Amazon.com Inc

Palantir is soaring while its tech peers are sinking. Here’s why
Technology

Palantir is soaring while its tech peers are sinking. Here’s why

Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Tech stocks have struggled in 2025, as recession and trade war fears sap investor appetite for riskier assets. Palantir is the exception. Against a […]

Read More
Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items
Business

Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items

Jaque Silva | Nurphoto | Getty Images Chinese e-tailer Temu has started adding “import charges” of about 145% in response to President Donald Trump’s tariffs. The fees, which began cropping up over the weekend after price hikes went into effect on Friday, cost more than the individual products consumers are buying and can more than […]

Read More
PayPal kicks off fintech earnings as investors fear impact of Trump tariffs on consumer spending
Technology

PayPal kicks off fintech earnings as investors fear impact of Trump tariffs on consumer spending

FILE PHOTO: A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021.  Dado Ruvic | Reuters PayPal, Block and Affirm are all closely tied to the health of the consumer, which has investors on edge headed into their earnings reports. Markets broadly have been jittery to […]

Read More
Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza
Technology

Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza

From left, Veza founders Rob Whitcher, Tarun Thakur and Maohua Lu. Veza Tech giants like Google, Amazon, Microsoft and Nvidia have captured headlines in recent years for their massive investments in artificial intelligence startups like OpenAI and Anthropic. But when it comes to corporate investing by tech companies, cloud software vendors are getting aggressive as […]

Read More
These are 3 big things we’re watching in the stock market this week
Finance

These are 3 big things we’re watching in the stock market this week

The stock market bounce last week showed once again just how dependent Wall Street has become on the whims of the White House. Case in point: The S & P 500 sank more than 2% this past Monday as President Donald Trump was attacking Federal Reserve Chairman Jerome Powell and providing scant details on tariff […]

Read More
Earnings playbook: Apple and Meta highlight the busiest week of the season
World

Earnings playbook: Apple and Meta highlight the busiest week of the season

The busiest week of the earnings season is here, as investors look to some of the biggest companies in the world for guidance on how the global trade could impact their bottom lines. More than 160 S & P 500 members are slated to report, including Apple, Meta Platforms and Microsoft. Around 180 companies have […]

Read More
Amazon and Nvidia say all options are on the table to power AI including fossil fuels
World

Amazon and Nvidia say all options are on the table to power AI including fossil fuels

Anton Petrus | Moment | Getty Images OKLAHOMA CITY — Amazon and Nvidia told a room of oil and gas executives this week that all options are on the table to power artificial intelligence including fossil fuels such as natural gas. The tech and energy industries gathered in Oklahoma City at the Hamm Institute for […]

Read More
California overhauling self-driving vehicle regulations. Tesla shares climb 10%
Technology

California overhauling self-driving vehicle regulations. Tesla shares climb 10%

Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025.  Smith Collection/gado | Archive Photos | Getty Images New rules for testing and deployment of self-driving vehicles are on the way in the state of California. The California DMV announced on Friday […]

Read More
MercadoLibre CEO says US-China trade war is a big opportunity for Latin America
Business

MercadoLibre CEO says US-China trade war is a big opportunity for Latin America

MercadoLibre CEO Marcos Galperin CNBC The CEO of Argentina’s MercadoLibre — often called the Amazon of Latin America — sees big opportunity for Latin America in the U.S.-China trade war. “If Latin America plays its cards well, I think could benefit from this volatility,” MercadoLibre CEO and founder Marcos Galperin told CNBC’s Robert Frank on […]

Read More
Amazon sellers raise prices after Trump’s China tariff: ‘It’s unsustainable’
Technology

Amazon sellers raise prices after Trump’s China tariff: ‘It’s unsustainable’

An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida.  Miguel J. Rodriguez Carrillo | Getty Images For 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon. Now he’s in a bind, because most […]

Read More