AMD Revenue Surges 45% to $13.4B, Shares Jump

Key Takeaways

• AMD reported Q3 revenue of $13.4 billion, up 45% YoY, and expects 66% growth in Q4.
• Alphabet, Amazon, and Microsoft are recommended as safer AI stock picks than Anthropic ahead of its IPO.
• Amazon's net sales rose 12% to $201.9 billion, with AWS cloud services growing 39%.
• Japan's Nikkei fell 3.1% as AI stocks dropped 4.4% on US midterm election regulatory fears.
• C3.ai closed at $11.55 but is flagged as overvalued with a fair value of $8.90 by analysts.
• Nexus Mods now requires AI disclosure for all new mod uploads while allowing AI-assisted content.
• Shield AI completed its X-BAT drone prototype, with flight testing underway and production planned for 2029.
• CrowdStrike honored five European customers at Fal.Con Europe 2026 for cybersecurity and AI innovation.
• Over 77% of insurance executives say failing to adopt AI will hurt competitiveness within five years, per KPMG.
• UK facial recognition systems have wrongly flagged shoppers for theft, causing distress and bureaucratic challenges.

AMD predicts 66 percent growth for next quarter

AMD reported third-quarter revenue of 13.4 billion dollars, which is a 45 percent increase from the same time last year. Data center sales nearly doubled to 8.5 billion dollars, driving a 97 percent rise in that specific revenue stream. The company expects revenue to grow by about 66 percent in the fourth quarter, but it has increased debt and inventory to support this expansion. Shares rose 6.5 percent in after-hours trading following the announcement of these strong financial results.

Alphabet Amazon and Microsoft offer safer AI investments

Investors looking for artificial intelligence stocks might prefer Alphabet, Amazon, and Microsoft over Anthropic due to their stability and profitability. Alphabet generated 127.6 billion dollars in revenue for the September quarter, while Amazon saw net sales rise 12 percent to 201.9 billion dollars. Microsoft reported a 19 percent growth rate with 92.3 billion dollars in revenue during the same period. These three tech giants provide exposure to AI growth without the high risks associated with a new company going public.

Big tech giants are safer AI stock choices than Anthropic

Alphabet, Amazon, and Microsoft are recommended as better and safer investment options compared to Anthropic, which is preparing for an initial public offering. Alphabet's Gemini chatbot and strong revenue of 127.6 billion dollars make it a solid choice for investors seeking AI exposure. Amazon benefits from its cloud services and has invested billions in Anthropic, offering indirect investment opportunities. Microsoft continues to grow its AI capabilities across products like Office, reporting 92.3 billion dollars in revenue recently.

Established tech firms provide stable AI investment options

Alphabet, Amazon, and Microsoft are presented as safer alternatives to Anthropic for investors interested in the artificial intelligence market. Alphabet reported 127.6 billion dollars in revenue and trades at a forward price-to-earnings multiple of 18. Amazon's net sales reached 201.9 billion dollars, with its cloud services growing by 39 percent. Microsoft maintains strong growth with 92.3 billion dollars in revenue and high profit margins. These companies offer long-term stability compared to the unprofitable Anthropic.

Amazon grows fast while Target faces spending challenges

Amazon and Target show very different revenue trends as Amazon expands through cloud computing and e-commerce while Target struggles with consumer spending habits. Amazon reported third-quarter revenue of 201.9 billion dollars, a 12 percent increase, driven by strong performance in its AWS cloud platform. Target saw net sales rise 5.3 percent to 26.5 billion dollars in the second quarter of fiscal 2026, but growth remains modest compared to Amazon. The data highlights how Amazon's diversified business model helps it sustain growth better than retailers relying on discretionary spending.

C3.ai stock returns to focus after recent price slide

C3.ai closed at US$11.55 on 2 November, dropping 2.53% in a weak trading session. The stock gained 4.81% over 30 days and 16.45% over 90 days, but is still down 16.07% year to date and 26.87% over one year. Analysts list a fair value of $8.90, marking the stock as overvalued. The company needs to turn its improving bookings and federal demand into sustainable profitability.

C3.ai stock valuation questioned amid sales decline

C3.ai's share price has fallen 77.3% over the past five years. The stock trades at about 8.0x P/S, more than double the software sector average of 3.8x. Its current valuation leans heavily on its association with larger AI platform providers rather than its revenue base. Community views are split, with some seeing the federal pivot as a path to value and others seeing expectations running too high against fragile revenue.

Japan Nikkei falls 3% as US midterms shake AI stocks

Japan's Nikkei average dropped 3.1% to 61,127.9 on Wednesday. AI-related stocks fell 4.4% due to concerns that Democratic gains in US midterms could lead to stricter rules on AI projects. SoftBank Group fell 5.6% and Tokyo Electron dropped 5.4%. Investors worry that tighter regulation could slow AI infrastructure spending and hurt companies providing AI services.

Nikkei hits 3-month low on AI stock tumble and US election fears

Japan's Nikkei average fell 1.4% to 27,144.19, its lowest level since September 15. The broader Topix index also dropped 1.3%. The decline was led by a 4.4% fall in AI-related shares, which were the worst performers. Analysts say investors are nervous about potential regulatory impacts from US election uncertainty. The financial and consumer sectors also weighed on the market.

KPMG report explores how insurance can unlock AI value

A KPMG report finds that many insurers focus on using AI to improve existing processes rather than redesigning how they create value. Over 77% of insurance executives believe that failing to respond to AI will hurt their competitiveness within five years. The report introduces a three-horizon framework for AI transformation and offers steps to redesign customer experiences and business models. It encourages insurers to move beyond experimentation toward sustainable competitive advantage.

CrowdStrike refines AI SOC vision amid agentic security uncertainty

CrowdStrike is evolving its AI-powered Security Operations Center vision. The company faces new challenges from agentic AI uncertainty in cybersecurity. Its approach aims to address emerging complexities in automated threat response.

CrowdStrike names 2026 European Customer Impact Award winners

CrowdStrike recognized five European customers at Fal.Con Europe 2026 for cybersecurity innovation. Santander, Maersk, Capgemini, Booking.com, and Schwarz Digits received awards. The event drew over 3,000 attendees from 1,200 organizations across 83 countries. Winners were honored for leadership, community impact, transformation, AI innovation, and platform pioneering.

Apple offers costly refuge in an uncertain AI market

Apple stands as an expensive but potentially safe haven for investors amid AI market volatility. The article also discusses concerns about a possible bear market and the growing use of AI tools for personal advice. China's securities regulator also moved to slow down IPO applications to support its struggling stock market.

AI facial recognition wrongly flags shoppers for theft in UK stores

AI-powered facial recognition systems in UK stores have wrongly flagged shoppers as thieves, leading to ejections and distress. A Budgens store removed a woman for allegedly stealing meat, while another couple was kicked out of Home Bargains. Civil liberties groups warn that false accusations create Kafkaesque bureaucracy. Affected shoppers struggle to clear their names and may need to share more personal data through Subject Access Requests.

Shield AI completes X-BAT drone prototype and moves it to testing

Shield AI finished building its X-BAT drone prototype after about one year and sent it to a flight test facility in Newton, Kansas. The drone uses Hivemind AI autonomy software and features stealth design, supersonic speed, and a 1,000 nautical mile combat radius. It can take off and land vertically from ships, islands, and austere sites. Shield AI plans to fly the missionized X-BAT in 2028 and begin production in 2029.

Nexus Mods requires AI disclosure for all new mod uploads

Nexus Mods, a major PC gaming mod site, now requires mod authors to declare if AI was used in their work. The site already has tags for AI-generated and AI-assisted mods but wants clearer disclosure for users. Site owner Victor Foledinho Folmann says the platform supports human creativity but will not ban AI-generated mods outright. AI is used across creation processes like script completion, texture generation, voice creation, and asset production, making clear boundaries difficult. Nexus Mods also will not use mods to train AI or sell them to those who would. The site is adding controls to limit how many mods one author can show at once and restrict uploads from new accounts. Users will also get options to hide AI-generated content on game pages and in search results.

Sources

• AMD Forecasts 66% Q4 Growth on AI Chip Demand: Rapid Earnings Reaction
• 3 Artificial Intelligence (AI) Stocks That Are Better and Safer Buys Than Anthropic
• 3 Artificial Intelligence (AI) Stocks That Are Better and Safer Buys Than Anthropic
• 3 Artificial Intelligence (AI) Stocks That Are Better and Safer Buys Than Anthropic
• Amazon vs. Target: One Is Riding the AI Boom, While the Other Faces a Consumer Spending Squeeze
• C3.ai (AI), Why Is The Stock Back In Focus?
• Is C3.ai (AI) Stock Too Pricey For Its Current Sales?
• Japan's Nikkei drops 3% as Democratic gains in US midterms hit AI stocks
• Nikkei slides to 3-month low as AI stocks tumble on US election jitters
• Unlocking AI value in insurance
• CrowdStrike’s AI SOC vision evolves as agentic uncertainty adds new twist
• CrowdStrike Celebrates 2026 European Customer Impact Award Winners Shaping AI Security
• Apple Can be an Expensive AI Safe Haven
• AI facial recognition flags shopper for stealing 'loads of meat' from store she hadn't visited in months
• Shield AI Moves X-BAT Drone Into Testing After Rapid Prototype Construction | Air & Space Forces Magazine
• The biggest modding site in PC gaming is taking a stance on AI