Markets are getting AI right
Recent volatility reflects economic reality
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Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity to meet demand
AWS revenue hit $42.2 billion in Q2, marking its fastest growth in 18 quarters as AI demand outpaces Amazon’s ability to build more data centers.
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New York Mets tap Novig as prediction market partner as MLB embraces new betting sector
The deal will allow Novig to integrate across the Mets’ ecosystem and run league‑approved markets.
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Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
The iPhone maker said sever constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.
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Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
Azure crossed $100 billion in revenue for the first time, and a new disclosure about OpenAI offered some respite.
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Amazon increases AI infrastructure spending to $220bn this year
Seattle-based group had in April expected to spend $200bn in 2026
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Trump ‘not sure’ he will let Ukraine build Patriot missiles
US president had earlier said he would allow the country to produce the weapon vital for its defence against Russia