Amazon.com Inc. and Meta Platforms Inc. have struck a multibillion-dollar deal for the social-media giant to rent hundreds of thousands of Amazon’s general-purpose chips for its AI efforts.

Amazon (NASDAQ: AMZN) and Meta (NASDAQ: META) both recently dropped Q1 2026 results, and the earnings reports could not have framed two more different empires. Amazon is becoming the picks-and-shovels landlord of the AI era.

PhonePe and Google Pay command 80% of India's UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.

Google, Amazon, Microsoft, and Meta collectively plan to spend $725 billion on capex in 2026, up 77% from last year's record $410 billion.

SINGAPORE] The first four months of 2026 were marked by a significant wave of layoffs across the global corporate landscape. Companies are increasingly pivoting away from pandemic-era expansion towards lean,

Futures rose with Google, Amazon and Caterpillar big earnings winners, though Meta tumbled. Oil prices reversed lower from overnight gains.

Live Updates Follow Our Live Video Analysis of Tonight's Earnings Pinned 1 hour ago Live Want to watch our team break down earnings from Alphabet, Amazon, Meta Platforms, Microsoft (and more) tonight?

A powerful AI-driven shift toward CPU-centric infrastructure, validated by the Amazon-Meta deal, is rapidly reshaping the investment case for Intel.