October online sales are expected to reach $95.8 billion, an 8% increase year-over-year, driven by early holiday promotions from Amazon, Target, and Walmart. Qualcomm and Huawei finalized a multi-year cross-licensing agreement covering 5G, AI, and networking technologies, boosting Qualcomm's stock by 2.7%. Redwire secured a contract to supply solar arrays for Axiom Space's second space station module, advancing commercial space infrastructure. PTC shares surged 34% after Schneider Electric announced a $22.6 billion all-cash acquisition deal. These developments highlight strong retail momentum and significant tech sector collaborations and acquisitions ahead of the holiday season.
Amazon shares trade at USD 250.82 on Pluang as of Oct 05, 2026 18:12 WIB, slightly down 0.28% for the day despite strong October online sales projections. Qualcomm's stock is up 0.61% at USD 186.00, reflecting ongoing investor interest in its tech collaborations. Redwire, involved in space infrastructure, is up 1.38% at USD 11.03, showing positive momentum in the industrial sector ahead of the holiday season.
Amazon's AWS revenue grew 36.7%, supported by a $496 billion backlog signaling strong future demand for cloud and AI services. The company plans approximately $220 billion in capital expenditures by 2026, which may pressure near-term cash flow despit...
Amazon is investing hundreds of billions in data centers, servers, and chips, aiming for long-term returns as these assets generate revenue over decades. AWS revenue grew 37% in Q2 with a strong operating margin, and the company has a $496 billion ba...
Jim Cramer expressed doubts about his loyalty to Amazon after seeing Meta's new AI shopping feature, highlighting Meta's 24% stock rise over the past month compared to Amazon's decline. He noted that Meta's AI assistant could challenge Amazon's domin...
Amazon is restructuring ownership of $8 billion worth of Nvidia AI chips by placing them in a special purpose vehicle that sells debt to investors and leases the chips back to Amazon. This move helps Amazon protect its credit rating by shifting the h...
Amazon committed over $1 billion through its Built Together program to support communities around its U.S. AI data centers, focusing on job training, water preservation, and energy affordability. This move aims to ease local opposition and moratorium...
