Nvidia and Meta lead tech recovery on Wall Street
Tech stocks surged, pushing the S&P 500 and Nasdaq higher, even as US-China trade negotiations remained stalled....
Tag : Amazon
Anthropic raises $3.5B, valuation skyrockets to $61.5B
Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance....
Meta job cuts hit thousands as AI investments reshape workforce
Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The layoffs, focused on “low performers,” impact multiple...
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a "once-in-a-lifetime"...
Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Nvidia fell 14% premarket as China’s DeepSeek launched a cost-efficient AI model, shaking global markets and raising concerns over U.S. dominance in AI infrastructure....
1,700 jobs cut as Amazon exits Quebec warehousing operations
Amazon announced the closure of seven Quebec warehouses, eliminating 1,700 jobs, amid allegations the move is linked to recent unionization efforts at a Montreal-area facility....
Wall Street rallies on softer-than-feared Trump trade policies
The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts....
Business leaders donate millions to Trump’s inaugural committee
Business leaders and major corporations donate millions to President-elect Donald Trump’s inaugural committee, aiming to secure influence and access as his administration plans economic policy...
AT&T mandates full in-office work for employees starting January 2025
AT&T will require all office employees to work on-site five days weekly starting January 2025, marking a shift from its hybrid model and aligning with...
MapBiomas report reveals fires burned 22 million hectares in Brazil
Fires in Brazil have destroyed 22.38 million hectares of forests between January and September, with the Amazon rainforest being the most affected biome, according to...