Amazon's AWS revenue grew 36.7% year-over-year to $42.2 billion, marking five straight quarters of accelerating growth. The AWS backlog surged to $496 billion, driven by strong demand for AI workloads and reserved capacity through 2027. AWS operating margins expanded to about 39.4%, highlighting profitable growth despite Amazon's heavy investment cycle. However, Amazon's free cash flow turned negative due to $220 billion planned capital expenditures for 2026, while Q2 earnings were boosted by $53.4 billion in non-operating income, raising some concerns about earnings quality.
Bill Ackman, through Pershing Square, has re-entered Netflix with a new position of about 3 million shares, representing roughly 4.9% of his portfolio. This move marks a reversal from his 2022 exit when he sold at a loss after subscriber numbers disa...
Tech leaders like Elon Musk's SpaceX and Jeff Bezos' Blue Origin are pushing to build data centers in orbit, aiming to reduce costs and leverage solar power. This emerging market could be worth hundreds of billions but poses unique risks including la...
The Investment Company of America (AIVSX), a large-cap U.S. stock fund launched in the 1930s, continues to perform well with $165.9 billion in assets as of March 2026. It returned nearly 273% over the past decade, showing resilience through major mar...
Amazon is leveraging AI through Alexa to anticipate household grocery needs by analyzing refrigerator photos and purchase history, aiming to automate recurring grocery shopping. This strategy challenges Walmart by moving competition away from physica...
The S&P 500's net profit margin reached 16.9% in Q2, the highest since FactSet began tracking in 2009, up from 12.9% a year ago. This increase is driven largely by tech giants Alphabet and Amazon, with Alphabet posting a 34% operating margin and Amaz...
