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Key Points Amazon’s combined chip business now sits at an annual revenue run rate of more than $20 billion. CEO Andy Jassy said the run rate would be $50 billion if the chip business were a standalone operation. Amazon’s chip momentum is helping fuel its fastest cloud computing growth rate in 15 quarters. These 10 ...
Here’s a quick recap of the crypto landscape for Wednesday (April 29) as of 8:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$75,469.06, down by 1.2 percent over the last 24 hours. Chart via TradingView. Bitcoin price performance, ...
Key Points Few companies exert a bigger influence on the artificial intelligence (AI) industry than OpenAI. The AI lab is at the forefront of developing large language models with its GPT models, and it’s planning to spend hundreds of billions of dollars on computing capacity to train those models and serve its user base. But ...
Key Points Netflix recently implemented a stock split. The company is on the verge of a blockbuster acquisition. The stock remains attractive given its financial results and prospects. 10 stocks we like better than Netflix › Streaming specialist Netflix (NASDAQ: NFLX) requires no introduction. The company has become one of the most recognizable brands, especially ...
Don’t worry, Joe DiMaggio, your 56-game hitting streak is safe. The iShares Semiconductor ETF (NASDAQ: SOXX) had its own hitting streak end at 18 straight days, gaining more than 30% over the period. The SOXX fund holds 30 of the largest semiconductor companies, and its recent rally illustrates the semiconductor industry’s recent surge. Beyond the ...
Garrett Motion Inc. GTX posted first-quarter 2026 earnings of 49 cents per share, up 63.3% from 30 cents a year ago. The bottom line beat the Zacks Consensus Estimate of 43 cents, delivering a 15.4% earnings surprise. Net sales came in at $985 million, up 12.2% year over year and ahead of the consensus mark ...
Gated funds, collateral fraud, and auto-sector defaults are giving investors in private credit funds and their stock-market equivalents, business development corporations (BDCs), a headache. We have discussed the recent woes of private credit funds (, ), yet we haven’t addressed BDCs. The similarities and differences between private credit funds and BDCs are important. For instance, ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Avantis Emerging Markets Equity ETF (Symbol: AVEM) where we have detected an approximate $248.0 million dollar inflow — that’s a 1.1% increase week over week in outstanding units (from 258,000,000 to 260,800,000). Among the largest ...
Here’s a quick recap of the crypto landscape for Wednesday (April 29) as of 8:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$75,469.06, down by 1.2 percent over the last 24 hours. Chart via TradingView. Bitcoin price performance, ...
Key Points SpaceX recently filed confidential paperwork with regulators to pave the way for a potential IPO. The company has reportedly retained a team of investment bankers from 21 different firms who will begin pitching IPO shares sometime in early June. In total, SpaceX is supposedly targeting a $1.75 trillion valuation — though it’s possible ...
