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Amazon (NASDAQ: AMZN) has had a good year thus far — the tech behemoth is up 25.35% year-to-date (YTD).
24/7 Wall St. Insights With Nvidia Corp. (NASDAQ: NVDA) stock looking like it might have plateaued, investors may have been wondering what's next.
Semiconductor stocks and ETFs have been fluctuating lately. While there is increasing demand for AI hardware, occasional concerns about a potential demand slowdown are also emerging.
The Competition and Markets Authority (CMA) has released the full details on its decision not to pursue a regulatory investigation into Amazon.com Inc (NASDAQ:AMZN)'s $4 billion (£3 billion) investment in artificial intelligence research company Anthropic. Amazon was given the green light from the CMA to go ahead with the deal in September.
Griffin aggressively added to his hedge fund's positions in all three of these top AI stocks in Q2.
The US Federal Trade Commission (FTC) has introduced a new "click to cancel" rule to simplify the process of ending subscriptions. Companies must now make signing up and cancelling subscriptions equally easy.
Large technology companies are investing billions of dollars in nuclear energy as an emissions-free source of electricity for artificial intelligence and other businesses.
Amazon (AMZN) is expected to invest $500 million into nuclear power to bolster data centers for AWS. It signed deals with Dominion Energy (D) and X-Energy.
Amazon is anchoring a $500 million financing round for X-energy to develop modular nuclear reactors. The first sites in Washington and Virginia would provide carbon-free energy to meet growing demand.
Amazon.com Inc (NASDAQ: AMZN) was in focus this morning after its cloud computing subsidiary Amazon Web Services (AWS) announced plans to invest over $500 million in nuclear power. This comes amid an increasing need for energy as it continues to expand its footprint in generative artificial intelligence.