Amazon.com (AMZN)
254.03
+9.81 (4.02%)
NASDAQ · Last Trade: Nov 3rd, 4:19 PM EST
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN)
jumped 4.9% in the afternoon session after the company announced a landmark $38 billion, multi-year cloud services agreement with OpenAI, the creator of ChatGPT. The seven-year strategic partnership provided OpenAI with access to Amazon Web Services (AWS) infrastructure, including hundreds of thousands of Nvidia graphics processing units to run and scale its artificial intelligence workloads. This marked OpenAI's first major cloud collaboration outside of Microsoft and was seen as a significant win for Amazon's cloud division. The news came on the heels of a strong third-quarter financial report, where AWS had already shown impressive growth with sales up 20% year-over-year to $33 billion. The combination of the new, massive contract and recent strong performance fueled investor optimism, adding nearly $140 billion to Amazon's market value.
Via StockStory · November 3, 2025
Missing earnings usually means falling stock prices, right? Not when you announce a massive Amazon deal on the same day.
Via The Motley Fool · November 3, 2025
As November 2025 unfolds, the Federal Reserve finds itself at a critical juncture, marked by significant internal divisions over the current economic stance and the appropriate path for monetary policy. This divergence was starkly highlighted by the Federal Open Market Committee's (FOMC) recent decision to cut interest rates to the
Via MarketMinute · November 3, 2025
Washington D.C. – November 3, 2025 – Federal Reserve Governor Lisa Cook has recently articulated a significant shift in her economic outlook, signaling that the risks to the U.S. labor market now outweigh the upside risks of inflation. This perspective, coming amidst a period of economic uncertainty and a "modestly
Via MarketMinute · November 3, 2025
Uncover the latest developments among S&P500 stocks in today's session. Stay tuned to the S&P500 index's top gainers and losers on Monday.
Via Chartmill · November 3, 2025
The fact that OpenAI needed $660 billion across five cloud providers to avoid vendor lock-in tells you everything about NVIDIA’s pricing power problem
Via Benzinga · November 3, 2025
Amazon's $38B OpenAI deal turns AWS into the new AI infrastructure king. Here's how ETFs like QQQ, CLOU and CHAT stand to gain.
Via Benzinga · November 3, 2025
Amazon popped after its latest earnings report.
Via The Motley Fool · November 3, 2025
It could take decades for quantum computing technology to break into the mainstream.
Via The Motley Fool · November 3, 2025
Stock splits don't directly affect a company's value, but they can influence investor psychology.
Via The Motley Fool · November 3, 2025
November 3, 2025 – The U.S. stock markets are experiencing a significant surge today, with both the S&P 500 and Nasdaq Composite pushing towards new highs. This bullish sentiment is largely fueled by two monumental corporate announcements: a strategic $38 billion partnership between Amazon Web Services (AWS) and OpenAI,
Via MarketMinute · November 3, 2025
The financial world is gripped by a fervent debate: is the current stock market, particularly its high-flying technology sector, hurtling towards a 'classic price bubble'? Driven by unprecedented enthusiasm for artificial intelligence (AI), expert opinions are sharply divided, with some analysts sounding urgent alarms reminiscent of past speculative manias, while
Via MarketMinute · November 3, 2025
As November 3, 2025 dawns, the global stock market continues its relentless, AI-fueled ascent, with major indices like the S&P 500 and Nasdaq Composite achieving significant new highs. This rally is overwhelmingly concentrated in a handful of technology giants, affectionately dubbed the "Magnificent Seven," alongside other AI-centric firms, collectively
Via MarketMinute · November 3, 2025
The financial world is in the midst of a profound transformation, driven by the relentless expansion of Artificial Intelligence. From sophisticated algorithms executing trades in milliseconds to generative AI crafting personalized investment advice, AI is not merely enhancing existing financial practices but fundamentally reshaping market dynamics and investment strategies. This rapid evolution, fueled by an [...]
Via TokenRing AI · November 3, 2025
As of November 2025, the artificial intelligence landscape continues to captivate investors with its monumental growth prospects and transformative potential. While market exuberance has led to some valuation concerns and debates about speculative financing, the underlying conviction in AI's long-term impact remains robust. Trillions of dollars are being channeled into AI development and infrastructure, signaling [...]
Via TokenRing AI · November 3, 2025
As of November 2025, the global financial landscape is marked by a profound divergence in stock market performance, largely orchestrated by the accelerating influence of Artificial Intelligence (AI) deals and investments. While a select cohort of tech giants and their respective markets are soaring to unprecedented heights, propelled by an
Via MarketMinute · November 3, 2025
When Cipher Mining Inc. (NASDAQ:CIFR) CEO Tyler Page talks about the company's transformation from Bitcoin (CRYPTO: BTC)-miner to AI-infrastructure landlord, he doesn't mince words.
Via Benzinga · November 3, 2025
November 3, 2025 – The financial markets are currently witnessing a stark divergence in performance, largely driven by a cascade of multi-billion dollar cloud computing deals. These strategic alliances, primarily fueled by the insatiable demand for Artificial Intelligence (AI) infrastructure, are sending the Nasdaq Composite soaring to unprecedented levels. In stark
Via MarketMinute · November 3, 2025
Curious about the most active S&P500 stocks in today's session? Join us as we explore the US markets on Monday and uncover the stocks that are leading the way in terms of trading volume and market attention.
Via Chartmill · November 3, 2025
The legal landscape is undergoing a profound transformation, with an unprecedented surge in demand for professionals specializing in artificial intelligence (AI) and technology policy. As AI rapidly integrates into every facet of industry and society, a complex web of regulatory challenges is emerging, creating a critical need for legal minds who can navigate this evolving [...]
Via TokenRing AI · November 3, 2025
November 3, 2025, marks a pivotal day in the financial markets, witnessing two seismic corporate announcements that promise to redefine their respective industries. Amazon.com Inc. (NASDAQ: AMZN) has seen its stock surge following a monumental $38 billion cloud services deal with OpenAI, solidifying its position in the fiercely competitive
Via MarketMinute · November 3, 2025
The global quest for sustainable food sources and efficient resource management is driving an unprecedented wave of technological innovation across the fisheries and aquaculture sectors. From AI-powered monitoring systems to advanced recirculating aquaculture systems, these advancements are reshaping how we interact with marine ecosystems and cultivate aquatic life. This transformative period was recently underscored at [...]
Via TokenRing AI · November 3, 2025
New Delhi, India – November 3, 2025 – In a landmark move signaling deep confidence in India's burgeoning digital economy, Dutch technology investment giant Prosus (AMS: PRX) has made its inaugural investment in a publicly listed Indian company, injecting a substantial ₹1,295.56 crore (approximately $146 million) into online travel agency Ixigo (NSE: IXIGO). The initial [...]
Via TokenRing AI · November 3, 2025
The past 12 to 18 months have witnessed an unprecedented surge in Artificial Intelligence (AI) related deals, fundamentally reshaping the technology landscape and sending ripples across the Nasdaq and the broader financial markets. From colossal acquisitions and strategic partnerships to record-breaking funding rounds for burgeoning AI startups, capital has poured
Via MarketMinute · November 3, 2025
In a landmark move poised to reshape the landscape of artificial intelligence infrastructure, Microsoft (NASDAQ: MSFT) has inked a colossal five-year, $9.7 billion cloud services agreement with Australian AI infrastructure provider IREN (NASDAQ: IREN). This strategic alliance is explicitly designed to secure access to NVIDIA's (NASDAQ: NVDA) advanced GB300 AI processors, directly addressing the escalating [...]
Via TokenRing AI · November 3, 2025