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Nvidia stock rises after Amazon expands AI spending and Korean partnerships
Invezz· 2025-10-31 13:52
Core Insights - Nvidia shares experienced an increase in trading due to significant investments in artificial intelligence from Amazon.com and new partnerships with major South Korean companies [1] Group 1: Company Developments - Amazon.com has initiated a new wave of investments in artificial intelligence, positively impacting Nvidia's stock performance [1] - Nvidia has secured multiple new deals with prominent South Korean companies, further enhancing its market position [1] Group 2: Market Reaction - The combination of Amazon's investments and the new partnerships has led to a notable rise in Nvidia's share price during trading on Friday [1]
US stocks surge at open: Nasdap climbs up 1.5%, Amazon rockets 12%
Invezz· 2025-10-31 13:50
US stocks advanced Friday, lifted by strong earnings from major technology companies Amazon and Apple. The S&P 500 rose 0.7%, the Nasdaq Composite gained 1.5%, and the Dow Jones Industrial Average add... ...
Reddit stock price forecast after its strong earnings: can it hit $280?
Invezz· 2025-10-31 13:15
The Reddit stock price popped by over 10% in the extended hours after the company published strong financial results and boosted its forward estimates. It jumped to a high of $2[4, up by 175% from its... ...
Apple stock rises as iPhone 17 sales drive record holiday forecast, analysts upbeat
Invezz· 2025-10-31 12:42
Core Viewpoint - Apple shares increased nearly 2% in premarket trading following the company's forecast of record sales for the upcoming holiday quarter, attributed to strong demand for the new iPhone 17 lineup despite supply constraints [1] Group 1 - The company anticipates record sales for the holiday quarter, indicating strong consumer interest and market performance [1] - Demand for the new iPhone 17 lineup is robust, suggesting a positive reception and potential for increased market share [1] - Supply constraints are noted, which may impact the overall availability of products but have not deterred consumer interest [1]
Colgate-Palmolive posts higher Q3 sales as pricing gains offset volume decline
Invezz· 2025-10-31 12:24
Core Insights - Colgate-Palmolive Co. reported a slight increase in third-quarter sales, driven by higher pricing that compensated for a decline in product volumes [1] Sales Performance - The company experienced a rise in sales due to increased pricing strategies, which helped mitigate the impact of reduced product volumes [1] Product Volumes - There was a noted drop in product volumes, indicating potential challenges in demand or market competition [1]
Exxon and Chevron profits dip as oil prices slide
Invezz· 2025-10-31 11:53
Exxon Mobil and Chevron, two of the world's largest oil producers, reported weaker third-quarter results on Friday as lower crude prices and rising expenses dented profitability. Despite the downturn,... ...
Audi trims profit forecast again amid tariffs and costly EV transition
Invezz· 2025-10-31 10:49
Core Insights - Volkswagen's premium brand Audi has lowered its full-year profitability guidance for the second time this year due to challenges from US import tariffs and costs associated with its electric vehicle (EV) transition [1] Group 1: Financial Performance - Audi's profitability guidance has been revised downwards, indicating a negative impact on financial performance for the year [1] Group 2: Market Challenges - The company is facing increased costs related to US import tariffs, which are affecting its overall profitability [1] - The transition to electric vehicles is also contributing to rising costs, further straining Audi's financial outlook [1]
Netflix exploring potential bid for Warner Bros Discovery? Here's what we know
Invezz· 2025-10-31 10:00
Core Insights - Netflix is considering a bid for Warner Bros Discovery's studio and streaming assets, indicating a potential major consolidation in the entertainment industry [1] Group 1 - The move could represent one of the most significant consolidation efforts in the entertainment sector in recent years [1]
It's culture, not costs or AI: Amazon CEO Andy Jassy justifies 14,000 layoffs
Invezz· 2025-10-31 07:46
Core Insights - Amazon's CEO Andy Jassy provided a surprising rationale for the company's decision to lay off 14,000 employees, indicating that the layoffs were not primarily motivated by financial pressures [1] Group 1: Layoff Justification - The layoffs are part of a broader strategy rather than a direct response to financial difficulties [1] - Jassy emphasized that the decision was made to streamline operations and focus on long-term goals [1] Group 2: Company Strategy - The company is looking to enhance efficiency and productivity through these workforce reductions [1] - This move reflects Amazon's ongoing adjustments in response to changing market conditions and operational needs [1]
FTSE Index shares to watch next week: BT, BP, IAG, AstraZeneca, Marks & Spencer
Invezz· 2025-10-31 05:19
Core Insights - The FTSE 100 Index is experiencing a strong bull run this year, currently trading at a record high of £9,760 [1] - The index has increased by 30% from its lowest point this year [1]