OpenAI and Amazon make 38 billion dollar deal for ChatGPT creator to use AWS services

Global markets showed mixed results on November 3rd, 2025, as investors analyzed China's economic data and U.S. dollar movements. Asian shares made small gains with Hong Kong's Hang Seng up 0.2% and China's CSI 300 rising 0.3%, as markets anticipated further policy support from Beijing. The dollar stabilized after falling on expectations of a dovish Federal Reserve, while the Japanese yen remained strong. Treasury yields declined slightly as investors expected the Fed to slow rate hikes. Oil prices held steady around $87 per barrel, and gold traded above $2,000. Markets await upcoming Chinese trade and inflation data and U.S. economic indicators for clearer direction.

Palantir Technologies has forecast Q4 2025 revenue between $4.396-$4.40 billion, exceeding analyst expectations of $4.14 billion. This growth is driven by increasing demand for AI solutions across both commercial and government sectors. The company's AI-powered data platforms continue to expand their market reach, leveraging advanced technologies similar to ChatGPT to provide enhanced data analytics capabilities.

Verizon Business and AWS have expanded their strategic partnership with the launch of Verizon AI Connect, a high-capacity fiber network connecting AWS data centers across the US. This infrastructure investment aims to provide the low-latency, resilient connectivity needed for advanced AI workloads and applications. The collaboration addresses the growing data demands of generative AI while offering benefits including enhanced network reliability, faster data transfer, scalability, and improved security. This initiative builds upon previous joint ventures between the companies and positions them to support future business needs in the rapidly evolving AI ecosystem.

Bridgewater Associates' co-CIOs warn that investors are underpricing significant risks in the current AI-driven stock market rally. They highlight concerns about whether massive AI investments will deliver expected returns, noting growth expectations are at nearly century-high levels. Despite the S&P 500's 16% year-to-date gains, experts caution that markets are ignoring potential volatility sources including inflation, high interest rates, policy changes, and trade tensions. Bridgewater sees "an uncomfortably high probability of unknowable and extreme outcomes" in today's market, with industry experts adding that rapidly evolving AI technology could quickly render current infrastructure investments obsolete.