business news
Amazon’s cloud unit reports 28% sales growth, topping estimates
Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 3, 2025. Noah Berger | AWS | Reuters Amazon Web Services recorded 28% revenue growth in the first quarter, beating analysts’ estimates, as the cloud infrastructure leader boosted its investment in Anthropic and prepared to work more closely […]
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Meta’s Reality Labs lost over $4 billion in first quarter
Meta CEO Mark Zuckerberg during the Meta Connect event in Menlo Park, California, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images As Meta pumps increasing amounts of cash into artificial intelligence, the company’s metaverse efforts continue to bleed money. In its first-quarter earnings report on Wednesday, Meta revealed that its Reality Labs […]
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Microsoft beats on top and bottom lines with 40% Azure growth
Microsoft CEO Satya Nadella speaks during the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft shares slipped 3% on Wednesday after the software maker reported more robust fiscal third-quarter results than analysts had expected. Here’s how the company did in comparison with LSEG […]
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Chipotle Mexican Grill is about to report earnings. Here’s what to expect
A Chipotle logo is displayed on a sign outside a restaurant on Jan. 9, 2026 in San Diego, CA. Kevin Carter | Getty Images Chipotle Mexican Grill is expected to report its first-quarter earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are projecting that the company will report: Earnings […]
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Trump says it’s ‘great’ that UAE pulled out of OPEC
U.S. President Donald Trump speaks during an event with Artemis II astronauts, NASA Commander Reid Wiseman, NASA Pilot Victor Glover, NASA Mission Specialist Christina Koch and Canadian Space Agency (CSA) Mission Specialist Jeremy Hansen, in the Oval Office at the White House in Washington, D.C., U.S., April 29, 2026. Evelyn Hockstein | Reuters President Donald […]
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Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism ‘unprecedented’
Key Points Fed Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank’s headquarters continues. The statement resolves for the moment a key question that hovered over the Federal Open Market Committee meeting. “The things that have […]
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Meta looks to report fastest revenue growth since 2021
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta will report first-quarter earnings after the bell on Wednesday. Here’s what analysts polled […]
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We toured an AI data center to see how our stock names make these facilities work
The part of artificial intelligence that often gets overlooked lives inside data centers like CoreSite’s sprawling complex just outside New York City. CEO Juan Font thinks of his company’s facilities like shopping malls. “You have multiple stores sharing the same building, the same power, the same cooling, but in the digital sense, as opposed to having […]
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Robinhood’s revenue slump exposes crypto’s core weakness
Robinhood’s latest earnings report exposes a structural issue at the heart of crypto: It still struggles to generate stable, nonspeculative revenue despite years of growth, innovation and institutional acceptance. Crypto trading revenue is the lifeblood of platforms like Robinhood (as well as Coinbase , Gemini Space Station and Bullish — all of which will give […]
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PayPal’s new CEO makes Venmo a standalone business unit as potential buyers circle
Enrique Lores, then-CEO of Hewlett-Packard speaks on CNBC outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC PayPal CEO Enrique Lores has this week told managers that he is reorganizing the firm’s reporting lines to separate Venmo, the popular mobile payments app, from the company’s other operations, CNBC […]
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