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The Big 3: AMZN, AAOI, CVX
Youtube· 2026-03-06 18:00
And it's time for the big three. We've got three stocks for you today, three charts. Rick Dat will take us through the charts. Here to take us through the trades, Tim Bowen, chief technical trainer at stockstorade.com. Tim, always great to have you with us on a Friday. We are looking at another sell-off on this Friday though.We've got oil quickly approaching crude at 90 a barrel. We're at highs we haven't seen in two and a half years. You know, what's a big picture thought on the action we've seen this week ...
AI ‘Man Camps’ Offer Golf, Free Steaks to Lure Workers in Texas
Insurance Journal· 2026-03-06 17:00
Companies competing for workers to build data centers are finding that a motel room with sluggish Wi-Fi isn't much of a draw. Try free steaks and golf simulators. As data-center development has exploded with the rise of artificial intelligence, competition for water and power supplies is pushing construction further into rural areas that often lack the housing and infrastructure to support the hundreds or thousands of temporary workers needed to build hulking warehouses of computer servers. That's forcing d ...
Alibaba's AI Just Handled 200 Million Orders — Amazon And OpenAI Are Still Building The Cart
Benzinga· 2026-03-06 16:00
During a two-week Lunar New Year campaign promoting its Qwen AI app, Alibaba said the system handled nearly 200 million orders ranging from groceries and drinks to movie tickets and flights, The Information reported. Morgan Stanley analysts said the push helped drive Qwen's daily active users to 73.5 million, up from about 17 million before the holiday.For an industry still experimenting with AI assistants that can complete real transactions, the scale is striking.The AI Shopping RaceU.S. tech giants are ra ...
US agency to hold self-driving safety forum with CEOs of Waymo, Zoox, Aurora
Reuters· 2026-03-06 14:50
US agency to hold self-driving safety forum with CEOs of Waymo, Zoox, Aurora | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivWaymo driverless taxis in traffic in Los Angeles, California, U.S., January 9, 2026. REUTERS/Mario Anzuoni Purchase Licensing Rights, opens new tab- CompaniesWaymo LLCFollowAlphabet IncFollowAmazon.com IncFollowShow more companiesWASHINGTON, March 6 (Reuters) - The National Highway Traffic Safety Administration ...
Activist investor Causeway Capital raises stake in Wizz Air
Reuters· 2026-03-06 14:49
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Activist investor Causeway Capital raises stake in Wizz Air A Wizz Air aircraft lands at the Ferenc Liszt International Airport in Budapest, Hungary, February 11, 2025. REUTERS/Bernadett Szabo Purchase Licensing Rights, opens new tab March 6 (Reuters) - Causeway Capital Management has increased its stake in Wizz Air (WIZZ.L), opens new tab to 5.04%, a regulatory filing showed on Friday, positi ...
T-Mobile CEO Says No MVNO Plans With Elon Musk's Starlink: 'It's Not Clear To Me...' - Amazon.com (NASDAQ:AMZN), EchoStar (NASDAQ:SATS)
Benzinga· 2026-03-06 10:47
T-Mobile US Inc. (NASDAQ:TMUS) CEO Srini Gopalan has said that there have been no talks of a Mobile Virtual Network Operator (MVNO) partnership with Elon Musk's Starlink satellite internet service.No Plans For MVNO PartnershipWhen asked about a possible MVNO partnership with Starlink at the Morgan Stanley Technology, Media and Telecom Conference, Gopalan said that there were no plans for it, according to a report by Fierce Network on Thursday. "We get into an MVNO when we think there’s an incremental TAM to ...
Why Big AI Is Obsessed With India
Bloomberg Originals· 2026-03-06 09:00
Everyone in the AI world wanted to be here. Particularly if you happened to be the head ofOpen AI, Google,Anthropic, or even France. Because it's here, in India ,where tech giants including Amazon, Google and Microsoft have to invest over $67.5% billion to deepen their AI footprint.And despite some local opposition, that's just for starters. India's tech minister Ashwini Vaishnaw expects more than $200 billion of investments in the AI sector over the next two years. The fact that India has drawn all of thes ...
How Netflix Stock Gained 15.3% Last Month
The Motley Fool· 2026-03-06 03:32
Core Viewpoint - Netflix's stock experienced significant volatility in February 2026, ultimately rising 15.3% despite facing two notable price drops of 9.1% each, concluding the month with a strong 26.6% increase in the last five days [1] Group 1: Financial Performance - Netflix's current market capitalization stands at $417 billion, with a current stock price of $99.17 and a price-to-earnings (P/E) ratio of 39 times earnings, reflecting a substantial decrease from last summer's peak of 62.5x [3][7] - The company reported $9 billion in cash reserves and $13.5 billion in long-term debt at the end of 2025, indicating a cautious financial position [4] Group 2: Strategic Decisions - Netflix canceled its $83 billion bid for Warner Bros. Discovery, avoiding the potential burden of over $70 billion in new debt, which would have significantly increased its financial risk [2][4] - The decision to withdraw from the bidding process was positively received by investors, alleviating concerns over a massive debt load and its associated interest payments [4] Group 3: Competitive Landscape - Despite avoiding the Warner Bros. acquisition, Netflix continues to face intense competition from major players like Disney, Amazon, and Apple, who are aggressively investing in content [6] - The company is exploring alternative growth strategies, including expanding its ad-supported tier, enhancing live events and sports coverage, and developing podcasts and video games as new content categories [6]
Amazon online store suffers outage for some users
CNBC· 2026-03-05 23:02
An Amazon facility on Amazon Prime Day in the Queens borough of New York, US, on Tuesday, July 8, 2025.Amazon's website and shopping app were down for some users on Thursday, leaving consumers unable to check out, access account information or view product prices.Trouble on the site spiked around 2 p.m. ET, with more than 22,000 users reporting issues two hours later, according to Downdetector, a website that tracks outages. "We're sorry that some customers may be experiencing issues while shopping," Amazon ...
Amazon Is Down for Thousands, It's Not Just You
CNET· 2026-03-05 22:48
Amazon/Screenshot by CNETIt's not just you. If you tried to indulge in some retail therapy on Thursday, you may have had trouble accessing Amazon, the mega shopping site. According to DownDetector, which is owned by CNET parent company Ziff Davis, checkout issues were the most-reported problem with 38% of reports, followed by mobile app reports at 18%. Product page errors resulted in 13% of reports.The total number of reports to DownDetector as of Thursday 1:30 pm PT is 159,997.DownDetector reports that n ...