GM will switch to Nasdaq from the NYSE on Nov. 17
General Motors announced plans to transfer its stock listing from the New York Stock Exchange to Nasdaq, effective November 17, positioning itself as a technology-focused company.
AI buildout hits snag as Google and Microsoft put off raising capex forecasts
Microsoft and Alphabet both reported capital expenditure figures below analyst estimates, citing delays from graphics processing unit providers that will push available capacity into 2027.
Amazon AWS posts 39% revenue growth as cloud rivals also accelerate
Amazon’s cloud unit reported 39% revenue growth in Q3, reaching $45.98 billion and exceeding analyst expectations, marking the fastest expansion since late 2021.
Palantir reports booming U.S. commercial revenue growth, topping government for first time
Palantir reported stronger-than-expected third-quarter results, with U.S. commercial revenue topping government revenue for the first time as artificial intelligence tool adoption accelerates among businesses.
Moderna shares plunge after cancer vaccine data leaks — despite positive results
Moderna shares fell as much as 25% Thursday after a leak of cancer vaccine trial data, despite positive results showing significant efficacy when paired with Merck’s immunotherapy treatment.
Amazon posts negative free cash flow of $42.4 billion, holds 2026 capex unchanged
Amazon shares fell over 6% after reporting negative free cash flow of $42.4 billion for the trailing twelve months, driven by surging AI infrastructure investments that exceeded capital expenditure guidance.