Lilly Endowment sells $183.6 million in Eli Lilly stock By Investing.com
SWI Editorial Staff2025-02-07T15:40:40-08:00Lilly Endowment sells $183.6 million in Eli Lilly stock
Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
SWI Editorial Staff2025-02-07T15:40:35-08:00President Trump said on Friday that Nippon Steel was planning to make a major investment in U.S. Steel after the Biden administration moved to block the Japanese company’s $14 billion ...
Meta Platforms (META) to Layoff 5% of its Global Workforce
SWI Editorial Staff2025-02-07T15:52:18-08:00Meta Platforms ($META) is planning to cuts 5% of its global workforce starting on Feb. 10. The job cuts are the latest cost-cutting measure to be implemented by the...
Amazon plans to spend an estimated $100 billion on AI in 2025
SWI Editorial Staff2025-02-07T15:50:38-08:00AWS sign in Javitz Center NYC. Fionna Agomuoh / Digital Trends Amazon spent $26.3 billion in capital expenditures during the fourth quarter of 2024, and that is “reasonably representative” of ...
Ohio Chamber Emerges as Unexpected Ally for Solar Projects
SWI Editorial Staff2025-02-07T14:32:00-08:00The Ohio Chamber of Commerce is emerging as an unexpected ally of clean-energy advocates and solar developers who are hoping to build more projects in the state. While the business group ...
Amazon Will Spend Nearly A Year Of AWS Revenue On AI Investments
SWI Editorial Staff2025-02-07T14:31:49-08:00There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model builders who are partnering with their new sugar ...
AMZN Stock’s Decline Is an “Expectations Correction,” Says Evercore
SWI Editorial Staff2025-02-07T14:31:47-08:00Amazon’s ($AMZN) latest earnings report sent its stock price down in today’s trading, but Wall Street analysts remain bullish on the tech company’s prospects. Despi...
Amazon Spends Big, DraftKings Sees Major Super Bowl Bets
SWI Editorial Staff2025-02-07T14:31:45-08:00Bloomberg's Caroline Hyde and Jackie Davalos discuss Amazon's $100 billion spending on AI as earnings fail to excite investors. And, US Treasury Secretary Scott Bessent pushes back on DOGE worries, ...
Amazon Prime Video Ad Tier Class Action Lawsuit Dismissed
SWI Editorial Staff2025-02-07T14:31:45-08:00A lawsuit accusing Amazon of misleading Prime subscribers by charging them an additional fee to stream movies and TV shows without ads has been dismissed. U.S. District Judge Barbara Rothstein ...
Nasdaq 100: Tech Stocks Sink as Amazon, Apple Drop on Fed Uncertainty and Tariffs
SWI Editorial Staff2025-02-07T14:31:37-08:00Daily Chevron Corp.A few defensive names managed to stay in the green. Chevron gained 1.1%, benefiting from strength in the energy sector, while Coca-Cola and Johnson & Johnson also eked ...
