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Earnings Reportsin Financial Markets
Updated 5 hours ago

Mixed earnings results dominate the headlines, with Lowe's and Magic Software posting revenue misses but EPS beats, while Canada Goose surges on strong Q4 performance.

Google, Volvo Cars deepen partnership to develop Android software for vehicles

Investing.comWednesday, May 21, 2025 at 7:17:01 AM
Google, Volvo Cars deepen partnership to develop Android software for vehicles
** Google and Volvo Cars are doubling down on their collaboration to integrate Android software more deeply into Volvo’s vehicles. This means future Volvo cars will likely have smoother, more intuitive infotainment systems—think better maps, voice commands, and app integrations—all powered by Android. It’s a win for tech-savvy drivers who want their cars to feel as connected as their phones.
What This Means: ** Cars are becoming more like smartphones on wheels, and this partnership signals a bigger push toward seamless in-car tech. For Volvo, it’s about staying competitive in an era where drivers expect their vehicles to sync effortlessly with their digital lives. For Google, it’s another step toward embedding its ecosystem everywhere—even on the road. If you hate clunky car interfaces, this is good news.
— Curated via WP Now’s AI editorial system

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Andy Jassy makes the case for Amazon’s extraordinary AI spending, promising shareholders they will end up ‘very happy’
positiveFinancial Markets
Amazon CEO Andy Jassy used the company's annual shareholder meeting to double down on his massive AI investments, assuring investors that the spending spree will pay off in the long run. While the meeting itself was pretty routine, Jassy seized the moment to sell his vision—basically saying, "Trust me, this AI bet will make you very happy."
What This Mean: Big Tech is all-in on AI, and Amazon doesn’t want to get left behind. Jassy’s pitch to shareholders is a reminder that these companies are playing the long game—even if it means burning cash now for uncertain (but potentially huge) rewards later. For anyone tracking the AI arms race, this is another sign Amazon’s going all out.

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