UPS met its obligation to retrofit 2,000 parcel delivery vans with air conditioning in the hottest parts of the country by June 1 and recently started a pilot program for piping cooled air into the rear cargo area behind the bulkhead door, where drivers can be exposed to... <
Quick Read - Cramer tags BLZE as a legitimate Amazon S3 rival growing AI customers 76% year over year but says timing is wrong to step in. - Equipment costs rising 30% yearly and a shrinking legacy backup unit threaten margins even as Backblaze raised full-year revenue guidance...</strong
Hedge fund Citadel highlights cost concerns as enterprises cut AI token budgets before a wave of mega-IPOs. Citadel Securities issued a macro note warning that AI adoption is decelerating due to rising costs, with enterprises scaling back token spending. Recent examples in
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Markets show modest gains amid calmer geopolitical tone, with focus shifting to the ECB’s expected rate guidance. European equities rose slightly in a cautious session as US-Iran tensions showed signs of easing, though Iran maintained the Strait of Hormuz remains closed. W
Federal prosecutors in Washington have issued wide-ranging subpoenas to several of the largest US banks, including JPMorgan Chase, Bank of America and Wells Fargo, seeking records tied to claims that customers were denied banking services or had accounts shut for political...
Last week, SpaceX (NASDAQ: SPCX) disclosed a new cloud service agreement with Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google through an amendment to its Form S-1. Demonstrating an ability to monetize artificial intelligence (AI) infrastructure by supplying a hyperscaler
U.S. equity futures rose following de-escalation in Middle East tensions, while Oracle shares fell despite beating earnings estimates. Dow Jones, S&P 500, and Nasdaq futures climbed early Thursday after U.S. military actions in Iran concluded without further immediate esca
Analysts cite modest downside momentum for the pair following a close below the 0.7000 level. The Australian dollar is poised for further declines toward 0.6975 against the USD after closing below the 0.7000 mark, according to analysts. Downside momentum remains modest, bu
Michael Saylor debates bitcoin valuation frameworks Michael Saylor argued that issuing equity for cash or bitcoin is not inherently dilutive. Saylor said investors can calculate Strategy's mNAV using common equity, preferred equity and convertible debt. The
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