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NVIDIA surged 5.8% after CEO Jensen Huang discussed increasing chip production with TSMC, reaffirming strong AI infrastructure demand. The Nasdaq had its best day since May, led by chipmakers and AI-…
Nebius’ AI cloud growth benefits Microsoft’s $17.4B GPU deal, boosting MSFT sentiment. Amazon shows moderate positive outlook amid rising AI infrastructure demand and competition with NBIS.
Rumble will acquire Northern Data in a $767M all-stock deal, obtaining 22,400 Nvidia GPUs. This highlights strong Nvidia demand in AI and crypto sectors backed by a GPU leasing agreement with Tether.
IREN expands AI cloud capacity with 10.9k NVIDIA GPUs, benefiting from its NVIDIA partnership, while transitioning from bitcoin mining to AI infrastructure despite margin pressures and competition.
Alphabet (GOOGL) beat Q3 revenue estimates driven by strong growth in advertising and cloud units. Cloud services revenue rose on AI demand, prompting a raised capex forecast. Competition with Micros…
Microsoft shares dip slightly ahead of earnings, with strong revenue growth expected and a major $250 billion Azure contract restructure with OpenAI, signaling potential cloud and AI expansion.
KT Corporation's strong AI transformation and partnership with Microsoft boost growth prospects despite stock pullback, indicating potential long-term gains amid sector caution.
Alphabet hit a $3.05T market cap after shares rose ~4% as AI optimism, 32% cloud revenue growth, Gemini's App Store success, and a court ruling that avoided a breakup boosted investor confidence.