Amazon.com Inc. announced plans to invest more than by 2030, aiming to expand e-commerce, logistics, cloud, and artificial intelligence operations in one of its most important growth markets.
SpaceX stepped toward a stock market debut, looking to raise more than $30 billion. People familiar with the plan said the listing could become the largest on record if market conditions stay supportive.
GE Vernova Inc. rallied after the company doubled its dividend, expanded its share buyback program, and raised its earnings outlook, moves that signaled confidence in long-term demand for its power equipment.
In Asia, DeepSeek faced scrutiny after reports suggested the Chinese AI startup used that the US restricts for sale in China to train a new model. NVIDIA challenged the characterizations of a larger smuggling network. However, regulators and investors are closely watching the situation.
CEO Park Dae-jun’s resignation led South Korean e-commerce group Coupang to go through a transition of its top management. The departure of the chief executive was one of the consequences of a gigantic data breach that leaked personal information of tens of millions of users and caused a political and regulatory uproar.
Overall, global markets remain steady as investors await clearer signals from the Federal Reserve and Oracle’s AI-driven earnings.
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