Amazon.com reported strong Q1 2026 results with net sales rising 16.6% year-over-year to $181.52 billion and an improved operating margin of 13.1%. The growth was mainly driven by Amazon Web Services (AWS), which grew 28%—its highest in four years—while e-commerce and advertising also performed well. Despite heavy capital expenditures exceeding $40 billion in Q1 and plans for $200 billion this year, Amazon maintains a resilient business model and strong liquidity with $87 billion in cash. The stock rating was downgraded from strong buy to buy due to short-term profit-taking risks, but the long-term outlook remains positive given Amazon's innovation, ecosystem, and attractive valuation.
At Stanford University, about 200 students protested and booed Google CEO Sundar Pichai during his commencement speech, opposing Google's defense ties, including the $1.2 billion Project Nimbus contract with the Israeli military. Protesters criticize...
The Frost & Sullivan Institute has recognized 50 leading companies with the 2026 Visionary Growth Leadership Best Practices Recognition for embedding innovation, measurable impact, and sustainability into their growth strategies. These companies, inc...
Amazon reported its fifth consecutive earnings beat with strong growth in AWS and its chips business, yet its stock is up only 3.35% year-to-date due to massive planned capital expenditures of $200 billion in 2026. The company’s free cash flow has dr...
President Donald Trump warned that if France does not repeal its 3% digital services tax on U.S. technology companies, he will impose a 100% tariff on French wine and champagne exports to the U.S. This tax, approved in 2019, targets large tech firms ...
President Trump warned France of a potential trade war, threatening 100% tariffs on French wines if France does not repeal its 3% digital tax on US tech giants like Google and Apple. This tax targets the revenue of American tech companies and has rai...
