US stocks’ gains in October owe a lot to AI

Shrinking merchants S&P 500 – In fact, the bets that it will go down – last month was a rude surprise. Broad-based index ends 2.3% higher than 200, unguarded »October Phobia“market-related term” 1929 again 1987 it happened within a month.

Ta Nasdaq Composite It was a better month than the S&P 500. The technological-severe index increased by 4.7%, which contributed to the emergence of any disease.

on friday Amazon shares were put at 9.6% This is the solid growth of the cloud computing facility and as CEO Andy Jassy directed “AI and the Big Demand in Core Infrastructure”. Pushed other things related to artificial intelligence like news From Paltan again Oracle too.

The rise of the moon to the market was not a one-day event. In October NvidiaAI was the poster child, the first company Reach the price of 5 trillion dollarsThe so-called “virtuous cycle” describes the technology as a “virtuous cycle” where growth in use leads to growth in investment, which in turn, it uses, which is… you get the idea.

Indeed, they were announced by big tech companies during earnings last week deals with their capital expendituresmost of them go to AI infrastructure.

It’s all about AI over-enthusiasm at the moment, like candy bars (and subsequent crash) like sugar pumpkins, and fiber-rich pumpkin boosts.

China’s factory activity slows in October. “China” general output PMI RatingDog compiled by S&P Global 50.6 per monthget off it Six months in September 51.2. Reuters polls had expected trade to read 50.9.

Baida Vaidu’s weekly Robotaxi ride has reached 250,000. It’s Apollo Go, for BAIDU’s Robotaxi division, the firm said Exceeded October 31. It’s about the same It goes every week without a driveraccording to the report at the end of April.

Berkshire Hathaway Operating income statements. The year is an indicator 34% to $13.485 billion in the third quarter. Warren Buffett’s conglomerate is now worth 381.6 billion. Dollar money, the highest, but it does not consider stock purchase but still.

US markets finished higher on Friday. Futures tied to the major US indices were trading on Sunday little has changed. Asia-Pacific markets rose on Monday. of Japan Nikkei 225 and South Korea Shoot More than 2% are past 2:00 p.m., because it’s 2:00 a.m. (1 a.m.) Singapore time.

(PRO) stocks will enter November higher. The S&P 500 is up more than 16% for the year in November. Investors still need to keep an eye on each other this week Trump Tariffs Supreme Court Case and profits from firms Advanced Micro Devices and paltanir.