Zoox, an Amazon-owned autonomous vehicle company, has extended its commercial robotaxi service in Las Vegas to include rides to and from Harry Reid International Airport. This expansion follows a recent federal exemption allowing Zoox to operate and charge for rides with up to 2,500 vehicles over two years. The airport service gives Zoox a competitive advantage over Uber and Lyft, whose pickup points are less convenient for passengers. With new permits granted to Tesla, Uber, and Waymo for robotaxi operations in the area, Las Vegas is becoming a hotspot for autonomous ride-hailing services.
Microsoft CEO Satya Nadella sold 86,525 shares worth nearly $43.4 million on September 1, accounting for 65.66% of all insider stock sales by senior Microsoft personnel in 2026. This sale came amid a busy period of insider trading in big tech, includ...
Broadcom reported an 86% year-over-year revenue increase to $29.59 billion and adjusted EPS of $3.32 for Q3, driven by strong AI semiconductor demand. However, shares fell 2.1% premarket due to weaker-than-expected Q4 revenue guidance of $34.8 billio...
JPMorgan's JEPI ETF offers an 8.33% yield mainly from option premiums and large-cap stocks, but in taxable accounts, most distributions are taxed as ordinary income, not at the lower qualified dividend rate. This results in a significant tax penalty—...
Amazon has introduced a new Alexa feature in the U.S. that lets consumers verify if emails, texts, or calls claiming to be from Amazon are genuine. This tool aims to combat impersonation scams, which are a leading cause of consumer fraud losses, by c...
Amazon is eliminating about 150 positions at its Northern California offices, with 70 jobs cut in Sunnyvale and 78 in San Francisco. These layoffs are part of a broader effort by CEO Andy Jassy to reduce management layers and bureaucracy, following r...
