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Latest in Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending

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  • Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending

    The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.
    Business - The Wall Street Journal - October 31
  • AI demand drives growth and higher spending at Amazon’s cloud business

    AI demand drives growth and higher spending at Amazon’s cloud business

    Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarter
    Business - Financial Times - October 31
  • Uber shares slide on slowing bookings growth

    Uber shares slide on slowing bookings growth

    Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates
    Business - Financial Times - October 31
  • Chinese Car Sales Rise Sharply on Subsidies, Robust Demand

    Chinese Car Sales Rise Sharply on Subsidies, Robust Demand

    The National Day holiday in early October, combined with a rally in Chinese equity markets, may have also supported consumer sentiment.
    Business - The Wall Street Journal - November 8
  • Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings

    Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings

    Peter Thiel’s data analytics company raises its revenue forecast as growth accelerates
    Business - Financial Times - November 4
  • Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

    Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

    Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earnings
    Business - Financial Times - October 31

  • Apple, Meta and Amazon must show the stock market that AI spending is paying off

    Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.
    Business - MarketWatch - October 30

  • Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures

    Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.
    Business - CNBC - 3 days ago

  • Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

    Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.
    Business - CNBC - November 1

  • Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns

    Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment ...
    Business - MarketWatch - November 8
  • Silverstone to upgrade infrastructure as F1’s popularity rises

    Silverstone to upgrade infrastructure as F1’s popularity rises

    Home of British Grand Prix builds new infrastructure with facilities to foster next generation of racers
    Business - Financial Times - October 27

  • ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook

    ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.
    Business - MarketWatch - October 31
  • Apple reports robust demand for iPhone 16 even as overall sales in China slow

    Apple reports robust demand for iPhone 16 even as overall sales in China slow

    Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone. Apple reported strong demand for the iPhone 16 in its quarterly earnings ...
    World - The Guardian - October 31
  • Homeland Security Department releases framework for using AI in critical infrastructure

    Homeland Security Department releases framework for using AI in critical infrastructure

    The Biden administration has released guidelines for using artificial intelligence in the power grid, water system, air travel network and other pieces of critical infrastructure
    Tech - ABC News - November 14
  • Action demanded over surge in illegal meat imports

    Action demanded over surge in illegal meat imports

    The government is warned of a "foot-and-mouth" level crisis over potentially diseased meat flooding into the UK.
    Top stories - BBC News - October 25
  • Britvic Profit Rises on Strong Demand, Brazil Performance

    Britvic Profit Rises on Strong Demand, Brazil Performance

    The U.K. soft-drinks company said the preliminary results were due to strong demand for Pepsi and Tango, as well as improved trading in Brazil.
    Business - The Wall Street Journal - 3 days ago

  • Amazon shares pop on earnings beat, cloud growth

    The company's cloud and advertising units showed strong growth.
    Business - CNBC - October 31

  • Amazon shares jump 6% after earnings beat

    Amazon's latest upbeat results were driven by growth in cloud and digital advertising.
    Business - CNBC - November 1

  • Nvidia nearly doubles revenue on strong AI demand

    Nvidia reported earnings after the bell. Here are the results.
    Business - CNBC - 3 days ago

  • Palantir shares surge on rosy revenue outlook

    Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.
    Business - CNBC - November 4

  • Assisted dying: caution and compromise may end in dissatisfaction

    Politicians who support a law change in principle may still vote against the bill that currently falls short
    World - Financial Times - November 12
  • Workers warned Budget tax rises will hit their wages

    Workers warned Budget tax rises will hit their wages

    Economists say tax rises in the Budget will mean employers have less to give as pay rises.
    Top stories - BBC News - October 31
  • Meta and Microsoft Won’t Stop Spending on AI

    Meta and Microsoft Won’t Stop Spending on AI

    Both tech giants reported strong third quarters but their stocks fell anyway.
    Business - Inc. - October 31

  • Mortgage demand stalls as interest rates surge higher ahead of election

    Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.
    Business - CNBC - October 30

  • Weekly mortgage demand tanks 11% as interest rates surge higher

    Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.
    Business - CNBC - November 6

  • Amazon's satellite spending has investors on edge. The payoff may be worth the wait

    Amazon is pouring money into satellite internet service Project Kuiper. Investors have questions on what it means for profits.
    Business - CNBC - October 28
  • UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

    UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

    Taxes rise as chancellor delivers the first Labour budget since 2010
    Business - Financial Times - October 30

  • Samsung shares rise on ‘desperate’ buyback plan

    First repurchases in seven years are aimed at boosting stock and may help avoid margin call for founding family
    World - Financial Times - 5 days ago
  • Durbin demands House ethics panel share Gaetz report with Senate panel

    Durbin demands House ethics panel share Gaetz report with Senate panel

    Illinois Sen. Dick Durbin (D), chair of the Senate Judiciary Committee, urged the House Ethics Committee to "preserve and share" its report on former Rep. Matt Gaetz after President-elect Trump ...
    Politics - The Hill - November 14

  • Apple sales rise 6%, company seeing early iPhone 16 demand

    Apple reported earnings after the bell. Here are the results.
    Business - CNBC - November 1
  • Adnoc Gas Expects Earnings Boost From Rising Gas Demand

    Adnoc Gas Expects Earnings Boost From Rising Gas Demand

    Adnoc Gas, one of the world’s biggest natural-gas producers, targets a jump in earnings by 2029 as it boosts supply to capitalize on growing demand for gas.
    Business - The Wall Street Journal - November 11

  • Alibaba’s stock turns lower as investments to meet AI demand hurt profitability

    Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.
    Business - MarketWatch - November 15
  • Nvidia’s revenue nearly doubles as AI chip demand remains strong

    Nvidia’s revenue nearly doubles as AI chip demand remains strong

    US chipmaker reassures investors seeking signs of the strength of boom that has made it world’s most valuable company
    Business - Financial Times - 3 days ago
  • Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

    Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

    Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust
    Tech - ABC News - 3 days ago

  • HSBC shares surge on another $3 billion buyback plan and earnings beat

    HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.
    Business - MarketWatch - October 29
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Topics
  • Amazon Shares Rise
  • Shares Rise Robust
  • Rise Robust Demand
  • Robust Demand Surge
  • Demand Surge AI
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