just give me the the headline of your story. >> So, the headline of the story is that Amazon is essentially no longer the only game in town in cloud computing. They've got real credible rivals, you know, down to Oracle and Google.You know, 5 years or so ago, it was only Microsoft that was knocking on the door. And now you add on all this AI workloads and that's not a business that AI that Amazon rather seemed to be leading in. >> Just for context though, how successful does it remain.How much market share d ...

Macro Overview - Global markets closed the week with cautious optimism due to softer U.S. inflation data, reviving hopes for synchronized easing among major central banks [1] - Outside the U.S., the economic picture is mixed, with Europe showing tentative momentum, Japan poised for reflation, and China facing domestic softness [1][2] United States - The U.S. economy remains the gravitational center of global finance, with the latest CPI data showing inflation cooling to 3.0%, bolstering expectations for another Fed rate cut [3] - The S&P 500 and Nasdaq reached new record highs, driven by the technology and energy sectors [3] - U.S. consumer behavior remains strong, supported by robust service-sector PMIs and steady employment, despite policy uncertainty [4] - The fiscal trajectory of the U.S. remains a long-term concern, but near-term resilience highlights the adaptability of the economy [5] Europe - The eurozone reported its strongest PMI print since mid-2024, indicating a potential easing of manufacturing drag, with Germany's rebound supporting the bloc [6] - France is an outlier, facing political friction and sluggish domestic demand, while the ECB is expected to maintain its current stance this quarter [6] United Kingdom - Inflation in the UK held steady at 3.8% for a third month, with retail sales unexpectedly rising by 0.5%, reflecting consumer resilience amid declining real wages [7] - Markets anticipate a dovish pivot from the Bank of England by December, which may aid the recovery of sterling-denominated assets [7] Japan - Japanese equities surged due to optimism surrounding the new Prime Minister's pro-growth agenda, with the yen's decline aiding exporters [8] - Inflation remains near 3%, putting pressure on the Bank of Japan to consider a rate hike, likely in early 2026 [8] China - China's Q3 GDP growth of 4.8% masks underlying weaknesses, with retail sales slowing to 3.0% YoY and fixed-asset investment contracting [9] - Industrial production rose by 6.5% due to export strength, but the housing downturn and deflation risk cloud the outlook [9] Emerging Markets - Hungary and Türkiye illustrate divergent trajectories, with Hungary maintaining firm rates to anchor inflation while Türkiye eases despite rising prices [10] - Latin America remains stable, supported by strong terms of trade and disciplined fiscal policies, while EM Asia's central banks prioritize currency stability over growth stimulus [10] Commodities & FX - Oil prices spiked due to renewed geopolitical risks, while gold paused after a nine-week rally [11] - The yen and euro softened against the dollar, reflecting policy divergence, while EM FX remained stable due to capital inflows into local-currency debt [11] Week Ahead - The U.S. FOMC Meeting is expected to result in a near 100% probability of a 25bp rate cut, with market focus on Chair Powell's tone [12] - Key economic indicators such as Consumer Confidence and Durable Goods will provide insights into household and business resilience amid fiscal uncertainty [13] - Global events include the Euro Area GDP Flash and China PMI data, which will be critical for assessing economic recovery [15][16]

Core Points - The demolition of the East Wing of the White House for a new ballroom project has raised concerns about public trust and transparency in government actions [1][3][14] - The project, estimated to cost over $300 million, is funded by corporate donations from major companies, including Amazon, Apple, and Google [10][11] - Mississippi Rep. Bennie G. Thompson is demanding accountability from the corporations involved, requesting details about their donations and any potential quid pro quo arrangements [2][4][5] Corporate Involvement - Over 20 corporations have been asked to disclose the amounts of their donations and whether they received any promises in return [2][4] - Notable contributors include Amazon, Apple, Google, and Meta, with Meta and Amazon each contributing $1 million to Trump's 2024 inauguration fund [10] - Alphabet, YouTube's parent company, contributed over $20 million to the ballroom project as part of a legal settlement related to Trump's account suspension [11] Government and Regulatory Concerns - The Trump administration is accused of bypassing the National Historic Preservation Act of 1966, which typically requires public input on renovation plans [3][4] - Thompson emphasized the need for transparency in funding projects related to the White House, a symbol of democracy [14] - Construction began without the usual public forums or consultations, raising questions about the integrity of the process [3][4]

Core Insights - Amazon.com, Inc. (NASDAQ:AMZN) is recognized as one of Warren Buffett's top stock picks with significant upside potential [1] - The company has expanded its Amazon Now service in the United Arab Emirates, providing rapid delivery of everyday essentials [2][3] Group 1: Service Expansion - Amazon Now is now available in the UAE, offering delivery of everyday essentials within 15 minutes [2] - The service operates micro fulfillment centers across the UAE, delivering items ranging from fresh fruits to electronics [2] - A new 2-hour delivery service option has been introduced, covering thousands of products across more than 20 categories on Amazon.ae [3] Group 2: Financial Performance - As of October 21, the average price target for AMZN is $265, indicating an upside of approximately 19.35% from current levels [3] - Over the past six months, AMZN shares have returned over 32% as of October 21 [3] Group 3: Company Overview - Amazon is a diversified company involved in retail sales, advertising, subscription services, and is a leader in the cloud business through its AWS unit [4]

Core Viewpoint - The competition between Tesla and Amazon in the automation sector is intensifying, with each company leveraging AI and robotics to achieve total automation, but Amazon is currently seen as the better investment option [1]. Tesla - Tesla is pursuing an ambitious plan for full vehicle automation and the production of its humanoid robot, Optimus, with a target of 1,000,000 units per year by 2030 [2]. - CEO Elon Musk predicts millions of fully autonomous Teslas by the end of 2026, although there are concerns about the feasibility of these timelines [2][3]. - Tesla's forward price-to-earnings (P/E) ratio stands at 175x, significantly higher than the average tech stock, which may limit upside potential if Full Self-Driving (FSD) does not meet expectations [4]. - The company has reported that its autonomous cars have driven over 4.8 billion miles, a substantial increase from 1.5 billion the previous year, which enhances data collection for better automation [6]. Amazon - Amazon has deployed over 1,000,000 robots across more than 300 facilities, significantly scaling its automation efforts since acquiring Kiva Systems in 2012 [5]. - The company’s generative AI model, DeepFleet, is expected to improve robot travel time by 10%, enhancing delivery efficiency [7]. - Amazon's approach to automation is characterized by a data-to-robot flywheel, allowing it to continuously improve its bots without facing significant regulatory hurdles [9]. - Despite recent layoffs totaling 27,000 employees, Amazon is believed to have enough momentum to sustain its automation initiatives over the next five years [10][11]. - Amazon is viewed as the better investment due to its current execution in scaling bot production and delivering results, trading at a more reasonable price compared to Tesla [12].

Core Business Segments - Amazon operates primarily in two core businesses: e-commerce and Amazon Web Services (AWS), with a third segment, satellite-based broadband service through Project Kuiper, on the horizon [4][9] - The e-commerce segment has evolved to include a significant contribution from third-party sellers, which account for 62% of paid units, and advertising revenue exceeding $60 billion in the past year [6][7] - AWS remains the largest cloud computing platform globally, generating $116 billion in revenue over the trailing 12 months, with an 18% growth rate and a 36.8% operating margin [8] Revenue Growth and Market Position - Amazon is poised to become the largest revenue generator globally, having surpassed Walmart in quarterly revenue in Q4 2024, with annual revenue growth at 13.3% compared to Walmart's 4.8% [10][11] - For the 12-month period ending in June, Amazon generated $670 billion in revenue, while Walmart generated $693 billion, indicating a potential shift in market leadership [11] AI Strategy and Investments - Amazon's investment in AI through its stake in Anthropic, which has seen its annualized revenue run rate grow from $1 billion to $7 billion, positions the company favorably in the AI landscape [13][14] - Anthropic's focus on software coding applications and the use of Amazon's in-house designed chips (Trainium and Inferentia) provide a cost advantage and enhance Amazon's cloud computing revenue [15][16] Valuation and Financial Metrics - Amazon's current valuation stands at 33 times 2025 earnings estimates, which is considered undemanding for a leading tech company, especially given its reinvestment strategy [18][20] - The company has shown margin improvements across its segments, with operating margins increasing in North American e-commerce from 5.6% to 7%, and in AWS from 33.4% to 36.8% [19] Leadership and Management - CEO Andy Jassy, who has been with Amazon since 1997, embodies the strategic vision of founder Jeff Bezos, ensuring continuity in leadership and innovation [21][22] - Bezos remains involved in Amazon's entrepreneurial ventures, particularly in AI, which supports the company's ongoing success [22]

MILPITAS, Calif. – Amazon’s Delivering the Future Summit kicked off this week to showcase the future of the e-commerce giant's delivery wing. But amid its push to become more efficient, concerns have emerged that it may come at a steep cost – jobs. The New York Times recently reported, citing interviews and internal strategy documents, that Amazon's automation push could allow the company to avoid hiring 160,000 fewer people by 2027 and more than 600,000 fewer people by 2033.But Amazon’s chief technologist ...

Core Insights - Retail investors showed significant interest in five stocks from October 20 to October 24, driven by earnings reports, government shutdown concerns, and AI enthusiasm [1] Tesla Inc. (TSLA) - TSLA was highlighted due to its third-quarter earnings report, with CEO Elon Musk's potential resignation linked to a proposed $1 trillion pay package [7] - Key updates included the Optimus V3 demo scheduled for Q1 2026, Cybercab production set for Q2 2026, and robotaxi expansion plans [7] - The stock traded between $214.25 and $488.54, around $447 to $449 per share, up 18.38% year-to-date and 72.37% over the year [8] Beyond Meat Inc. (BYND) - BYND experienced a surge of over 1,300% from record lows, driven by retail hype and short-squeeze speculation following expanded distribution to over 2,000 Walmart stores [8] - The stock had a 52-week range of $0.50 to $7.69, trading around $2 to $3 per share, down 26.23% year-to-date and 55.97% over the year [9] Rigetti Computing Inc. (RGTI) - RGTI faced initial declines due to Google's chip breakthrough and potential U.S. export curbs on technology to China, but momentum shifted with speculation about government equity stakes in quantum firms [11] - The stock traded between $1.06 and $58.15, around $39 to $41 per share, up 97.98% year-to-date and 3,199.58% over the year [12] International Business Machines Corp. (IBM) - IBM discussions gained traction due to its advanced quantum product, with market commentators favoring it over other quantum firms [12] - The stock had a 52-week range of $203.51 to $301.04, trading around $283 to $285 per share, up 29.58% year-to-date and 30.50% over the year [13] Amazon.com Inc. (AMZN) - AMZN faced a major AWS outage affecting numerous sites, while plans to automate 75% of U.S. operations by 2033 drew criticism regarding worker impacts [13] - The stock traded between $161.43 and $242.52, around $220 to $222 per share, up 0.40% year-to-date and 18.62% over the year [14]

Core Points - The White House announced the construction of a new banquet hall with a planned area of 90,000 square feet (approximately 8,361 square meters) and a total estimated cost of around $300 million, which is an increase from the previous government estimate of $200 million [1][3] - The funding for the project will come from President Trump and private donors, with no taxpayer money being used [3] - Notable donors include major companies such as Apple, Amazon, Lockheed Martin, Microsoft, Google, and cryptocurrency platforms like Coinbase and Gemini, along with various individuals and organizations [3][5] Funding and Donors - The list of donors includes prominent companies and individuals, such as Apple, Amazon, Lockheed Martin, Microsoft, Google, Coinbase, Comcast, Meta, and the Winklevoss twins from Gemini [3] - Other significant contributors include U.S. Secretary of Commerce Howard Lutnick and his family, the Adelson family from Las Vegas Sands, and over 30 other institutions and individuals like Altria Group, Booz Allen Hamilton, Caterpillar, Hard Rock International, HP, and Micron Technology [3] Project Justification - The White House defended the project against criticism, stating that the new banquet hall is "bold and necessary," and highlighted that U.S. presidents have been renovating and modernizing the White House for over a century to meet contemporary needs [5]

Core Insights - Elon Musk suggests that future work may become optional due to advancements in automation and AI, proposing the concept of Universal High Income (UHI) as a means to share productivity gains with all citizens [1][5] - Job cuts in the U.S. are significant, with nearly 950,000 announced year-to-date, the highest since 2020, while hiring plans are at their lowest since 2009 [1] - Amazon is reportedly planning to replace up to 500,000 jobs with robots, highlighting the trend towards automation in major companies [2] Employment Trends - In September, U.S. employers announced 54,064 job cuts, a 37% decrease from August, yet the year-to-date total remains high [1] - Hiring plans have dropped to just over 200,000 roles through September, marking the lowest level since 2009 [1] Automation and AI Impact - Amazon's automation strategy reflects both the potential benefits and risks associated with AI, as it may lead to job elimination without creating new opportunities [3] - The current investment climate in AI resembles the dot-com bubble, with significant venture capital inflows despite limited productivity gains [3] Universal High Income Concept - UHI represents a shift from Universal Basic Income (UBI), aiming for a more prosperous standard of living rather than just a safety net [5] - UBI could cost about 3% of GDP in the U.S. and could evolve into UHI as productivity increases [6] Implementation Timeline - Experts suggest that the transition to UHI will take time, with a gradual "robot apocalypse" unfolding over the next 5 to 15 years [7] - There is a potential 1-3 year window for pilot programs, with national hybrid programs expected in 5-10 years [7] Challenges to UHI - Significant economic, political, and social hurdles exist in transitioning from UHI as a concept to a functional system, including the need for mechanisms to measure and tax automation's surplus [8] - Governance issues arise regarding the definition of "surplus" and the distribution of income, with concerns about corporate and political capture [8]