Amazon Stock Nears $3 Trillion As Logistics Push Takes Aim At UPS And FedEx

Amazon shares ticked up in early premarket action Wednesday, quoted at $274.52—just enough to nudge the company closer to that $3 trillion valuation mark following a fourth straight record close. The stock was up 0.35% from Tuesday’s finish at $273.55, landing Amazon’s market cap near $2.97 trillion. A fresh push into logistics has been stirring things up for parcel giants UPS and FedEx.

U.S. Stock Futures Today: Nasdaq Leads as AMD’s AI Beat and Iran Deal Hopes Put Records Back in Play

U.S. Stock Futures Today: Nasdaq Leads as AMD’s AI Beat and Iran Deal Hopes Put Records Back in Play

Nasdaq 100 futures climbed 0.69% as of 3:40 a.m. ET—quotes on a 10-minute delay—pacing gains among U.S. stock futures after AMD’s outlook kept AI in focus. S&P 500 futures picked up 0.28%, with Dow futures edging higher by 0.16%. Oil prices slipped, traders watching for any signs of a U.S.-Iran agreement. These futures moves come ahead of the opening bell, suggesting where the indexes could kick off the session.
Cloudflare Stock Jumps Before Earnings as Forrester Edge Win Puts AI Bet on Trial

Cloudflare Stock Jumps Before Earnings as Forrester Edge Win Puts AI Bet on Trial

Cloudflare, Inc. shares advanced Tuesday, with the stock catching a lift after the internet infrastructure company announced it had been named a leader in edge development platforms by Forrester. That nod arrives just two days before Cloudflare’s next earnings report and appears to have encouraged fresh buying interest. Edge development platforms push code execution closer to users and data, which can trim latency for apps, websites, and AI services.
POET Technologies Stock Jumps 30% as Marvell Order Fallout Becomes a Legal Test

POET Technologies Stock Jumps 30% as Marvell Order Fallout Becomes a Legal Test

Shares of POET Technologies Inc. surged roughly 30% by late morning on the Nasdaq Tuesday, as the Canadian photonics firm drew attention again. Fresh shareholder alerts continued to push a securities lawsuit tied to its Marvell order disclosures, but that didn’t stop the rally. At 11:56 a.m. EDT, the stock was changing hands at $9.25, well above its $7.19 open and on volume topping 60 million shares.
Netflix’s $25 Billion Buyback Looks Big. Microsoft’s $190 Billion AI Capex Bill Looks Bigger

Netflix’s $25 Billion Buyback Looks Big. Microsoft’s $190 Billion AI Capex Bill Looks Bigger

Netflix’s bigger share buyback is drawing attention to how companies are handling their cash, with investors now sizing up buybacks like Netflix’s against Microsoft’s much heftier $190 billion commitment for AI and cloud infrastructure this year. After recent dips in their stocks, Netflix, PulteGroup, and Mobileye are all doubling down on repurchases. Microsoft, meanwhile, is turning to shareholders, seeking support for yet another ramp-up in capital spending.
Pinterest Stock Jumps After AI Ad Tools Lift Revenue Forecast Above Wall Street

Pinterest Stock Jumps After AI Ad Tools Lift Revenue Forecast Above Wall Street

Pinterest Inc projected second-quarter revenue that beat Wall Street’s expectations, lifting shares in after-hours trading and putting the spotlight back on its ability to translate rapid user gains into consistent ad dollars. The guidance followed a first quarter where the company pulled in over $1 billion in revenue and hit a new high with 631 million monthly active users worldwide.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

View full calendar
Times and estimates may change. Verify before trading.