Amazon teams with OpenAI as Microsoft exclusivity pact ends
Amazon announced an expanded partnership with OpenAI on Tuesday, enabling its cloud customers to access OpenAI’s models through Amazon Web Services (AWS). The move comes just a day after OpenAI and Microsoft confirmed they had ended their exclusivity agreement, allowing the
Airbus profit halves as engine delays curb deliveries
Airbus reported a sharp decline in first-quarter earnings on Tuesday, as supply chain disruptions—particularly engine shortages—curbed aircraft deliveries and weighed on profitability. Adjusted operating profit fell 52% year-on-year to 300 million euros, well below analyst expectations of 348 million euros. Revenue
Centene stock rises as earnings beat, outlook lifted on cost cuts
Shares of Centene Corporation rose about 14% on Tuesday after the company reported stronger-than-expected first-quarter results, driven by cost controls and steady premium growth. The St. Louis-based managed-care company posted net earnings of $1.54 billion, or $3.11 per share, up from
HSBC turns overweight on US stocks amid earnings momentum
HSBC upgraded its stance on US equities to “overweight” from “neutral” on Tuesday, citing strong earnings momentum and easing geopolitical risks that are shifting investor focus back to fundamentals. The brokerage, however, downgraded Europe ex-UK to “neutral,” warning that economic conditions
US agency shuts probe into WhatsApp encryption claims against Meta: report
A US government agency has abruptly closed an investigation into allegations that Meta Platforms could access encrypted messages on its WhatsApp platform, according to a Bloomberg report. The probe, conducted by an investigator within the Office of Export Enforcement at the
Atlassian stock prepares for a big move: will it jump or crash after earnings?
Atlassian stock price has slumped this year and is now hovering at its lowest level since November 2018. It was trading at $69, down from the record high of $483, with, the market cap falling from over $110 billion to
BitMine stock analysis: what next for this future free cash flow machine?
BitMine stock price has gone sideways this month, even as Ethereum has remained above the important support level at $2,000. This consolidation could be the calm before the storm as the company continues its Ethereum purchases and staking. BitMine stock on