Stock futures are ticking higher as the market looks to add to the big gains posted on Monday following news of an Iran peace deal; SpaceX shares are poised to climb for the another session after the company's record-setting Friday IPO; the Fed will kick off its two-day meeting on interest rates; world leaders are meeting in France, with discussions focused on the next steps in securing peace in the Middle East; and GM is reportedly in talks to supply Lockheed Martin with parts for weapons. Here's what you need to know today.
Although the AI buildout has minted trillions in fresh market value across Wall Street, Howard Marks thinks buyers of these stocks are kidding themselves about what they actually own.
The rocket and AI company's shares jumped 20% on Monday. It was the second largest one-day gain in market valuation for a U.S. company ever.
Shares of Elon Musk's SpaceX rose more than 10% in premarket trading on Tuesday, putting the company on course to overtake Amazon.com in market value to become the world's fifth‑largest company, as it extended a post-IPO rally.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) just posted its fifth straight earnings beat, yet the stock is up just 3.35% year to date despite AWS posting its fastest growth in 15 quarters and a chips business running at a $20 billion revenue run rate.
AMZN's $35B India push and surging AWS growth highlight long-term upside, but high capex and valuation keep near-term entry timing in focus.
Hyperscaler cloud platforms are doing something rare in the AI era: turning eye-watering capital expenditures into accelerating top-line growth.
Amazon CEO Andy Jassy may have been the source of security concerns that led Anthropic to cut off worldwide access to two models on Friday.
Amazon CEO Andy Jassy was among tech leaders who raised concerns to senior Trump administration officials this week about security risks in Anthropic's most advanced AI models, a person familiar with the matter told Reuters.
Information Andy Jassy shared with the Trump administration sparked an abrupt, sweeping move to halt foreign access to the company's powerful AI tools.
AI hyperscaler CapEx spending is now the single biggest variable in the U.S.
Artificial intelligence is reshaping nearly every corner of the technology industry, but it is also transforming corporate finance.