Prime Allied Limited

Amazon (AMZN) will provide third-party merchants with a new logistics service that will manage the delivery of items from manufacturers straight to buyers. The shares of Amazon soared on the announcement on Wednesday.

A rapid increase in profitability has placed AppFolio, a real estate software company, on the radar of investors. AppFolio stock has risen 83% in 2023 and is now ready to become profitable.

NetEase (NTES), one of China's largest online gaming and internet service providers, surpassed profitability projections for the second quarter on Thursday, although revenues fell short.

The 30-year average mortgage rate rose for the third day on Thursday, while the 15-year rate rose to its highest level in four weeks. On the other hand, the 30-year refinancing average fell to conclude a five-day rally.

Apple Inc (AAPL.O) said on Thursday that component shortages are improving and that demand for iPhones remains strong despite customers cutting back on other purchases.

Elon Musk said on Friday that the goal of his new artificial intelligence business, xAI, is to "understand the universe."

Robert Iger, who previously led Disney from 2005 to 2020, made an unforeseen comeback in November of the previous year following the dismissal of his successor, Chapek.

As an iconic American giant, General Electric (GE) is rapidly reaching the end of the runway. GE is getting ready to launch in a new route as GE Aerospace, a pure-play aviation and military company.