Amazon’s Free Cash Flow Turns Negative by $7.6 Billion as AI Spending Outpaces Cash Generation
Amazon's free cash flow turned negative by $7.6 billion over the past 12 months even as operating cash flow climbed…
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Nvidia set to report fiscal Q2 2027 earnings amid AI demand surge
Nvidia reports fiscal Q2 2027 earnings on August 26 after market close, with analysts projecting revenue near $92 billion, up…
Sinopec’s H1 net profit rises 19.3% despite Middle East supply disruption
China's Sinopec Shanghai Petrochemical posted a 19.3% year-on-year rise in first-half net profit, even as the Strait of Hormuz remained…
Citi Expects Nvidia to Beat Estimates on AI Networking, Blackwell Ramp
Citi expects Nvidia to post stronger-than-anticipated quarterly sales next week, driven by improved shipments of AI networking gear and a…
David Tepper’s Appaloosa Raises Amazon Stake to 16% of Portfolio
David Tepper's Appaloosa Management raised its Amazon stake by 15.8% last quarter, pushing the stock to 16% of the fund's…
