Part 1/12:
Market Update: A Deep Dive into Global Financial and Economic Developments
Wall Street Sparks Optimism with AI-Driven Rally
Kicking off November, historically the strongest month for stocks, Wall Street experienced a surge of positive momentum fueled by breakthroughs in artificial intelligence (AI). Tech giants led the charge, with Amazon.com soaring 4% after announcing a substantial $38 billion, seven-year partnership with OpenAI. This deal will see Amazon Web Services provide access to hundreds of thousands of NVIDIA graphics processors, positioning Amazon at the forefront of the AI infrastructure race.