Business News

Business

Snowflake Inc. Aims High with $100M AI Revenue Target, Redefining Its Future

Snowflake Inc. targets $100M in annual recurring revenue from generative AI by January, under CEO Sridhar Ramaswamy's leadership, with the upcoming Snowflake Intelligence product s...

Business

Walmart Launches 'Grow with US' Initiative to Empower Small Businesses and Boost US-Made Products

Walmart introduces 'Grow with US' to support small businesses and promote US-made products, offering mentorship and training to entrepreneurs.

Business

Amazon Clarifies No Tariff Labels on Main Site After White House Criticism Sparks Debate

Amazon denies plans to display import tariffs on its main shopping site after White House criticism, clarifying the consideration was only for Amazon Haul. The company's shares dip...

Business

Wells Fargo Unveils Massive $40 Billion Stock Buyback Plan Amid Strategic Growth Investments

Wells Fargo announces a $40 billion stock repurchase program and a $0.40 per share quarterly dividend, emphasizing strategic growth investments and shareholder returns under CEO Ch...

Business

Amazon Reverses Decision: No Tariff Costs on Product Listings Despite Earlier Considerations

Amazon has confirmed it will not display import tariff costs on its product listings, reversing earlier considerations. The decision follows White House criticism and clarifies the...

Business

JetBlue Set to Unveil Major US Airline Partnership in Weeks Following Previous Setbacks

JetBlue Airways is preparing to announce a new partnership with a US airline to expand its network after previous deals were blocked. The partnership, possibly with United Airlines...

Business

Meta Revolutionizes AI Development with Llama API Launch at Inaugural LlamaCon

Meta launched its Llama API at LlamaCon, offering developers streamlined access to its AI models, including Llama 4 Maverick and Llama 3.3 8B, with a commitment to not using user d...

Business

Pfizer CEO Warns: Tariff Uncertainty Hinders US Investment and Growth Opportunities

Pfizer Inc. CEO Albert Bourla discusses how uncertainty over proposed pharmaceutical tariffs by President Trump is limiting the company's investment in the US, despite reporting an...