Amazon reported a strong Q1 performance, surpassing earnings and revenue expectations driven by 28% growth in AWS revenue to $37.6 billion and expanding operating margins. The company’s in-house AI chip business is rapidly growing, reaching a $20 billion revenue run-rate, positioning Amazon for leadership in the Data Center market. Despite the positive results, Amazon’s stock rose less than 1%, as future risks include potential slowdowns in enterprise Cloud demand. The company trades at a forward P/E of 27.0, supported by AWS momentum and chip demand.
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...
