Analysts are bullish on Amazon’s growth story ahead of its earnings
Several of Wall Street’s biggest firms are confident in the company’s cloud-computing services growth, as well as its generative AI investments.
Kids are attending pro-Palestinian protests on Roblox
Kids are attending Israel-Hamas war protests on Roblox, and so far, a pro-Palestinian virtual protest has been visited more than 275,000 times.
The next AI winners may be these old economy companies embracing the revolution
Investor Nancy Tengler says a search for more traditional companies embracing digitization could help investors find less ovious beneficiaries of the AI boom.
Comcast sinks despite profit beat, as broadband subscribers slip and ad revenue slumps
Comcast revenue and earnings both topped analyst estimates as theme park sales rose, and Peacock added 4 million subscribers.
Sam Bankman-Fried’s lawyers reveal his planned testimony in FTX fraud trial
Bankman-Fried faces seven criminal counts, including wire fraud, securities fraud and money laundering, that could land him in prison for more than 100 years.
Maine communities locked down after gunman kills 18; manhunt underway
No suspect has yet been named, but a person of interest, Robert Card, was identified — he’s considered armed and dangerous
More convenient form of breakthrough Alzheimer’s drug Leqembi shows promising results in study
Eisai and Biogen said in a release that they plan to apply for U.S. approval of subcutaneous Leqembi by the end of March.
Meta widens revenue guidance range because of Middle East unpredictability
Meta finance chief Susan Li told analysts on the company’s earnings call that volatility in the Middle East is creating some revenue uncertainty
The economy probably showed gangbuster growth in the third quarter. But will it last?
Gross domestic product, or the sum of all goods and services produced in the U.S. economy, is expected to post a 4.7% annualized gain for the third quarter.
Meta’s Reality Labs loses $3.7 billion in third quarter as Zuckerberg’s big bet keeps bleeding cash
Mark Zuckerberg’s bet on the metaverse has so far been a money-burning endeavor, and the losses keep mounting
