Amazon.com is a multinational technology and e-commerce company that revolutionizes the way consumers shop online. It offers a vast selection of products and services, ranging from books and electronics to household goods and digital content, through its user-friendly platform. In addition to its retail operations, Amazon provides cloud computing services via Amazon Web Services, enabling businesses to leverage powerful computing resources. The company is also known for its innovations in logistics, such as advanced delivery systems and the use of artificial intelligence. With a strong emphasis on customer experience and technological advancement, Amazon continues to expand its presence in various sectors, including entertainment, smart home technology, and grocery services. Read More
Amazon and Talen Energy announced a new long-term Purchase Power Agreement, with Talen supplying Amazon with 1.9 GW of energy from its Pennsylvania-based Susquehanna nuclear power plant to AWS data centers in the region.
Markets Trump targeted with tariffs — Mexico, China, Canada, Europe — surged past the S&P 500. Weak dollar, fiscal risks reshape views on U.S. exceptionalism.
Supply Chain Management (SCM) functions as a complex, interconnected system that orchestrates the flow of goods and services from origin to consumer. This intricate network encompasses various processes, including procurement, production, distribution, and logistics, all working in unison to ensure efficiency and customer satisfaction. Notably, the global SCM market was valued at approximately $15.85 billion in 2020. It is projected to nearly double to $31 billion by 2026, underscoring its critical role in the global economy.
Despite offering salaries in millions annually, Meta Platforms Inc. (NASDAQ: META) is witnessing a talent drain in its AI division, with employees migrating to competitors OpenAI and Anthropic amid the rising demand for AI expertise.
The company was reportedly toying with the idea of either adopting its traditional approach of per-seat software licenses that would fetch a certain amount per month or instituting consumption-based pricing.
A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth.
Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
Richardson Electronics has gotten torched over the last six months - since December 2024, its stock price has dropped 33.3% to $9.38 per share. This may have investors wondering how to approach the situation.
CFO Safra Katz said the Stargate AI venture isn’t formed yet but “some of our business with OpenAI, which is one of our partners in Stargate, is part of our future very much so.”