Zheng Gao, an eight-year veteran at the Elon Musk-run automaker, is departing for rival robotaxi builder Zoox, the company announced on Wednesday.
Another reason to be leery of buying Amazon stock in the new year is the economic uncertainty. We've already seen the Federal Reserve indicate tentativeness about the number of interest rate cuts on the way in 2025. If the Fed becomes more nervous about the U.S. economy, it could signal bad news for Amazon.
Amazon takes on Tesla with the launch of an online car shopping tool AND by snagging Elon's longtime head of Autopilot hardware development.
Bezos flatly denied a report he would marry fiancée Lauren Sánchez the weekend after Christmas in a lavish ceremony in Aspen.
Tesla topped its 2021 peak on Wednesday and Alphabet hit a record for the first time since July, as four of tech’s seven megacaps closed at all-time highs.
Big Tech stocks were surging on Wednesday, putting shares of many of the year's most popular megacap companies on pace for a record close, according to a tally from Dow Jones Market Data. Apple Inc.,
In its most recent fiscal quarter, same-store sales, excluding fuel, jumped 7%, compared to a 3.8% increase in the same time period a year ago. Through the nine months ended Oct. 31, Sam's Club has hauled in $67.2 billion in sales and $1.8 billion in operating profits.
The Federal Reserve's monetary policy has consistently played a pivotal role in shaping the stock market, particularly for the technology sector. As interest ra
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Meet the exclusive list composed by the richest billionaires in the world. Their combined wealth equates to $2.5 trillion.
Year to date, Nvidia remains the biggest driver of BATMMAAN gains, up 163%, followed by Broadcom's late-year surge to 115% and by 93% for Tesla, 75% for Meta, 52% for Amazon.com, 39% for Alphabet, 31% for Apple and 20% for Microsoft - which incidentally is the top holding among hedge funds.
SEATTLE — Elon Musk and Jeff Bezos have become the two wealthiest men in the world thanks to their breakthrough technology companies. But Musk, through SpaceX, has long held a big lead in the pursuit closest to their hearts: colonizing space.