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Amazon ditches Rufus chatbot, launches Alexa shopping agent in AI strategy pivot

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Amazon introduced Alexa for Shopping, an e-commerce bot that can answer queries and take actions on behalf of users

Nvidia's Jensen Huang bets on this British startup to build 'next frontier' of AI

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Months-old Ineffable Intelligence announced a record $1.1 billion seed round in April.

Trump arrives in Beijing with CEOs ahead of Xi meetings

The president landed in the Chinese capital for a highly anticipated summit with Xi Jinping.

Hyperscalers' AI buildout will require massive amounts of energy. Two under-the-radar stocks will benefit

The magnitude of the A.I. capital spending boom is historic and the dollar values are staggering.

Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022

The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.

Here are Wednesday's biggest analyst calls: Nvidia, Apple, Micron, Amazon, AMD, Johnson & Johnson & more

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Here are the biggest calls on Wall Street on Wednesday.

Inflation jumps, Altman's testimony, Huang joins Trump's China visit and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace"

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The IEA's oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.

Walmart cuts 1,000 roles to simplify operations, Reuters reports

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Under new CEO John Furner ​and a ​reshaped leadership team, the ​retailer is doubling down on a tech-focused strategy.

Orion Q1 Earnings Call Highlights

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Cabot Boosting Production In Lithium Battery Chain For EV MarketOrion (NYSE:OEC) raised its full-year earnings outlook after reporting first-quarter adjusted EBITDA that exceeded internal expectations, as management cited stronger demand late in the quarter and ongoing benefits f