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25.11.25 - 17:24
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Live Nasdaq Composite: Tech Scrambles as AI Players Jockey for Position (24/7 Wall St.)
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Live Updates Consumers Feeling Less Confident 30 minutes ago Live Consumers are growing more downbeat about the economy at the worst possible time – the holidays. More consumers are losing sleep about finding work, according to a Conference Board report in which the Consumer Confidence Index sank nearly 7 points in November to a reading ... Live Nasdaq Composite: Tech Scrambles as AI Players Jockey for Position
The post Live Nasdaq Composite: Tech Scrambles as AI Players Jockey for Position appeared first on 24/7 Wall St.....
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25.11.25 - 16:12
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Stock Rally Falters As Nvidia-Google AI Rivalry Intensifies (ZeroHedge)
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Stock Rally Falters As Nvidia-Google AI Rivalry Intensifies
US futures are flat, having rebounded from session lows, even as Nvidia shares fell 3.8% in premarket trading as investors assess the threat of increased competition after a report that Meta Platforms is in talks to spend billions on Google's TPU-based AI chips (see "The Google TPU: The Chip Made For The AI Inference Era"); Alphabet shares climb 3.2% in premarket. As of 8:15am ET, S&P 500 futures are unchanged after posting the biggest daily gain since Oct 13, while Nasdaq 100 contracts drop 0.1%. The prospect of a market shake-up rippled across other tech companies. AMD slipped more than 3%, while Japan's SoftBank Group shares tumbled 10% on concern that Alphabet's Gemini model could boost competition for OpenAI, a key SoftBank investment. Treasuries are steady, with US 10-year yields down 1bp to 4.01%. The Bloomberg Dollar Spot Index is down 0.1% while the yen leads gains against the greenback, rising 0.4%. The pound a...
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25.11.25 - 16:12
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Amazon Announces $50B Plan For Dedicated Government AI Supercomputing (ZeroHedge)
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Amazon Announces $50B Plan For Dedicated Government AI Supercomputing
Amazon Web Services is making a major push into government-focused artificial intelligence and supercomputing, announcing plans to build the first AI- and HPC-dedicated cloud infrastructure designed specifically for U.S. federal agencies, according to Amazon's PR.
The company said it will invest up to $50 billion beginning in 2026 to expand capacity across AWS Top Secret, AWS Secret, and AWS GovCloud (US), adding nearly 1.3 gigawatts of advanced compute power.
The expansion will give agencies access to a broader suite of AI tools—such as Amazon SageMaker, Amazon Bedrock, Amazon Nova, Anthropic Claude, leading open-weights models, AWS Trainium chips, and NVIDIA AI systems—while providing classified and unclassified environments for model training, simulation, and mission-critical workloads.
Amazon wrote that the investment will help agencies apply AI to large-scale modeling and simulation, enabling “autonomous experim...
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25.11.25 - 16:06
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Nvidia-Google AI Chip Battle Escalates (Bloomberg)
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Meta Platforms is in talks to spend billions of dollars on Google's AI chips, according to the Information. Meta has been betting its chips can rival those of Nvidia as a leader in artificial intelligence technology. A deal could signal growing momentum for Google as it challenges Nvidia's market dominance. Bloomberg's Michael Ball and Caroline Hyde report on "Bloomberg Open Interest." (Source: Bloomberg)...
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