Amazon.com Inc
Why investors shouldn’t cash out on Corning’s monster rally just yet
Corning stock may be skyrocketing on Tuesday, but Jim Cramer has a clear message for investors tempted to take profits: The rally isn’t over yet. Shares surged more than 16% after CNBC reported that Corning inked a new partnership with fellow Club holding Meta Platforms . The Facebook parent said it will pay Corning up […]
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Stocks making the biggest moves midday: Amazon, Reddit, Pinterest, Sysco & more
Check out the companies making headlines in midday trading: Amazon — The e-commerce giant said it would sunset its Fresh and Go brick-and-mortar store, marking a pivot in its grocery strategy . Amazon shares rose more than 1% in midday trading, while shares of rival grocers were lower. Kroger and Albertsons shares were both down […]
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UPS to cut additional 30,000 jobs in Amazon unwind, turnaround plan
A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multiyear turnaround plan. CFO […]
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Meta inks deal to pay Corning up to $6 billion for fiber-optic cables in AI data centers
As Meta tries to rapidly construct massive data centers to keep pace with the artificial intelligence craze, it’s turning to a 175-year-old glass manufacturer for help. Meta has committed to paying Corning up to $6 billion through 2030 for fiber-optic cable in its AI data centers, Corning CEO Wendell Weeks told CNBC in an exclusive […]
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Tech’s massive AI spend is under scrutiny ahead of earnings. Here’s what to watch
From left, Mark Zuckerberg, CEO of Meta Platforms; Lauren Sanchez; Jeff Bezos, founder of Amazon.com; Sundar Pichai, CEO of Alphabet; and Elon Musk, CEO of Tesla, during the 60th presidential inauguration in the rotunda of the Capitol in Washington, Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | Getty Images If 2025 was the year […]
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Chinese tech giant Tencent plots Middle East cloud expansion as spending in the region booms
The Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Tencent plans to expand its data center footprint in the Middle East, a top […]
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Microsoft’s plans for 15 more data centers win approval at former Wisconsin Foxconn site
The Microsoft data center campus, currently under construction, is reflected in Mount Pleasant, Wisconsin, September 18, 2025. Audrey Richardson | Reuters Local officials have signed off on Microsoft’s plans to build 15 more data centers in Mount Pleasant, Wisconsin, near an existing site that the technology company is expanding. Additional data center capacity will allow […]
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Tech’s top CEOs mum after Minneapolis killings, while leaders like Reid Hoffman, Yann LeCun speak out
Demonstrators gather on Michigan Avenue during a heavy snowstorm to protest against U.S. Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) in Chicago, US on January 25, 2026. Jacek Boczarski | Anadolu | Getty Images Some tech leaders are beginning to speak out after the shooting of ICU nurse Alex Pretti in […]
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Microsoft reveals second generation of its AI chip in effort to bolster cloud business
Scott Guthrie, executive vice president of cloud and enterprise at Microsoft, speaks at the Microsoft Build developer conference in Seattle on May 7, 2018. The Build conference, marking its second consecutive year in Seattle, is expected to put emphasis on the company’s cloud technologies and the artificial intelligence features within those services. Grant Hindsley | […]
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The future of shopping has arrived — and Google wants to run it
Alphabet ‘s Google has moved beyond the search bar, positioning itself as the lead architect of “agentic commerce.” In this new world, AI not only suggests what you buy but executes the purchase for you. For years, online retail has operated under a predictable platform: Shoppers search, click through the results, and complete checkout on […]
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