Amazon’s (AMZN) artificial intelligence strategy is paying off. The company’s third-quarter earnings report released on October 30 corroborates this. Amazon has added 3.8 GW of power capacity in the past year, which, according to the company, is more than any other cloud provider has added in the …
An overall mixed week in terms of the major indices’ performances and the stock market’s reaction to earnings from big tech companies. The S&P 500 was up 0.71% this week, buoyed by Amazon and Robinhood’s gains on Friday.The tech-heavy Nasdaq Composite, up 2.2% over the week…
It used to be that dollar stores had a certain reputation — namely, that they were for income-constrained households or people down to their last $20 dollars in their bank accounts. But in today’s economy, dollar stores aren’t just for budget-conscious customers. There’s been a shift toward middle- …
Companies that produce certain natural, plant-based food products have struggled to generate adequate revenue and in some cases establish shelf space in mainstream grocery stores across the country since the Covid-19 pandemic. Iconic retail food producer Atlantic Natural Foods LLC, which was …
It’s the warmest, coziest down comforter I have ever had…
Another restaurant has closed its doors for good. While restaurant closures have surged in recent years, driven by economic uncertainty, rising costs, and slowing consumer spending, this case involves more than just the typical financial troubles. Despite its prime location along San Antonio’s …
The retail sector has battled a variety of economic challenges this year that have resulted in a decline in revenues for certain companies and financial distress. Retailers have often blamed higher costs of labor and products driven by rising inflation, increased interest rates on their debt …
Google is having a pretty intense year, but the most important battle has been won for the company, as it emerged unscathed from the monopoly case against it. A federal judge’s ruling that Alphabet would not have to sell Chrome or Android was a significant win…
We are now in the second-longest government shutdown era, and its impact can be felt in growing dissatisfaction among furloughed workers, economic instability in regional banks, and increasing uncertainty over back pay. Meanwhile, the stock market remains largely unaffected, and once again, on …
A number of regional airlines have filed for Chapter 11 bankruptcy protection in 2025.Charter airline Kachina Air filed Chapter 11 bankruptcy on October 24.Fuel and aviation costs have been blamed. This has not been the best year to be in the airline industry. In September, two Scandinavian …
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