Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon has unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-powered automation is advancing as companies continue to slash their corporate workforce in AI-driven efficiencies. The tech giant’s next-generation Proteus is an … Read more
Chipmaker Broadcom declined to boost revenue guidance on Wednesday despite delivering robust quarterly results, triggering a 15% drop in its share price in premarket trading on Thursday. The disappointment spilled over into other semiconductors, with Micron , AMD , SanDisk and Intel all down in morning trading. The big question for investors is whether this … Read more
U.S. President Donald Trump speaks during an event in the Oval Office of the White House on June 3, 2026 in Washington, DC. Kevin Dietsch | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to the latest edition of the Daily Open newsletter. Traders in Asia are evaluating another round … Read more
A group of Amazon engineers appeared at Seattle City Council hearings on Wednesday to throw their support behind efforts to regulate the development of giant AI data centers in the area, which are getting constructed while their employer is engaged in mass layoffs. “It’s been reported that this year, Amazon is spending $200 billion dollars … Read more
Nvidia’s massive dividend boost could lay the groundwork for other big tech companies to follow suit. The chipmaker has seen “parabolic” demand for its artificial intelligence chips in data centers and recently said it will expand into chips for personal computers — which will ” reinvent the PC ,” according to CEO Jensen Huang. That … Read more
Traders work at the New York Stock Exchange on May 28, 2026. NYSE Assets in leveraged ETF nearly doubled over two months, as investors scrambled for maximum exposure to the artificial intelligence trend. “Investors increasingly use leveraged instruments linked to the ‘AI-trade’ – assets in leveraged ETFs linked to AI and Tech themes have surged, … Read more
Alphabet announced an $80 billion equity offering on Monday to fund its artificial intelligence buildout, and Wall Street is nervous that it could start a trend. After swelling over the past few years, analysts expect free cash flows at the hyperscalers to head downwards. As demand for artificial intelligence increases and spending plans keep getting … Read more
JPMorgan updated its list of top ideas from its own analysts for the month of June. May ended on a strong note with U.S. stocks closing at a record high , led by technology companies. All three major indexes — the S & P 500 , Nasdaq Composite and the Dow Jones Industrial Average — … Read more
Anthropic co-founder and CEO Dario Amodei speaks on an artificial intelligence panel during Inbound 2025 Powered by HubSpot at Moscone Center on in San Francisco, Sept. 4, 2025. Chance Yeh | Getty Images Entertainment | Getty Images Hello, this is Katie Foley writing to you from London. Welcome to today’s edition of the Daily Open … Read more
IBM has taken a massive leap into the quantum computing market, and investors could reap the rewards of its investment into the futuristic technology, according to Barclays. The bank initiated coverage of the original technology stock name with an overweight rating, giving it s 12-month price target of $350, implying 18% upside from Friday’s close. IBM … Read more