Appian CEO on Big Tech AI strategy, competition concerns, regulation

Appian CEO on Big Tech AI strategy, competition concerns, regulation

Just_super | E+ | Getty Images Big technology companies are consuming as much data as possible to become winners in artificial intelligence — but that’s not necessarily what will define winners, according to the boss of software giant Appian. Matt Calkins, CEO and co-founder of Appian, said that though internet giants like Microsoft, Amazon, and … Read more

Reddit (RDDT) Q1 2024 earnings

Reddit (RDDT) Q1 2024 earnings

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024.  Timothy A. Clary | AFP | Getty Images Reddit shares rallied in extended trading on Tuesday after the company released quarterly results for the first time since its IPO in … Read more

What we know about the consumer so far

What we know about the consumer so far

A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas.  Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next week. There are signs that … Read more

Amazon’s AWS to invest nearly $9 billion in Singapore

Amazon’s AWS to invest nearly  billion in Singapore

BARCELONA, SPAIN – JANUARY 31: A logo sits illuminated outside the Amazon Web Services (AWS) booth at ISE 2023 and IOT Solution World Congress at Fira Barcelona on January 31, 2023 in Barcelona, Spain. Integrated Systems Europe (ISE) is the largest Audio Visual systems integration show in the world, with 850 exhibitors and is organised … Read more

AI could drive natural gas boom as utilities face surging electric demand

AI could drive natural gas boom as utilities face surging electric demand

A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022.  Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle … Read more

Earnings drive the market next week — our hopes for 2 portfolio stocks

Earnings drive the market next week — our hopes for 2 portfolio stocks

Is the stock market rally here to stay after April’s terrible month? With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. The main economic update came Friday in the form of a weaker-than-expected April nonfarm payrolls growth. With the … Read more

AI engineers face burnout as ‘rat race’ to stay competitive hits tech

AI engineers face burnout as ‘rat race’ to stay competitive hits tech

A picture shows logos of the big technology companies named GAFAM, for Google, Apple, Facebook, Amazon and Microsoft, in Mulhouse, France, on June 2, 2023. Sebastien Bozon | AFP | Getty Images Late last year, an artificial intelligence engineer at Amazon was wrapping up the work week and getting ready to spend time with some … Read more

Senator takes aim at Amazon’s labor practices with federal quota bill

Senator takes aim at Amazon’s labor practices with federal quota bill

Democratic Sen. Ed Markey, D-Mass., on Thursday introduced new legislation to regulate the use of productivity quotas by warehouse employers like Amazon, a tool critics have said encourages employees to work faster and without frequent breaks, putting them at higher risk of injury. The bill, called the Warehouse Worker Protection Act, is the first attempt … Read more

Jim Cramer’s top 10 things to watch in the stock market Thursday

Jim Cramer’s top 10 things to watch in the stock market Thursday

My top 10 things to watch Thursday, May 2 The S & P 500 and Nasdaq are higher Thursday, one day after they surrendered their post-Federal Reserve meeting gains and closed modestly lower. After leaving interest rates unchanged, Fed chief Jerome Powell essentially ruled out a hike as central bankers’ next move. He said that … Read more

Amazon CEO Andy Jassy broke federal labor law with anti-union remarks

Amazon CEO Andy Jassy broke federal labor law with anti-union remarks

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy violated federal labor law in comments he made to media outlets about unionization efforts at the company, a National Labor Relations Board judge ruled Wednesday. NLRB Administrative Law Judge Brian … Read more