Amazon and Apple report; Chinese factory activity shrinks - what’s moving markets By Investing.com
Update: 2025-10-31
Description
Tech giants Amazon and Apple kick off October with impressive earnings, driving market optimism. Amazon's cloud division, AWS, leads growth, while Apple's new iPhone 17 fuels holiday quarter expectations. However, Meta and Microsoft's AI spending plans rattle investors, causing share drops. Meanwhile, Nvidia secures a major AI chip deal in South Korea, and China's factory activity shrinks, raising concerns about global market stability.
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