This AI Stock Could Be a Key Winner With Another Decade of Growth
Amazon got hit with a big sell-off following its latest quarterly report, and the stock has significantly underperformed the S&P 500 in recent years. Amazon's massive infrastructure investments could help it be a huge AI winner over the next decade.
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Amazon Eliminates 100 White Collar Jobs In Robotics Team: Report
Amazon has reportedly laid off at least 100 employees in its robotics division as part of a broader push to cut corporate costs and improve efficiency through AI, following earlier layoffs totaling about 30,000 roles and the cancellation of its Blue Jay robotics project.
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Apple Slashes Entry Price With MacBook Neo
Apple unveiled a new laptop Wednesday (March 4) that it said offers the Mac experience at a “breakthrough price” that starts at $599 for consumers and $499 for students. The MacBook Neo features an aluminum enclosure, a 13-inch display, a 1080p camera and up to 16 hours of battery life, the company said in a Wednesday press release.
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Anthropic Nears $20B Run Rate, Apple to Sell $599 Laptop | Bloomberg Tech 3/4/2026
Bloomberg's Caroline Hyde and Ed Ludlow discuss the rebound in tech stocks as investors seek clarity around the war in Iran, five days into the conflict. Plus, Anthropic is on track to generate annual revenue of almost $20 billion, more than doubling in a few months as the company continues to clash with the Pentagon over AI safeguards.
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Amazon's Bahrain data center targeted by Iran for support of U.S. military, state media says
Amazon's Bahrain data center was targeted by Iran for the company's support of "U.S. military and intelligence activities," the Fars News Agency said in a Telegram post. One of Amazon's facilities in Bahrain was damaged and taken offline earlier this week due to nearby drone strikes.
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