Amazon's stock soars 12% on third-quarter beat and increased spending guidance
Amazon blew past analyst estimates in its third-quarter earnings report and raised its capital expenditures forecast for the year to $125 billion.
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Amazon stock soars 10% as earnings beat estimates, company posts strong cloud growth
AWS revenue accelerated 20.2% to $33 billion, which CEO Andy Jassy said was a pace it hadn't seen since 2022.
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Meta shares drop 9% despite earnings beat as company takes one-time tax charge
Meta reported third-quarter earnings on Wednesday and investors will be watching for any signs that it will increase spending on artificial intelligence.
Fed cuts rates for the second time this year, will end balance sheet run-off in December
The Federal Reserve on Wednesday released its interest decision following a two-day meeting.
Nvidia becomes first company to reach $5 trillion valuation, fueled by AI boom
A dizzying AI-fueled market rally has prompted some to raise the alarm on fears of a bubble.
Charming New England city crowned America's best housing market
The nation's top affordable housing market lies just an hour north of Boston and just happened to be home to the co-founders of McDonald's, Richard and Maurice McDonald, who grew up there.