Amazon plans to raise at least $25 billion through an eight-part bond sale to support its extensive investments in artificial intelligence. This follows earlier bond raises totaling around $64 billion this year across the U.S., Europe, and Canada. The company has informed underwriters it will not issue additional debt for the rest of the year. CEO Andy Jassy emphasizes AI as a major growth opportunity, with capital expenditures projected to reach $200 billion this year, mainly for data centers and AI infrastructure. Proceeds from the bond sale will be used for general corporate purposes, including investments, capital expenditures, and debt repayment.
Netflix, Disney, and YouTube are among the companies interested in acquiring the U.S. broadcast rights for the 2030 and 2034 FIFA World Cups, with media executives budgeting between $1.5 billion and $2 billion for each tournament. FIFA plans to sell ...
Hyperscaler companies are facing rising costs in building AI data centers, with capital expenditures expected to exceed $700 billion by fiscal year 2026. Increasing expenses for GPUs, memory chips, and electricity are squeezing profit margins and cau...
Amazon is planning to raise at least $25 billion through an eight-part bond offering to support its artificial intelligence infrastructure expansion. The bonds will include both floating- and fixed-rate notes with maturities from three to 40 years. P...
The global generative AI in healthcare market, valued at $1.84 billion in 2024, is projected to grow at a 31.4% CAGR to reach $21.64 billion by 2034. Growth is fueled by solutions for medical imaging, diagnostics, drug discovery, and administrative a...
The ALPS Equal Sector Weight ETF (EQL) declined only 0.10% in June, outperforming the S&P 500 which fell 1.0%. EQL's equal-weight approach across 11 sectors helped offset losses from big tech stocks like Amazon and Alphabet, which dragged down consum...
