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Business

Andy Jassy has great news for Amazon stock investors

For years, Amazon has asked Wall Street to be patient. The spending is heavy, the timeline is long, and the payoff is coming. Trust the process. Andy Jassy‘s annual shareholder letter, published April 9, reads differently. This time, he is not asking for patience. He is showing receipts. In the letter, Jassy put hard numbers

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Business

Volkswagen makes harsh decision to end EV production in U.S.

Volkswagen is pulling the plug on its only American-made electric vehicle. The decision is blunt, and the numbers behind it are hard to deny. The company confirmed it will end production of the ID.4 electric crossover at its Chattanooga, Tennessee, plant in mid-April 2026. The plant will pivot to making the gas-powered Atlas and Atlas

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Business

There is a new luxury sleeper train option for a cross-Australia trip

With a land mass of nearly three million square miles or 7.7 million square kilometers, Australia is the sixth largest country in the world and has a wide array of rail options for those who want to experience its nature and classic red-earth landscapes that are easy to miss for those whose trip ends at

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Business

Amazon stock jumps after Jassy gives investors harder AI numbers

Amazon (AMZN) got a strong lift after Andy Jassy used his annual shareholder letter to give investors something they had been asking for: harder numbers around AI demand and Amazon’s custom chip business. In the letter, Jassy said AWS’s AI revenue run rate is now above $15 billion and wrote that Amazon has “never seen

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Business

Silver just had a positive week, and here’s what comes next

Silver does not move quietly. When it moves, it tends to say something. This week, it said quite a lot. Silver surged over 5% to $76.70 per ounce on April 8, its highest level since March 18, after the U.S. and Iran agreed to a two-week ceasefire, according to Trading Economics. The ceasefire eased fears

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Business

Something just changed with Palantir stock, and investors noticed

Palantir has been one of the most debated stocks in the market for years. Right now, it is giving investors a new reason to have that debate all over again. Palantir Technologies (PLTR) closed at $130.49 on April 9, down 7.30% on the day. The stock is now down roughly 22% since the start of

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Business

Federal reserve reveals troubling reality about wealthy Americans

The numbers from the Federal Reserve are striking. America’s wealthiest households are not just doing well. They are pulling further ahead at a pace that has no historical precedent. The top 1% of U.S. households held 31.7% of all household wealth in the third quarter of 2025, the highest share recorded since the Federal Reserve

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Business

Bank of America sends frank message on next Fed rate cut

The market has been drifting toward a more hawkish view of the Federal Reserve. Bank of America is pushing back. BofA is maintaining its forecast for two Fed rate cuts in 2026, telling clients the central bank will ultimately look past supply-driven inflation, weak wage pressure, and political dynamics rather than hold rates higher for

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Business

Analysts offer hot take on gold price surge

Gold is rising for the eighth time in nine sessions. Analysts say the move is telling investors something important about the broader market environment. Spot gold prices are trading near $4,771 per ounce, after hitting a near three-week high this week, putting gold on track for a third consecutive weekly gain, Bloomberg reported. What is

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Business

Goldman Sachs drops a bombshell on software stocks

Software stocks just recorded the worst relative performance against the S&P 500 in the sector’s entire recorded history. The iShares Expanded Tech-Software Sector ETF (IGV) cratered more than 24% in Q1 2026, its steepest quarterly plunge since Q4 2008. Salesforce, Adobe, Oracle, and even Microsoft are deep in correction territory right now. The fear gripping

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