

Jeff Bezos is stepping back into the CEO chair with a new artificial intelligence venture called Project Prometheus, an industrial-focused AI startup that already ranks among the most heavily funded young companies in the sector. The company has reportedly raised about $6.2 billion before even coming out of stealth, giving it the firepower to chase… Continue reading A New AI on the horizon: Project Prometheus

Starbucks’ long-running labor fight is heading for a flashpoint. Starbucks Workers United says baristas will walk out starting Thursday, November 13—Red Cup Day—unless a first contract is finalized. The union’s strike authorization reportedly passed by an overwhelming margin and is slated to hit at least 25 cities, timing the action for one of the chain’s… Continue reading Starbucks’ union workers set to strike next week unless deal is struck.

Trent Merrin, once a mainstay of the St George Illawarra Dragons’ forward pack and a State of Origin and Kangaroos representative, has been charged in New South Wales over the alleged theft of $140,000 in cryptocurrency. Detectives arrested the 36-year-old at his Barrack Point home on the NSW South Coast after a year-long probe into… Continue reading From Field to Fraud: Ex-NRL Star Trent Merrin Charged in Alleged $140,000 Crypto Heist

Kimberly-Clark, the maker of Huggies and Kleenex, has agreed to acquire Kenvue, the Johnson & Johnson spinoff behind Tylenol, Band-Aid, Aveeno and Listerine, in a cash-and-stock deal valuing Kenvue at about $48.7 billion. The combination would create a consumer-health powerhouse with roughly $32 billion in annual revenue. Terms give Kenvue shareholders $3.50 in cash plus… Continue reading Kimberly-Clark to Acquire Kenvue (Tylenol’s Parent) in $48.7B Mega-Deal—What It Means for Investors

Layoffs at household names—Amazon, UPS, Target, and others—are being driven by three overlapping forces: an aggressive push to cut layers and costs after pandemic-era over-hiring; a reorganization around automation and generative AI that consolidates many corporate functions; and a cooler hiring backdrop that’s forcing companies to do more with leaner headquarters teams. Amazon’s latest plan… Continue reading Layoffs for Major Companies

Dell Technologies is once again on the radar of analysts, and one in particular from Yahoo Finance has labeled it a “cheap stock” — a rare phrase in a market that’s often quick to price in optimism. The reasoning isn’t simply about its share price, but rather the combination of Dell’s valuation, strategic positioning in… Continue reading DELL a cheap stock? That’s what the Analyst says.

On Monday, shares of Robinhood Markets surged by more than 12% to trade near $92.76, marking the ninth consecutive week of gains and pushing the stock to levels not seen since its ostensible heyday 【finviz.com】. What began as a modest rebound has evolved into a full-fledged rally, with HOOD up over 200% since early April… Continue reading Robinhood Rockets: From IPO Lows to a 200% Rally Fueled by New Markets

Stock options are financial contracts that give you the right, but not the obligation, to buy or sell a stock at a predetermined price within a specified time period. They can be powerful tools for hedging, speculating, or generating income—but they also carry significant risks. This guide will explain what stock options are, how they… Continue reading Trading Strategies: Stock Options – An Overview