Core Insights - Amazon's shares surged approximately 11% to a record high following the announcement of its strongest cloud growth since 2022, alleviating investor concerns about overspending on AI by major tech firms [1][4][12] - The tech-heavy Nasdaq index rose by 1.2%, while the S&P 500 and Dow Jones increased by 0.6% and 0.3%, respectively, indicating a positive market trend [1][3] Amazon's Performance - Amazon reported a 20.2% increase in revenue for its cloud unit in the most recent quarter, surpassing Wall Street's expectations of 18.1% [4] - The company achieved earnings per share of $1.95, exceeding estimates of $1.57, and total revenue of $180.17 billion, which was above the expected $177.8 billion [5] - For the current quarter, Amazon anticipates sales between $206 billion and $213 billion, exceeding analyst expectations [6] - The expected operating income for the current quarter is projected to be between $21 billion and $26 billion, compared to estimates of $23.8 billion [7] Capital Expenditures and Job Cuts - Amazon has increased its planned capital expenditures for 2025 to $125 billion from $118 billion, with intentions to spend even more in the following year [9][8] - The company is also implementing significant cost-cutting measures, including a round of 14,000 job cuts, with a total of 30,000 corporate jobs, or about 9% of its global office workforce, planned to be eliminated [12][13] Market Context - Major stock indexes are on track to end the week higher, with the Dow and Nasdaq poised for their longest streaks of monthly gains since January 2018 [3][4] - Other tech giants, such as Meta and Microsoft, experienced declines in their stock prices due to announced increases in capital expenditures for AI [2]

Group 1 - Amazon's stock surged by 12.2%, increasing its market value by $274.2 billion (approximately 1.95 trillion RMB) [3] - Amazon's Q3 net sales reached $180.2 billion, a 13% year-over-year increase, surpassing market expectations of $177.8 billion. Net profit was $21.2 billion, up nearly 40% [5] - AWS cloud business revenue grew by 20% year-over-year to $33 billion, marking the strongest growth since 2022 and alleviating concerns about AWS lagging in the AI competition [5] Group 2 - Nvidia's stock rose over 1.6%, with its market value returning to $500 billion. Nvidia announced a collaboration with the South Korean government and major companies to deploy over 260,000 GPUs for national AI infrastructure [5] - Apple's Q4 revenue reached $102.47 billion, a historical high for the period, with a year-over-year growth of 8%. Net profit was $27.47 billion, up 86% [6] - Apple's total revenue for the fiscal year reached $416.16 billion, with net profit exceeding $112 billion, continuing its growth trend. However, revenue from Greater China declined by 3.6%, marking it as the only region with negative growth [6] Group 3 - The Nasdaq Golden Dragon Index saw a shift from decline to increase, with notable stock performances: Lexin surged by 26%, and several other stocks rose over 10% [6][7] - International oil prices experienced a short-term increase, with both Brent and WTI crude oil rising nearly 1% [8] - Gold prices fell below $4,020 per ounce, with Morgan Stanley predicting gold prices could reach $4,500 per ounce by mid-2026 due to geopolitical tensions and inflation pressures [11]

Amazon.com Inc (NASDAQ:AMZN) stock is up 10.5% to trade at $245.86 at last glance, reinstating Big Tech faith after the company surpassed third-quarter earnings and revenue estimates. In addition to enjoying AI investment gains from startup Anthropic, it also saw a 20% revenue jump for cloud computing arm Amazon Web Services (AWS). The e-commerce giant issued an upbeat fiscal fourth-quarter forecast as well, laying off 14,000 employees earlier this week.The equity has attracted more than 20 price-target hik ...

Core Insights - Marvell Technology's stock price increased over 8% to $95.83 following Amazon's earnings call, where strong demand for its in-house AI chip Trainium was highlighted [1] - Amazon's CEO Andy Jassy stated that Trainium has become a multi-billion dollar business with a quarter-over-quarter growth of 150%, and Marvell is a key manufacturer for Trainium chips [1] - Jassy noted that the adoption rate of Trainium2 is rising, with all current production capacity booked, and the upcoming Trainium3 is expected to attract more customers [1][2] Company Developments - Amazon plans to open Trainium3 for customer preview by the end of 2025, with larger scale deployment in 2026 [2] - Amazon continues to maintain close partnerships with Nvidia, AMD, and Intel, aiming to expand collaboration with these chip suppliers [2] - Jassy emphasized the need for increased computational power due to surging demand, indicating that current production capacity is quickly consumed [2]

在科技股纷纷上涨的带领下，当地时间10月31日（周五）美股开盘延续上涨态势。截至发稿，道指上涨 0.01%，标普500指数上涨0.4%，纳指上涨0.9%。 周五，两位美联储官员对最新的议息结果发表了"降息并不急迫"的看法，显示美联储年内最后一次议息 会议是否降息仍然存在较大分歧。 热门个股方面，亚马逊股价开盘即上涨12%，市值增加超过2000亿美元。在最新的财报中，亚马逊云服 务部门增长创下近三年来最强劲的增速。 亚马逊飙涨12% 刚刚公布财报的亚马逊成为周五最耀眼的科技巨头。公司股价开盘即上涨12%，市值增加超过2000亿美 元。 在最新的财报中，亚马逊云服务部门增长创下近三年来最强劲的增速，这让此前担忧这家全球最大云计 算服务商正被竞争对手赶超的投资者吃下"定心丸"。 财报数据显示，亚马逊三季度营收同比增长13%至1802亿美元，好于分析师平均预期的1778亿美元。按 部门划分，亚马逊云服务部门（AWS）销售额同比增长20%至330亿美元，创下2022年以来的最大增 幅，同比增速及销售额分别高于分析师平均预期的18%及324亿美元。净利润为212亿美元，较上年同期 增长39%。 亚马逊市值飙升。 其中，埃 ...

Market Overview - U.S. markets opened with positive momentum, with the Nasdaq up by 1%, S&P 500 increasing by 0.60%, and Dow Jones rising by 0.15% [2] - The Russell 2000 index also showed slight gains of 0.05% [2] Premarket Movers - Brighthouse Financial saw a significant increase of 23.4% amid takeover discussions [3] - Other notable gainers included Amazon (+12%), Twilio (+10%), Western Digital (+9.7%), Cloudflare (+8.7%), and Rocket Companies (+7.8%) following their earnings reports [3] Earnings Reports - Strong earnings from Amazon (+12.5% in premarket) and Apple (+2.2%) contributed positively to market sentiment, offsetting weaker performances from Microsoft and Meta [6] - Exxon Mobil, Abbvie, and Chevron also released their earnings, contributing to the overall market activity [7] Market Sentiment - The market is reacting positively to a combination of strong earnings reports and optimistic commentary from the U.S. central bank, despite the ongoing government shutdown which has halted the release of economic data [5][8]

Core Viewpoint - The article highlights significant movements in the stock market, particularly focusing on the performance of major companies like Amazon, NVIDIA, and Apple, as well as trends in oil prices and gold. Group 1: Company Performance - Amazon's stock surged by 12.2%, with its market value increasing by $274.2 billion (approximately 1.95 trillion RMB). The company's Q3 net sales rose by 13% year-on-year to $180.2 billion, exceeding market expectations of $177.8 billion. Net profit reached $21.2 billion, a nearly 40% increase. AWS cloud business revenue grew by 20% year-on-year to $33 billion, marking the strongest growth since 2022, alleviating concerns about AWS's competitiveness in AI [2][3]. - NVIDIA's stock rose over 1.6%, with its market capitalization returning to $500 billion. NVIDIA announced a collaboration with the South Korean government and major companies like Samsung and Hyundai to deploy over 260,000 GPUs for national AI infrastructure, enhancing Korea's manufacturing and digital economy [3]. - Apple's Q4 revenue reached $102.47 billion, a historical high, with a year-on-year growth of 8%. Net profit was $27.47 billion, up 86%, and diluted earnings per share increased by 91% to $1.85. However, revenue from the Greater China region declined by 3.6%, marking it as the only region with negative growth [3]. Group 2: Market Trends - The Nasdaq Golden Dragon Index for Chinese stocks saw a reversal from decline to increase, with notable gains in companies like Lexin, Qifu Technology, and Xinyi Technology, which rose over 10%. However, Alibaba and Xiaomi both experienced declines of over 2% [3]. - International oil prices saw a short-term increase, with Brent and WTI crude oil both rising nearly 1% [6][8]. - Gold prices experienced a short-term decline, falling below the $4,020 mark. Morgan Stanley predicts gold prices could reach $4,500 per ounce by mid-2026, up from a previous forecast for the second half of 2026 [8][9].

US stock market is rising sharply today as strong corporate results from Amazon, Netflix, Tesla, and Palantir lifted investor confidence and pushed all major indexes higher. The S&P 500 gained 0.6%, the Nasdaq Composite jumped 1.2%, and the Dow Jones Industrial Average climbed 99 points, or 0.2%, in Friday trading. The rally came after a volatile week marked by mixed tech earnings and renewed global trade developments between the US and China.Amazon stock surged 11% after the company reported a major reboun ...

Core Insights - Marvell Technology (MRVL.US) shares rose over 8% to $95.83 following Amazon's earnings call, where it was revealed that the demand for its in-house AI chip Trainium is strong, becoming a multi-billion dollar business with a quarter-over-quarter growth of 150% [1] - Amazon CEO Andy Jassy stated that the adoption rate of Trainium2 is increasing, with current capacity fully booked, indicating rapid business expansion [1] - Jassy also mentioned that the upcoming Trainium3, expected to be previewed by the end of 2025 and deployed on a larger scale in 2026, is anticipated to attract more customers beyond the current large clients [1] Company and Industry Summary - Amazon is building its AI platform Bedrock, aiming to become the "largest inference engine globally," with long-term potential comparable to AWS's core computing service EC2 [1] - The majority of token usage on Bedrock is currently running on Trainium chips, highlighting the chip's significance in Amazon's AI strategy [1] - Amazon continues to maintain close collaborations with chip suppliers like NVIDIA (NVDA.US), AMD (AMD.US), and Intel (INTC.US), planning to further expand these partnerships to meet the surging demand for computing power [2] - Jassy emphasized the ongoing investment in expanding capacity, noting that demand is rapidly consuming the increased production [2]

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, Amazon shares jumping today after a blowout quarter. The stock is set to add $300 billion to its market cap after reporting the fastest cloud unit growth in nearly 3 years. On the analyst Call, CEO Andy Jasse touted the prospects for AWS and spoke about the impact of AI on the company's businesses.The power capacity of the AWS data center fleet has doubled since 2022. ...