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Latest Stock Market Updates

Amazon Prepares for High Stakes Earnings Call Amid Massive Tech Spending

Key Points: Amazon will share its first-quarter earnings this Wednesday alongside massive tech rivals like Google and Microsoft. The company plans to spend $200 billion on artificial intelligence infrastructure this year alone. High gas prices pose a major problem for the shipping industry, potentially costing companies billions. Analysts expect Amazon to report $177.2 billion in total revenue and strong growth in its cloud computing division....

General Motors Raises 2026 Profit Outlook After Massive Tariff Refund

Key Points: General Motors reported an adjusted first-quarter earnings of $3.70 per share, completely crushing the expected $2.62. The automaker booked a massive $500 million benefit after the Supreme Court declared specific presidential tariffs illegal. Despite the ongoing pullback in electric vehicles, which cost the company $1.1 billion, core operations remained highly profitable. Executives raised the full-year 2026 profit guidance to reach between $13.5 billion...

Memory Stocks Surge as AI Demand Forces Long-Term Supply Deals

Key Points: Micron and SanDisk shares jumped again on Monday as analysts predict strong demand for artificial intelligence memory through the decade. Micron stock climbed 5.6%, pushing its overall market cap near $600 billion, while Sandisk gained 8.1%. Consumers face a 17% increase in personal computer prices this year as basic memory components become scarce. Major technology buyers now sign three to five-year supply contracts...