Amazon’s stock rides booming cloud growth toward best day in 11 years
AWS “finally saw the long-awaited growth inflection,” an analyst noted.
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Plug Power Wins a 50-Megawatt Order in Australia. Here’s What It Means for the Hydrogen Stock.
Earlier this month, Plug Power (PLUG +0.93%) investors received some great news: The company’s 50-megawatt (MW) hydrogen electrolyzer project in Australia is expected to move into the execution phase. This essentially clears the way for Plug Power to deliver on its end of the bargain and book the related revenue. While Plug Power has completed…
Anthropic’s Claude Opus 5 AI model rivals Fable 5 and is cheaper
Anthropic on Friday announced its latest artificial intelligence model, Claude Opus 5, which it said is its best-performing and most cost-effective offering across a number of industry benchmarks. Opus 5 outperforms the last model that Anthropic released, Claude Fable 5, on coding and knowledge work evaluations, and the company said it’s “designed to be used…
EY hit with proposed class action over data breach
Dive Brief: Ernst & Young is facing a proposed class action lawsuit alleging the Big Four accounting firm failed to protect sensitive data, including financial and tax information, exposed in a cybersecurity incident earlier this year. The lawsuit, filed Monday in the U.S. District Court for the Southern District of New York, asserts that affected…
OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off
Is your AI paying off? Today, OpenAI CFO Sarah Friar published the scorecard she uses for telling whether you are actually getting economic value from AI spend. For years, software success was measured through adoption—seats, active users, and renewals, Friar notes. She argues that AI is different: it must be measured by the work it…
Retail sales edge up, restrained by falling gasoline prices
Dive Brief: Retail sales edged up 0.2% last month after a 1% gain in May, the Census Bureau reported Thursday, as the declining price of gasoline veiled healthy consumer spending at auto, electronics and other retailers. Census Bureau data show that sales at retailers in June notched the fifth straight monthly increase even as spending…
Jensen Huang’s jacket sold at Sotheby’s for almost $1M—and the money is going to young tech builders
Many tech executives have their signature look, like Meta CEO Mark Zuckerberg’s t-shirts and hoodies, and Apple cofounder Steve Jobs’ turtleneck, and Huang, the Nvidia CEO’s, happens to be very expensive leather jackets. He’s nearly always seen in them, and many of the leather jackets in his wardrobe cost several thousand dollars a pop. But…
