A strong result from Amazon pushes Wall Street high, and the ASX is set to open flat this morning. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The Australian sharemarket is set for a tepid start to the week while mortgage holders are unlikely to get a helping hand on Tuesday.
Jensen Huang's Nvidia stands to benefit from the growing capital-expenditure budgets discussed by Big Tech players last week. Amazon.com Inc. won over Wall Street last week with improved cloud trends ...
Investors were worried AWS was falling behind in AI. A new growth trajectory has restored confidence in Amazon’s cloud ...
Beyond the corporate results, market participants will also be monitoring several important economic data releases, including the job openings figures, manufacturing and services PMIs, figures for TBA ...
The chipmaker at the heart of the AI revolution is not only by far the biggest company on the planet, it also may be the most ...
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The end of labour hoarding: How corporate America’s new ruthlessness signals a turning point
Corporate America’s long freeze on layoffs has ended. After years of “labour hoarding” post-pandemic, major firms like Amazon, UPS, Target, and Meta a ...
Amazon is implementing its largest layoff drive, cutting approximately 2,303 corporate jobs in Washington state, with ...
With a $175 million workforce pivot across giants like Amazon, UPS, and Target, corporate America is shedding its ...
With third-quarter earnings season more than halfway done, per-share profit growth is trending at 10.7% for the companies in the S&P 500 Index SPX, according to a FactSet report on Friday. If that ...
U.S. Stocks End Friday in Positive Territory. Wall Street closed Friday's session higher as blockbuster corporate earnings ...
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