Stocks
Amazon’s AI Agents Drive Q2 Sales Past $200 Billion Mark
Amazon's strategic deployment of AI agents across shopping, internal operations, and customer service propelled second-quarter sales to $200.6 billion, a 20% increase.
The Editorial Team 1080 articles
Stocks
Parex Resources Reports Strong Q2 2026, Boosts Production, Reaffirms Guidance
Parex Resources announced robust Q2 2026 results, driven by the Frontera acquisition, with July production reaching 83,500 boe/d and H2 guidance reaffirmed....
Investing
Leverage Fuels Spectacular Demise of AI Fund Situational Awareness
Leopold Aschenbrenner's AI hedge fund, Situational Awareness, spectacularly imploded this week, selling its $20 billion portfolio to Citadel. The rapid collapse highlights...
Finance
30-Year Mortgage Rate Reaches 6.66% as War Fuels Inflation
The average 30-year fixed-rate mortgage hit 6.66% this week, its highest in a year, driven by the war in Iran, rising oil...
Economy
Economy Slows to 1.5% Growth, Consumers Maintain Spending Pace
The U.S. economy grew at a 1.5% annual rate in the spring, a slowdown from Q1, but consumer spending remained strong at...
Economy
Tariff Costs Mount in Michigan, Worrying Even Trump Loyalists
President Trump touts tariffs in Michigan, but rising costs and job losses contradict his claims, causing concern among some loyal supporters.
Markets
BOE Holds Rates Steady Amid Oil Price Volatility
The Bank of England is expected to maintain its benchmark interest rate at 3.75%, adopting a cautious stance as oil prices fluctuate...
Stocks
Microsoft Extends Data Center Life to Curb AI Buildout Costs
Microsoft extends the estimated useful life of its data centers from 15 to 25 years, a strategic accounting move to moderate reported...
Stocks
Fortuna Approves 30% Capacity Expansion at Séguéla Gold Mine
Fortuna Mining Corp. has greenlit a 30% capacity expansion for its Séguéla Gold Mine in Côte d’Ivoire, aiming to boost annual production...