MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to a third-party delivery model supported by local small businesses, similar to what we had until 2020,
Norway’s $1.8 trillion wealth fund ended 2024 with a tech-heavy top ten, just as the success of the artificial intelligence model developed by Chinese startup DeepSeek raises the specter of a correction in the AI-driven stock rally.
SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter. The startup would be valued at $4 billion,
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi
Goldman Sachs Group Inc. has partnered with Dallas-based real estate firm Dalfen Industrial LLC to purchase nearly $300 million worth of warehouses from Blackstone Inc.
It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year.