More techies are #opentowork as AI continues to shake up Silicon Valley.
A new AI-powered hybrid Hollywood startup backed by AWS is betting that cutting-edge production tech can cut costs, speed up filming and bring jobs back to LA.
Amazon-backed, nuclear energy firm X-Energy raised $1.02 billion in an upsized initial public offering, the latest sign of renewed enthusiasm for the IPO market. X-Energy CEO J.
Amazon (AMZN) is set to report earnings after the closing bell on Wednesday, with the stock seen potentially rallying to new record highs following the report.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has signed a multiyear agreement with Amazon Web Services (AWS) to deploy tens of millions of AWS Graviton cores, strengthening its compute capacity for artificial intelligence systems. The rollout will make Meta one of the largest users of AWS Graviton5 chips, which are designed for high-efficiency CPU performance in cloud environments.
Pre-market futures are off their early morning highs, but still mostly in positive territory. Cease-fire talks look promising, as Iran reportedly is sending negotiators to Pakistan and plans are for an Israel-Lebanon summit in the U.S. But the Strait of Hormuz remains closed, and even though Q1 earnings continue to come in strong, there remain plenty of question marks on the horizon.
The Nasdaq is by far the outperformer among major indexes at this hour, +315 points or +1.17%.
Meta has signed an agreement that it said makes the company one of the world's largest customers of AWS Graviton cores, which are processing cores purpose-built for the demands of agentic artificial intelligence.
Amazon.com, Inc.'s 2026 capex ramp near 200 billion is broad-based, backed by customer commitments, and consistent with its long-term market-leadership investment playbook, so I see it as strategically positive. AWS is ceding some cloud market share to Azure and Google Cloud, but absolute revenue growth and remaining performance obligations still point to a strong multi‑year demand pipeline. AMZN's custom Trainium chips target superior price‑performance, with strong customer adoption, which can structurally lift AWS EBIT margins by several hundred basis points over time.
Amazon.com continues to pick up artificial-intelligence momentum, with the company's chip business securing a substantial customer.