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Amazon surpasses Walmart in annual revenue for first time, as both chase AI-fueled growth
Signs for Walmart (L) and Amazon. Getty Images For the first time, Amazon has dethroned Walmart as the company with the largest annual revenue. Walmart on Thursday reported annual revenue of $713.2 billion for its most recent fiscal year, shy of Amazon’s $716.9 billion in revenue. The milestone was brewing for months, as Amazon leapfrogged […]
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Figma shares climb on earnings beat, but analysts note that AI risk remains
Shares of Figma traded higher on Thursday, but were well short of the initial surge following earnings. The stock was up by as much as 15% after the bell on Wednesday, when the design software maker reported fourth-quarter results that beat analysts’ expectations and offered rosy guidance. Figma’s revenue grew 40% year over year to […]
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Here are 3 major moments that drove the stock market last week
A massive market snapback on Friday couldn’t erase all of the week’s damage. After several days of selling, the tech sector roared back, with the Nasdaq gaining over 2% on Friday. Chipmakers Nvidia and Broadcom led the way, with gains of 7.8% and 7.2%, respectively. The broad-based S & P 500 rose nearly 2% in […]
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Hot tech stock ETFs, from AI to quantum computing, have made investors lots of money. Is it time to sell?
ETF Edge Hot tech stock ETFs, from AI to quantum computing, have made investors lots of money. Is it time to sell? Published Fri, Nov 14 202510:38 AM ESTUpdated 14 Min Ago Krysta Escobar WATCH LIVE Source
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