Andy Jassy says Amazon investors will be rewarded by its AI spending
Andy Jassy said Amazon’s massive spending on artificial intelligence isn’t something investors should fear — it’s exactly why…
Do not sell these 2 stocks with major ties to the AI data center buildout
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET.…
Berkshire shares trade higher as Buffett successor Abel scores good marks at meeting, earnings jump
Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on…
Greg Abel rules out break-up, stressing continuity with Buffett
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway.…
OPEC+ announces 188,000 barrels-per-day output increase
Jonathan Raa | Nurphoto | Getty Images OPEC+ has agreed an increase in oil output of 188,000 barrels…
OPEC+ set for another oil output quota hike despite Hormuz closure
OPEC+ has agreed in principle to raise oil output targets in June, two sources familiar with the group’s…
Cardinal Health’s sell-off was an overreaction. We’d be buyers
We’ve taken a closer look at Cardinal Health’s quarterly results and conference call following Thursday’s sell-off. Our conclusion:…
China’s EV price war turns into AI arms race beyond cheaper cars
AI signage at the Robert Bosch booth at the Beijing Auto Show in Beijing, China, on Saturday, April…
China’s self-driving truck leaders say AI breakthroughs won’t accelerate rollout — here’s why
The steering wheel on an Inceptio Technology autonomous truck in Jinan, Shandong Province, China, on Thursday, April 18,…
Apple delivers a nearly perfect quarter, with a CEO change and an AI update ahead
Apple on Thursday evening reported a strong quarter to wrap up a busy week of megacap earnings. Clearly,…
Reddit’s CEO calls his company ‘the fuel’ for artificial intelligence
Reddit CEO Steve Huffman said his company may be one of the most underappreciated winners of the artificial…
Alphabet increases AI spending but gets rewarded for further proof that it’s paying off
Alphabet reported a monster quarter, with revenue more than $2.5 billlion ahead of expectations and earnings nearly doubling…