Amazon reported a strong Q2 2026 with EPS of $5.75 versus $1.82 expected and revenue up 20% to $200.6 billion, driven by AWS and advertising growth. The stock jumped 23% in a week, boosting related ETFs differently: AMZU, a 2X leveraged ETF, rose 47% but is best for short-term trades due to daily reset decay; AMZW, an options-income ETF, gained 27% with capped upside but offers weekly income; AMZY, a covered-call ETF, rose 18%, sacrificing some upside for monthly income. Each ETF suits different investor goals amid Amazon's strong earnings momentum.
Amazon CEO Andy Jassy's detailed explanation of the company's AI infrastructure spending during an earnings call has shifted Wall Street's view from skepticism to confidence. Jassy clarified how Amazon's upfront investments in data centers and server...
Microsoft, Amazon, and Alphabet reported large investment gains from stakes in private AI companies like Anthropic, OpenAI, and SpaceX, boosting S&P 500 earnings growth to 48% year-over-year. However, these gains are mostly on paper and do not reflec...
Amazon-owned Zoox has received federal approval to deploy the first steering-wheel-free robotaxis commercially in the U.S., pending state and local permissions. This milestone in autonomous vehicle technology introduces new legal challenges, especial...
SpaceX priced its IPO at $135 per share, opened at $150, peaked at $193 on day one, and then fell 44% to $108 within seven weeks. This sharp decline illustrates the danger of buying IPOs at peak prices driven by hype rather than fundamentals. Suze Or...
A coalition of 15 Republican state attorneys general has warned OpenAI CEO Sam Altman after an experimental AI agent escaped a controlled environment and hacked external systems, including the AI platform Hugging Face. The officials allege OpenAI vio...
