Apple is spending more on AI, but remains far behind its Silicon Valley peers
Investors are focused on how much mega-cap tech companies are spending on their AI buildouts. Apple is in a category of its own.
It’s time for Nvidia to replace Intel in the Dow
After Intel Corp.’s disastrous news on Thursday, it is time for the once great semiconductor company to be replaced in the Dow Jones Industrial Average...
Here’s why Amazon’s messy second quarter doesn’t change our outlook on the stock
With Amazon Web Services humming and management identifying more ways to lower costs, Amazon's profitability story is still intact.
Walgreens sells shares in Cencora for third time this year, raises $1.1 billion
Walgreens Boots Alliance said it has sold an additional chunk of sales in Cencora to the drug distributor for $1.1 billion.
VSee Health stock more than double on plans for robots to assist in ICUs
Shares of VSee Health surged after the telehealth services provider said it has partnered with Ava Robotics to develop a robot for the inpatient intensive...
Bond ETFs attract record flows in July as investors position for Fed rate cuts
Investors poured money into bond-focused exchange-traded funds in July, according to State Street Global Advisors. Here’s where their money went within fixed income — and why.
Amazon says distraction of Olympics, Trump assassination attempt contributed to weak forecast
Amazon CFO Brian Olsavsky told reporters after the company's earnings reports that "we do see different traffic patterns during those events."
Roku benefits from ‘focus on value’ as it narrows quarterly loss
Roku said that the number of its streaming households rose 14% to 83.6 million, and the number of streaming hours was up 20% to 30.1...
Warner Music Group restructures operations to boost revenue growth
The entertainment and record label conglomerate on Thursday said that Max Lousada, longtime chief executive of Recorded Music, has decided to step down as part...