Amazon has confirmed plans to cut around 16,000 jobs worldwide as it steps up efforts to streamline its operations, following the accidental release of an internal email outlining the reductions.
Amazon has confirmed plans to cut around 16,000 jobs worldwide as it steps up efforts to streamline its operations, following the accidental release of an internal email outlining the reductions.
For some, the festive period is a chance to reflect on the year just gone. For others, it is a moment to start positioning for what comes next.
Amazon.com Inc. is reportedly in negotiations to invest up to $ 10 billion in OpenAI, whilst providing the artificial intelligence company with access to its proprietary AI chip technology, according
Nvidia Corporation stands to gain more than five billion dollars in quarterly revenues as early as 2026 should United States authorities permit the export of its H200 artificial intelligence chips
UBS has maintained its constructive view on the European banking sector as it approaches 2026, keeping Barclays PLC on its roster of preferred buy-rated stocks. The broker argues that the
Donald Trump has opened the door for Nvidia to resume selling high-end AI chips to China, reversing a major pillar of US export controls and delivering a significant win for
Recent disclosures have revealed that Peter Thiel’s hedge fund divested entirely from Nvidia during the third quarter of 2025, relinquishing a $100 million holding that comprised two-thirds of the fund’s
Michael Burry — the investor immortalised in The Big Short for predicting the collapse of the US mortgage market — appears to have shut down his hedge fund after placing
Shares in SoftBank Group plunged on Wednesday after the Japanese investment giant revealed it had sold its entire stake in Nvidia for $5.8bn (£4.4bn), sparking investor unease over its shifting
Almost $1 trillion has been erased from the value of Wall Street’s largest technology companies this week, as investors grow increasingly wary of soaring valuations linked to artificial intelligence.
U.S. stocks fell at the opening bell on Friday as renewed concerns over the economic outlook and lofty technology valuations weighed on investor sentiment.
U.S. stocks opened lower on Thursday as investors digested signs of a slowing labour market and lingering concerns about stretched technology valuations following this week’s sell-off.