Oracle stock drops 11% after missing revenue targets despite massive AI investments. Cloud sales lag expectations while capital spending jumps to $50B, raising investor concerns about AI profitability timeline.
Adobe surpasses Q4 estimates with $6.19B revenue and projects FY2026 revenue up to $26.1B, driven by strong AI tool adoption and double-digit ARR growth targets.
Amazon's Same-Day Delivery service now offers fresh groceries in over 2,300 U.S. cities, challenging Instacart and Walmart+ with fast, temperature-controlled delivery for Prime members.
Instacart accused of charging customers different prices for identical items through AI pricing experiments. Report finds price gaps up to 23%, potentially costing families $1,200 yearly.
Chewy beats earnings and revenue expectations in Q3, with growing profits, active customers, and expanding market share.
Momentus selected for $151B SHIELD defense contract to support missile tracking and space-based defense through its Vigoride satellite technology.
