Amazon $180.2B Sales, Nvidia $1B Investment, Microsoft Deal

The artificial intelligence sector continues to drive significant financial growth and strategic investments across various industries. Amazon recently reported robust third-quarter sales of $180.2 billion, marking a 13% increase from the previous year. CEO Andy Jassy attributed much of this success to the company's extensive AI initiatives, which are enhancing its cloud, retail, and logistics operations. Notably, Amazon Web Services (AWS) saw its revenue climb 20% to $33 billion, underscoring strong demand for its AI and core infrastructure. Amazon's AI-powered shopping assistant, Rufus, now serves 250 million customers and has boosted purchase likelihood by 60%, with a new "Help Me Decide" AI feature also introduced to aid product selection. The company projects fourth-quarter net sales between $206 billion and $213 billion. Investment in AI startups is also surging, with Nvidia planning to invest up to $1 billion in Poolside, an AI startup valued at $12 billion. Poolside specializes in developing AI models for software coding and relies heavily on Nvidia's GPUs for its operations, highlighting Nvidia's strategy to expand its influence across the AI ecosystem. This comes as analysts anticipate major tech companies could spend over $300 billion on AI infrastructure in 2025, further fueling demand for Nvidia's chips. In a related development, IREN's stock jumped 20% following a nearly $10 billion deal to provide Microsoft with access to Nvidia chips, signaling strong market confidence in AI hardware partnerships. Meanwhile, Donut Labs successfully secured $22 million in funding across pre-seed and seed rounds over six months for its Donut Browser, an AI-powered crypto trading platform. This agentic browser, which uses autonomous AI agents to analyze markets, calculate risks, and execute on-chain trades, has already attracted over 160,000 users to its waitlist. Investors include BITKRAFT, Hack VC, and leaders from Solana and Jupiter. Other companies are also integrating AI into their operations; Sysco launched its AI360 sales tool to improve sales and customer engagement, contributing to its strong first-quarter fiscal 2026 sales of US$21.15 billion. Broadcom also reported impressive fiscal second-quarter earnings, with revenue reaching $10.72 billion, driven by high demand for its AI chips, and its Infrastructure Software segment, including AI networking solutions, saw an 11% revenue increase. While BigBear.ai, a specialist in AI decision-making software for the U.S. government, saw its shares drop 9.9%, the overall market sentiment remains positive. Evercore ISI, for instance, reiterates its prediction that the S&P 500 will reach 7,750 by the end of 2026, largely due to the sustained momentum in AI-related sectors. Westpac also reported significant growth in its institutional business, with a 17% increase in its loan book, particularly in infrastructure, natural resources, and energy, though not directly tied to AI in the provided summaries.

Key Takeaways

• Donut Labs secured $22 million in funding for Donut Browser, an AI-powered crypto trading browser with over 160,000 users on its waitlist.
• Amazon reported $180.2 billion in third-quarter sales, a 13% increase, with CEO Andy Jassy crediting AI initiatives for growth across cloud, retail, and logistics.
• Amazon Web Services (AWS) revenue increased 20% to $33 billion, driven by strong demand in AI and core infrastructure.
• Amazon's Rufus AI shopping assistant is used by 250 million customers and increases purchase likelihood by 60%.
• Nvidia plans to invest up to $1 billion in Poolside, an AI startup valued at $12 billion, which develops AI models for software coding using Nvidia's GPUs.
• IREN's stock surged 20% following a nearly $10 billion deal to provide Microsoft with access to Nvidia chips.
• Broadcom's revenue reached $10.72 billion, beating estimates due to high demand for its AI chips, with its Infrastructure Software segment growing 11%.
• Sysco launched its AI360 sales tool to enhance sales and customer engagement, reporting Q1 fiscal 2026 sales of US$21.15 billion.
• Evercore ISI predicts the S&P 500 will reach 7,750 by 2026, driven by the ongoing strong performance of AI-related sectors.
• BigBear.ai, specializing in AI decision-making software for the U.S. government, saw its shares drop 9.9%.

Donut Labs secures $22 million for AI crypto browser

Donut Labs raised $22 million in funding over six months for Donut Browser, the first AI browser for crypto trading. This agentic browser helps traders find better trades, calculate risks, and generate returns on-chain. The funding came from investors like BITKRAFT and Hack VC, plus leaders from Solana and Jupiter. Donut Browser has over 160,000 users on its waitlist, showing strong demand for its features. It offers a Chromium core browser, Chrome extension, webapp, and mobile app to help traders with analysis and automated execution.

Donut Labs raises $22 million for AI crypto browser

Donut Labs secured $22 million in funding for DonutBrowser, an AI-powered crypto trading browser. This platform focuses on real-time trading and on-chain execution. Its AI agents analyze market information and help users make trades directly within the browser. DonutBrowser aims to be a learning trading partner that adapts to user needs for personalized strategies. The platform has already attracted 160,000 users to its waitlist.

Donut Labs secures $22 million for AI crypto browser

Donut Labs raised a total of $22 million across pre-seed and seed funding rounds in six months. This funding supports Donut Browser, an AI-powered crypto trading browser. Investors include BITKRAFT, Makers Fund, and Hack VC, along with contributors from Solana and Sui. CEO Chris Zhu states the browser uses autonomous AI agents to analyze markets, calculate risk, and execute on-chain trades. Donut Browser has over 160,000 users on its waitlist and aims to redefine trading with its AI quant.

Amazon sales hit $180.2 billion driven by AI

Amazon reported $180.2 billion in third-quarter sales, a 13% increase from last year. CEO Andy Jassy credited artificial intelligence initiatives for this growth across cloud, retail, and logistics. Amazon Web Services saw a 20% revenue increase to $33 billion. The company's AI-powered shopping assistant, Rufus, now reaches 250 million customers and increases purchase likelihood by 60%. Amazon also introduced a "Help Me Decide" AI feature to assist with product selection. For the fourth quarter, Amazon expects net sales between $206 billion and $213 billion.

Amazon Q3 sales reach $180.2 billion with AI growth

Amazon Inc. announced its third-quarter 2025 net sales rose 13% year-over-year to $180.2 billion. CEO Andy Jassy stated that AI initiatives are driving significant improvements across the business. Operating income was $17.4 billion, and net income grew to $21.2 billion. Amazon Web Services continues to see strong demand in AI and core infrastructure. The company's Rufus AI shopping assistant is used by 250 million customers and has increased purchase rates by 60%. Amazon projects fourth-quarter net sales between $206 billion and $213 billion.

Westpac CEO discusses growth and AI impact

Westpac shares have gained 21% this year, outperforming the ASX/200 financials index. CEO Anthony Miller, who started in December 2024, discussed the company's first full-year earnings report. He focused on building a strong leadership team and engaging with external stakeholders. Westpac saw significant growth in its institutional business, with a 17% increase in its loan book, especially in infrastructure, natural resources, and energy. The bank is the largest renewables lender and is active in critical minerals. The commercial and agricultural sectors also showed positive growth.

Nvidia plans $1 billion investment in AI startup Poolside

Nvidia Corp. plans to invest up to $1 billion in Poolside, an AI startup valued at $12 billion. Poolside develops AI models for software coding and development, relying on Nvidia's GPUs for its operations. This investment shows Nvidia's strategy to expand its dominance in the AI ecosystem beyond just chip design. Poolside has already secured over $1 billion in this funding round, including money from current investors. Analysts project that major tech companies could spend over $300 billion on AI infrastructure in 2025, further boosting demand for Nvidia's chips.

Sysco launches AI sales tool and raises dividend

Sysco Corporation (SYY) reported strong first-quarter fiscal 2026 results with total sales of US$21.15 billion. The company launched its new AI360 sales tool, which uses artificial intelligence to improve sales and customer engagement. Sysco also plans a 6% increase in its quarterly dividend and completed a US$3.68 billion share buyback program. These actions show Sysco's financial strength and commitment to its shareholders. The AI360 tool will provide data-driven insights and personalized recommendations to boost sales efficiency and customer experience.

Broadcom stock surges on strong AI chip demand

Broadcom Inc. (AVGO) stock surged 5.7% after reporting impressive fiscal second-quarter earnings. The company's revenue reached $10.72 billion, beating Wall Street estimates, driven by high demand for its AI chips. Its Infrastructure Software segment, which includes AI networking solutions, saw an 11% increase in revenue to $5.17 billion. Broadcom also gave an optimistic outlook for the third quarter, projecting $10.95 billion in revenue. Analysts from Morgan Stanley and Barclays raised their price targets for Broadcom, showing confidence in its AI market growth.

IREN stock jumps 20 percent on Microsoft deal

IREN stock soared 20% on Monday following news of a nearly $10 billion deal with Microsoft. Under this agreement, IREN will provide Microsoft with access to Nvidia chips. This deal is a major win for IREN, which has been working to improve its business. Investors are very excited about this partnership, seeing it as a strong sign for the company's future.

Evercore ISI predicts S&P 500 will reach 7750 by 2026

Evercore ISI remains very optimistic about the future of U.S. stocks. The firm repeated its prediction that the S&P 500 will reach 7,750 by the end of 2026. This forecast is based on the ongoing strong performance of sectors connected to artificial intelligence. Evercore ISI believes AI momentum will continue to drive market gains.

BigBear.ai shares drop 9.9 percent

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares dropped 9.9% on Friday. The company specializes in creating AI decision-making software for the U.S. government and its allies. BigBear.ai provides predictive analytics and artificial intelligence solutions to help defense and intelligence communities make better decisions. Its technology offers real-time insights and predictive capabilities to anticipate threats and optimize operations. Despite the recent stock decline, BigBear.ai remains an important player in the defense technology sector.

Sources

• Donut Labs raises $22 million for the world’s first agentic crypto browser designed for traders
• Donut Labs secures $22M for AI crypto trading browser, gaining 160K waitlist users
• Donut Labs Raises $15M Seed Funding to Build AI-Powered Crypto Trading Browser
• Amazon’s AI initiatives boost quarterly sales to $180.2 billion
• US' Amazon's Q3 net sales surge 13% to $180.2 bn as AI boosts growth
• Westpac’s CEO On Interest Rates, AI and Working From Home
• Nvidia Eyes $1B Investment in AI Startup Poolside at $12B Valuation
• What Sysco (SYY)'s AI Sales Launch and Higher Dividend Mean for Shareholders
• Broadcom (AVGO) Surged on Exceptional Demand for AI Chips
• An under-the-radar AI stock is surging on news of a blockbuster deal with Microsoft
• Evercore ISI forecasts S&P 500 hitting 7,750 by 2026 as AI momentum powers gains
• BigBear.ai (NYSE:BBAI) Trading Down 9.9%