Amazon erases early gains after AWS growth commentary; analysts flag NT uncertainty
Amazon (NASDAQ:AMZN) reported Thursday first-quarter results that topped analysts’ estimates, underpinned by cloud and advertising growth. Amazon shares had gained…
COIN: Coinbase Has Sued the SEC to Force Response to Petition
Coinbase, the largest crypto exchange in the US, has sued the Securities and Exchange Commission (SEC) for failing to provide…
META: Meta Reveals It Is Now on the AI Train, Stock Ticks Up 12%
Meta investors cheered the company’s pivot to an AI-powered future in what Zuckerberg calls the year of “efficiency.” Facebook parent…
GBP/USD: Sterling Consolidates Near $1.25 Amid Lack of Fresh News
Not much is happening this week that will cause the UK currency to break its range-bound trading. Time to get…
DJI: Bank Fears Weigh on Dow Jones, Big Tech Charges Ahead
It was a nuanced day on Wall Street as major indexes split directions, led by a mixed market sentiment. The…
BTC/USD: Fresh Concerns for Banking Sector Sends BTC Back Over $30,000
Bitcoin bulls seem to be feeling more confident, after BTC managed to surpass the $30,000 mark again yesterday. Since yesterday…
MSFT: Microsoft Smashes Through Q3 Expectations, Believes AI Will Drive Growth
Microsoft has released its Q3 report, which was positive enough to cause a 7% increase in its share price yesterday.…
Lufthansa says hopeful of finalising ITA deal in days
(Reuters) – Lufthansa is hopeful of finalising the partial takeover of Italy’s state-owned ITA Airways within days, an executive at…
Sony expects profit to slip despite record PlayStation 5 sales
(Reuters) – Sony Group Corp on Friday said PlayStation 5 sales will jump by six million units this business year,…
Mercedes-Benz more upbeat on signs US, China picking up
(Reuters) – Mercedes-Benz struck a slightly more optimistic tone alongside its first quarter results on Friday, saying demand in China…