• AMZN

US labor board bans mandatory anti-union meetings in ruling against Amazon

Amazon illegally discouraged unionizing at a New York warehouse, prompting labor board to ban captive audience meetings that interfere with workers' rights to organize.

• AMZN
• BLK
• CSCO
• GS
• MS
• MSFT
• NVDA
• PSTG

CoreWeave closes $650 million secondary sale as AI startups lure investors

CoreWeave secured a $650 million investment, valuing the AI cloud startup at $23 billion, amid rising demand for cloud computing and generative AI technology.

• AMZN
• PDD

Amazon launches low-cost ecommerce service in US to challenge Temu

Amazon launches Amazon Haul, a low-cost ecommerce service with products priced at $20 or less, aiming to compete with Shein and Temu.

• AMZN

Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels

Amazon, IKEA, and others form Zero Emissions Maritime Buyers Alliance to contract e-fuel transportation, aiming for net-zero emissions in shipping by 2050.

• AMGN
• AMZN
• CL
• DJI
• DOW
• DX
• DXCM
• EUR/USD
• GC
• HON
• INTC
• IXIC
• LCO
• LYV
• MOS
• MSFT
• TSN
• US500
• USD/JPY
• VIX

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.86%

• AMD
• AMZN
• GOOGL
• MSFT
• NVDA

Amazon offers free computing power to AI researchers, aiming to challenge Nvidia

Amazon is offering $110 million in credits for researchers to use its Trainium AI chips to compete with Nvidia, emphasizing a new programming approach to attract large clients.

• AMZN
• GOOG
• GOOGL
• NVDA

Expect strong Nvidia results to keep the stock moving higher: UBS

UBS analysts remain optimistic about Nvidia's earnings, raising their price target to $185 and forecasting strong revenue growth driven by AI demand and favorable capital expenditure trends.

• AMZN
• GOOG
• GOOGL
• PINS

Wedbush lifts Pinterest to Buy, shares climb

Wedbush analysts upgraded Pinterest's stock rating to Outperform, citing growth potential and effective monetization strategies, expecting substantial EBITDA growth and limited risks post third-quarter results.

• AMZN
• FDX
• WMT

Exclusive-Amazon developing driver eyeglasses to shave seconds off deliveries, sources say

• AMZN
• BX
• MSFT
• TEF

Asterion agrees to sell data centre operator Nabiax to Aermont

Asterion and Telefonica are selling Nabiax, a Spanish data centre operator, to Aermont Capital. Nabiax, valued around €1 billion, boosts investment driven by AI demand.