Amazon stock jumps on $38 billion deal with OpenAI to use hundreds of thousands of Nvidia chips
Amazon (AMZN) stock jumped roughly 5% Monday morning after the company announced a $38 billion deal with OpenAI (OPAI.PVT) for the ChatGPT developer to access hundreds of thousands of Nvidia’s (NVDA) AI chips through its cloud computing infrastructure.
Under the partnership,
Read MoreAlphabet Just Announced Incredible News for Nvidia Stockholders
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Alphabet released earnings that surpassed analysts’ estimates.
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The company’s cloud business offers customers a variety of AI products and services, including access to those from Nvidia.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) announced plenty of fantastic news for its own shareholders when it released earnings last week.
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Read MoreDow Jones Today: Stocks on Track To Extend Gains With Palantir Earnings on Deck; Kenvue Stock Soars on Takeover
The major stock indexes were mixed on Monday morning at the outset of another busy week of quarterly earnings reports and the release of key private sector employment data.
The tech-heavy Nasdaq Composite was up 0.5% in recent trading. Meanwhile, the benchmark S&P 500 gave up early gains to trade flat,
Read More3 Leading Tech Stocks to Buy in November
While some investors may call these stocks overvalued, the metrics don’t back up that claim.
Despite many investors proclaiming the market as overvalued heading into the end of the year (which it probably is from a historical standpoint), the market continues to roar higher. This isn’t an easy task to juggle for investors,
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Read MoreApple Stock Is Trending Down: What's Going On?
Apple Inc (NASDAQ:AAPL) shares are sliding on Monday after climbing to new highs last week. Here’s a look at what’s going on.
What To Know: Apple investors appear to be circling a Bloomberg report focused on the year ahead for Apple.
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Read MoreThe Burst
UnitedHealth Could Get Worse Before It Gets Better
After a punishing first half of the year, UnitedHealth’s latest earnings report delivered another gut punch.
The stock, which had already been cut in half year-to-date by July 31, slid even further following the release.
Between deteriorating fundamentals, mounting regulatory pressure, and a brutal earnings revision, it’s fair to ask whether UnitedHealth finally hit bottom,
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Read MoreThe Ivy
Is This Healthcare Stock Set To Rally?
Eli Lilly has been a frustrating hold so far this year. Shares are slightly down year to date, a rare stumble for a company that has delivered nearly 5x returns over the past five years.
For a stock that’s become a poster child of the weight-loss and diabetes boom, the slowdown in momentum has left investors wondering if the story has run its course.
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Read MoreThe Spotlight
UPS Stock Is Sinking But This Dividend Giant May Be Poised for a Comeback
United Parcel Service may be a household name, but lately, its stock performance has left investors anything but comforted.
UPS started 2025 on the back foot. In the first quarter, revenue slipped slightly, margins were underwhelming, and earnings per share were up just 4% year-over-year. What’s more telling? U.S. daily delivery volumes were down by around the same amount.
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