Amazon CEO Jassy defends $200 billion AI spend: “We’re not going to be conservative”
Amazon shares have struggled so far this year as investors question the company’s aggressive AI spending plans.
Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows
The gauge released Thursday offers the Federal Reserve a snapshot of conditions leading into the Iran war.
Stocks making the biggest moves premarket: Constellation Brands, Datadog, Occidental Petroleum, CoreWeave and more
These are the stocks posting the largest moves in the premarket.
JPMorgan upgrades a key financial stock that has gotten hit in 2026
The bank upgraded its rating on Capital One Financial, citing its cheaper valuation after a fall in 2026 and ability to manage a potentially weaker consumer.
Meta’s long-awaited AI model is finally here. But can it make money?
After releasing its first major AI model in a year, Meta now has to figure out how to turn it into a business.
As millions lose weight on GLP-1s, they’re starting to turn to retailers to refresh their wardrobes
Apparel retailers could see an up to $13 billion annual boost in spending because of GLP-1 drugs, according to an estimate by equity research firm Bernstein.
OpenAI halts UK stargate project amid regulatory and energy price concerns
The major AI infrastructure was announced in September in partnership was with Nvidia and Nscale.
Meta commits to spending additional $21 billion with CoreWeave as AI costs keep rising
Meta’s additional spending commitments with CoreWeave will be deployed from 2027 to 2032.
U.S. Treasury yields steady ahead of key U.S. inflation data releases
U.S. Treasury yields held steady early Thursday as investors prepared for several key economic data releases.
Britain to call for toll-free Strait of Hormuz, says Lebanon must be part of Iran ceasefire
In an annual foreign policy speech, Cooper is expected to say that shipping must be toll-free through the strategically vital Strait of Hormuz.