Volkswagen is in some serious trouble

Here are the top 3 events in the markets today...

GOOD MORNING

Here’s everything you need to know today: There are currently 14,157 publicly traded companies in the United States and over 1000+ articles released about S&P500 companies alone every single day. Today we will be showing you the top 3 events that you need to know today:

Market Performance (1 month)

  1. Dow - 7.39%

  2. S&P 500 - 6.36%

  3. Nasdaq - 7.35%

  4. Bitcoin - 38.53%

Today (Here’s 3 things you need to know)  

  1. Amazon’s AI: From Mag 7 to Magnificent Innovation

1 Year Performance (AMZN): +50.29%

Amazon (AMZN) is proving that its place among the "Mag 7" isn’t just hype, with shares soaring 25.5% year-to-date and over 21% in the past six months.

At the re:Invent conference, AWS flexed its AI muscle, unveiling dazzling projects that blend cutting-edge tech with practical enterprise solutions.

Highlights include the GitLab Duo, an AI-powered DevSecOps platform built with Amazon Q, and a video search tool from startup Twelve Labs that turns video into a searchable goldmine.

GitLab’s interim revenue chief, Ashley Kramer, called their partnership "enterprise-grade acceleration," while PagerDuty (PD) upped the ante with AI-infused automation for its Operations Cloud.

"We’re layering generative AI into digital operations like never before," said PagerDuty CEO Jennifer Tejada. Meanwhile, Twelve Labs delivered a showstopper: a search engine for video data that mimics human vision, spotlighting the 80% of global data hiding in videos.

Not to be outdone, Amazon also revealed Amazon Nova, a suite of AI models tackling everything from text generation to video creation.

With its relentless push into AI, Amazon is not just keeping pace—it’s redefining the race. If the "Mag 7" is a VIP club, Amazon’s AI chops just made it the life of the party.

  1. Volkswagen in some serious trouble

1 Year Performance (VOW3): -24.51%

Volkswagen’s CEO Oliver Blume put the pedal to the metal in his latest staff speech, warning that urgent measures are needed to avoid a crash in the face of sky-high labor costs, rising competition, and shrinking European car sales.

While the company has been cruising along with better design and quality improvements, Blume made it clear that without cutting labor costs and reducing capacity, the future of Volkswagen might be in the rearview mirror.

His comments come just days after a 90,000-strong walkout from workers who aren't thrilled about pay cuts, factory closures, and the threat of mass layoffs.

As Volkswagen gears up to put the brakes on its German operations, the company is hoping to trim a 10% pay cut from workers' pockets, while shutting down at least three factories.

Blume’s message? If Volkswagen doesn’t hit the financial accelerator fast, the company could get left in the dust by competitors.

  1. Marvell up 21% after Amazon partnerships

1 Year Performance (MRVL): +128%

1 Year Performance (AMZN): +50.29%

Marvell Technology’s stock is on fire, surging 21% after the company detailed its groundbreaking partnership with Amazon AWS.

The multi-generation deal with Amazon has analysts buzzing, with Mizuho’s Jordan Klein calling Marvell the "next AI winner." CEO Matt Murphy outlined how this partnership positions Marvell to provide custom-designed AI chips, elevating its role in Amazon's hyperscale data centers.

Analysts are now raising revenue estimates, with Wolfe Research boosting Marvell's 2026 data-center revenue target to $3.4 billion, up from the previous $2.5 billion, thanks to the AI-driven momentum.

The excitement is palpable as Marvell’s custom silicon business takes center stage in the evolving data-center market, expected to reach $50 billion over the next five years. The AWS deal is likely to significantly boost Marvell’s AI revenue, surpassing previous forecasts. With its deepened relationship with Amazon, along with its position alongside Broadcom as one of the major players in the custom-integrated circuit market, Marvell is poised for sustained growth and has Wall Street convinced it’s a stock to watch.

Market Memes Of The Day

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