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Amazon switch to robots will save it up to $4 billion a year, Morgan Stanley says
Amazon’s robotics ambitions can lead to multibillion-dollar cost cuts for the company, according to Morgan Stanley. Amazon plans to replace 600,000 jobs with robots in the coming years and, ultimately, is working towards its goal of automating 75% of its operations, The New York Times reported on Monday citing several internal strategy documents. The e-commerce…
Fresno State’s Brandon Ramirez rushes for two-yard TD, extending lead over San Jose State
Brandon Ramirez rushed for a two-yard touchdown that extended the Fresno State Buldogs lead to 13-0 over the San Jose State Spartans. <
2025 NASCAR Las Vegas Qualifying: Order for South Point 400
Qualifying takes place Saturday on TruTV. Check out the 2025 NASCAR Las Vegas qualifying order below. Kevin Harvick, Kaitlyn Vincie & Mama Smith preview NASCAR Playoffs Round of 8 Kevin Harvick, Kaitlyn Vincie and Mamba Smith previewed the NASCAR Playoffs Round of 8 and discussed who might make the Championship 4. <
Robinhood and these other stocks are overbought after another record-setting week on Wall Street
A popular technical metric suggests that some of the most high-flying stocks this year — such as Robinhood and Micron Technology — now appear overbought, particularly after this week’s market rally. The three major stock indexes saw strong weekly gains, overcoming fears about the effects of the ongoing U.S. government shutdown. The S & P…
HDFC Bank shares fall 5% as part-time chair of India’s largest private bank resigns over ‘ethics’
The merger between HDFC Bank and HDFC now makes the entity the world’s fourth largest bank. Nurphoto | Nurphoto | Getty Images Shares of India’s HDFC Bank slid 5% Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call on Thursday, interim part‑time chairman,…
'I thought we could win a World Series' 🔥 Ernie Clement on Blue Jays' win over Yankees in ALDS
Ernie Clement spoke with John Smoltz after the Toronto Blue Jays’ win over the New York Yankees in the ALDS. <
Why the crazy spending of this AI boom isn’t like the dot-com bubble
If I hear one more hedge fund oligarch on television tell me that the data center buildout/artificial intelligence story is just like the dot-com bubble, I am going to tear someone else’s hair out because I don’t have enough to demonstrate my full frustration. Many of the people opining and whining about how this moment could…
Cramer says Nvidia selloff is misguided as AI leaders face new doubts
CNBC’s Jim Cramer said Tuesday that investors obsessed with the selloff in Nvidia and other AI companies are approaching the market with the wrong mindset. In his view, owning artificial intelligence stocks requires conviction — and if you don’t have it, there’s a whole world of safer, slower-growth names to choose from. “You either believe…
Indexes hid behind big brothers
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) The key indexes stayed out of danger by hiding behind their big brothers, the Nasdaq giants that embody both defense and aggression in this bull market. Apple ‘s jailbreak rally extended for a…