None of the five holdings moved 3% today. The one development that could change the stance came from Amazon’s balance sheet, not its price.
Company news worth knowing#
- AMZN ($251.52, +1.33%): Amazon is reportedly looking to sell about $8B of Nvidia Grace Blackwell chips to a special-purpose vehicle and lease them back. That would take depreciating AI hardware off its books while it keeps using the chips. Separately, it pledged more than $1B over five years to communities where it builds data centers. Both point to capex pressure being managed, not cut. Hold (medium)
Quiet: MSFT +0.92%, META +0.30%, NET −0.55%, RDDT −1.12%.
Earnings are expected Oct 28 for MSFT and META, and Oct 29 for AMZN, NET and RDDT.