Amazon's AI momentum has surged with AWS revenue growing 37% and faster adoption of its Bedrock AI platform. Although Amazon was slower than competitors to invest in AI initially, recent progress with partners like Anthropic and OpenAI has boosted investor confidence, pushing its market value above $3 trillion. However, the company's slower AI pivot may indicate ongoing internal cultural and bureaucratic challenges that investors should consider.
Generac is set to report its Q3 earnings, the first since announcing a $1.6 billion backup power deal with Amazon for AI data centers. Investors are keen to see how this deal translates into actual shipments and backlog, especially with a new factory...
This week, 36% of S&P 500 companies, including major players like Amazon, Alphabet, and Microsoft, will release their third-quarter earnings. The earnings season is seen as critical for restoring confidence in a market currently shaken by concerns ov...
The Royal Canadian Legion has launched its 2026 National Poppy Campaign introducing a new contactless donation method using smartphones, supported by BMO and Toucan Giving technology. This innovation allows volunteers to collect donations via debit, ...
Amazon CEO Andy Jassy revealed that AWS computing capacity for 2027 is largely booked, with a substantial portion of 2028 also sold. This reflects strong demand, especially from AI labs, driving Amazon's heavy capital expenditure of around $220 billi...
Amazon has abandoned its $427 million plan to build a large data center campus in Ashburn, Virginia, following strong opposition from local residents and officials. The company will instead rezone the 122-acre site primarily for housing and donate la...
