Citigroup Doubles Rivian Stake to New Record in Q3 2025
Citigroup doubled its Rivian stake to 8.54M shares ($125M value) in Q3 2025, reaching a four-year record.
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Nebius Launches “Token Factory” to Power Open Source AI Models
Nebius Group NV introduces Token Factory, a new AI cloud service that lets users run open source models like Llama and DeepSeek, competing with Amazon and Microsoft in the growing AI infrastructure market.
Amazon AWS Secures Massive $38 Billion Deal to Supply OpenAI Compute Power
AWS signed a $38 billion deal to power OpenAI. Amazon will provide massive computing resources (like Nvidia GPUs) over seven years for AI development.
Amazon AWS Surges with Strongest Growth in 3 Years, Easing AI Competition Concerns
Amazon Web Services achieves 20% revenue growth in Q3 2025, beating analyst expectations and signaling strong AI demand as cloud computing business rebounds ahead of holiday season.
UPS Beats Profit Expectations as Massive Job Cuts and Cost Reduction Drive Turnaround
UPS third-quarter earnings exceed forecasts as 34,000 job cuts and strategic network changes boost profits. Shares jump 12% despite ongoing tariff challenges.
Qualcomm Launches AI Chips to Challenge Nvidia's Dominance in Data Centers
Qualcomm unveils AI200 and AI250 chips for data centers, entering the booming AI infrastructure market with competitive alternatives to Nvidia's dominant processors arriving in 2026-2027.