Category: Top Story

Mounting concerns over artificial intelligence disruption have transformed equity markets into what Deutsche Bank describes as a “sniper’s alley,” as investors reassess which companies stand to benefit — and which could be left behind. According to analysts at the bank, investor thinking around AI has shifted away from a once “magical vision of the future”…

Morgan Stanley has identified Amazon (NASDAQ:AMZN) as its Top Pick, arguing that both AWS and the company’s Retail division are under-recognized winners in generative AI. The firm believes Amazon is well placed not only to benefit from, but also to shape, the next phase of AI-led transformation. Although investors have been debating the payoff from…

Analysts at Morgan Stanley say the rapid rollout of new artificial intelligence models poses “structural risks” to equity markets, but they also point to several “contradictory elements” within the broader AI-driven disruption story. Shares across the global software sector have come under pressure in recent weeks, as investors react to the launch of advanced AI…

Western Union Company (NYSE:WU) reported fourth-quarter results that beat earnings expectations but missed on revenue, sending shares down about 2.5% following the release. The payments and money transfer provider posted adjusted earnings per share of $0.45 for the quarter, exceeding the $0.43 analyst consensus. Revenue, however, totaled $1.0 billion — below the $1.04 billion expected…

Amazon’s (NASDAQ:AMZN) cloud division experienced at least two service interruptions in December tied to issues involving its own artificial intelligence systems, the Financial Times reported on Friday, citing sources familiar with the matter. According to the report, Amazon Web Services (AWS) suffered a roughly 13-hour disruption in mid-December that affected a customer-facing system after engineers…

Netflix (NASDAQ:NFLX) has significant cash reserves and retains the flexibility to raise its offer for Warner Bros Discovery (NASDAQ:WBD) should rival bidder Paramount Skydance improve its proposal, according to two people familiar with the situation. The streaming heavyweight and the rival studio have been engaged in a high-stakes contest for Warner Bros and its vast…

Tesla (NASDAQ:TSLA) introduced a more affordable version of its Cybertruck in the U.S. on Thursday and reduced the price of its top-tier Cyberbeast model, as the electric vehicle manufacturer works to stimulate demand for its pickup lineup. The company set the price of the new dual-motor, all-wheel-drive Cybertruck at $59,990, positioning it as the brand’s…