Amazon, risking Wall Street’s displeasure, told investors that profits for now will take a back seat to heavy spending on artificial intelligence. The shares fell. Phillip…
Luis Alvarez The broad e-commerce and online retail sector was sharply lower on Thursday after soft earnings reports from BigCommerce (BIGC), Etsy (NASDAQ:ETSY) and Wayfair (NYSE:W)…
Shares in technology companies, especially those related to AI, have driven much of this year’s stock market gains.AI chip giant Nvidia, which has been one of…
US stocks tumbled on Wednesday as traders digested weak tech earnings.Tesla missed on earnings last quarter, while Alphabet said YouTube ad revenue fell short.More mega-cap tech…
Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the…
Amgen’s stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss injection. That fueled investor concerns about new…
Clorox disinfecting wipes are seen displayed for sale at a Walmart Supercenter in Austin, Texas, on Sept. 18, 2023Brandon Bell | Getty ImagesShares of Clorox fell…
Gold futures headed for back-to-back declines on Thursday, pressured by higher U.S. Treasury yields and a rising dollar, as some Federal Reserve officials said they favored…