US e-commerce giant Amazon’s investment could create up to 3,000 jobs, said the Elysee (SEBASTIEN BOZON) Microsoft on Sunday announced four billion euros in investment for developing data centres in France, joining fellow US giant Amazon in committing to the country’s tech infrastructure. The announcements came on the eve of the seventh Choose France Summit,
(Bloomberg) — Amazon.com Inc. plans to spend $9 billion expanding its cloud computing infrastructure in Singapore, the latest global tech company to boost investment in Southeast Asia. Most Read from Bloomberg The outlay, to be done over the next four years, doubles Amazon Web Services’ investment in Singapore and helps it meet growing customer demand
The “Magnificent Seven” is a collection of the world’s largest technology stocks. They earned the name last year when they delivered an average gain of 112%, which crushed the 24% return of the S&P 500 index. The seven stocks include: Microsoft (NASDAQ: MSFT) Amazon (NASDAQ: AMZN) Nvidia Meta Platforms Apple Alphabet Tesla Some members of
Industry News AWS Completes Investment in Claude AI Maker Anthropic Amazon Web Services has completed its promised $4 billion investment in generative AI company Anthropic. Anthropic and AWS first inked the deal last September. As part of its terms, AWS would become a minority owner in Anthropic, maker of the Claude chatbot and family of
The S&P 500 index has roared higher over the past 16 months, rebounding from its bear market low to reach record levels — and confirm a new bull market. And the movement has been led by one group of stocks in particular. Dubbed the “Magnificent Seven” in reference to the 1960 Western, these players are
stockcam / iStock.com Amazon has come a long way since its humble roots. Originally founded as an online bookseller, Amazon is now the go-to name in e-commerce, selling everything from ballpoint pens to prefabricated houses. Find Out: One Smart Way To Grow Your Retirement Savings in 2024 Check Out: 10 Valuable Stocks That Could Be
When investors think of stocks from the Dow Jones Industrial Average, some might think the index has more than its share of stodgy industrial companies unlikely to produce more than nominal returns and ignore its component parts. But in recent years, Dow parent S&P Global has replaced old-economy companies such as Alcoa and General Electric