microsoft, amazon and nvidia Updates

The artificial intelligence sector continues to drive significant market activity and strategic partnerships, with major players like Microsoft, Amazon, and Nvidia making substantial moves. Microsoft recently finalized a five-year, $9.7 billion agreement with IREN, a former Bitcoin miner now pivoting to AI infrastructure. This deal secures AI cloud capacity for Microsoft's Azure services and addresses the high demand for GPUs, with IREN planning to purchase $5.8 billion in Nvidia GB300-based GPUs from Dell. IREN's shares saw a significant jump, rising over 30% on November 3, 2025, and nearly 600% throughout the year, underscoring the successful shift from cryptocurrency mining to AI computing. Amazon is also heavily investing in its AI capabilities, unveiling Project Rainier, a massive $11 billion AI data center near Lake Michigan. This facility, already operational, utilizes nearly 500,000 custom-built Trainium2 chips to train large AI models, including those for Anthropic, a startup Amazon has funded with $4 billion. Additionally, Amazon announced a $38 billion agreement with OpenAI, further solidifying its position in the competitive AI market. These developments helped Amazon's stock rally 4% on November 3, 2025. Meanwhile, Wall Street futures climbed on Monday, November 3, 2025, driven by optimism for AI demand and a US-China trade truce. President Donald Trump's statement about keeping Nvidia's most advanced chips for US companies contributed to Nvidia shares rising 1.6% in premarket trading and 2.2% during the day. This comes as Trump and Chinese President Xi Jinping agreed to delay reciprocal tariffs for one year, though reports of potential US restrictions on AI hardware exports to China also led to a rise in gold and silver prices due to safe-haven demand. Upcoming earnings reports from Palantir Technologies and Advanced Micro Devices (AMD) are drawing significant investor attention to AI stocks. Analysts anticipate Palantir to report approximately 50% revenue growth and 70% higher earnings, fueled by strong demand for its AI platforms. AMD is forecasted to achieve around 28% revenue growth and 27% EPS growth, boosted by its data-center chips and partnerships with OpenAI and Oracle. Both companies have seen substantial stock gains in 2025, with Palantir up 145% and AMD over 110%. In other AI-driven growth, ServiceNow reported strong third-quarter earnings and raised its full-year guidance, driven by demand for its AI-driven workflow automation solutions. The company also formed key partnerships, including one with NVIDIA, and announced a five-for-one stock split. The growing energy demands of AI data centers are also creating opportunities, with analysts identifying coal producers, natural gas midstream companies like Enbridge and Energy Transfer LP, and utility-related firms such as GE Vernova and Siemens Energy as top beneficiaries. Even the trading sector is seeing AI integration, with Option Circle, an AI-powered trading platform, partnering with Market Rebellion to bring institutional-grade strategies to retail traders, having already gained over 5,000 registered users since its beta launch in late 2024.

Key Takeaways

• Microsoft signed a five-year, $9.7 billion agreement with IREN for AI cloud capacity, making IREN its largest customer.
• IREN, a former Bitcoin miner, is pivoting to AI infrastructure, purchasing $5.8 billion in Nvidia GB300-based GPUs from Dell.
• Amazon unveiled Project Rainier, an $11 billion AI data center near Lake Michigan, utilizing nearly 500,000 custom Trainium2 chips.
• Amazon announced a $38 billion agreement with OpenAI and has funded Anthropic with $4 billion.
• Nvidia shares rose on November 3, 2025, partly due to President Trump's intent to keep advanced AI chips for US companies.
• Palantir Technologies is expected to report 50% revenue growth and 70% higher earnings, while AMD is forecasted for 28% revenue growth and 27% EPS growth, driven by AI demand.
• ServiceNow reported strong Q3 earnings, raised full-year guidance, and announced a five-for-one stock split, fueled by AI-driven workflow solutions and partnerships, including with NVIDIA.
• Wall Street futures climbed on November 3, 2025, driven by optimism for AI demand and a US-China trade truce, despite a broader market decline.
• Gold and silver prices increased due to safe-haven demand following reports of potential US restrictions on AI hardware exports to China.
• Analysts identified energy companies, including coal producers and natural gas midstream firms, as top beneficiaries of the growing electricity demand from AI data centers.

Microsoft signs huge AI cloud deal with IREN

Microsoft signed a $9.7 billion agreement with IREN for AI cloud capacity. This five-year deal helps Microsoft meet the high demand for Azure AI services and address GPU shortages. IREN, a former Bitcoin miner, is transitioning to become an AI infrastructure provider. The company will buy $5.8 billion in Nvidia GB300-based GPUs from Dell and expects $1.9 billion in annual revenue from this deal. This news caused IREN's shares to jump over 30% on November 3, 2025.

IREN's $9.7 billion Microsoft deal boosts AI pivot

Bitcoin miner IREN secured a five-year, $9.7 billion agreement making Microsoft its largest customer. This deal shows that Bitcoin miners are successfully shifting their focus from cryptocurrency mining to artificial intelligence computing. IREN will use Microsoft's Azure cloud services for its AI operations. The large value of this partnership highlights the increasing demand for AI computing and the potential for companies like IREN to grow beyond the volatile crypto market.

IREN stock soars on $9.7 billion Microsoft AI deal

Shares of IREN, an Australian Bitcoin miner and data center company, surged to a record high after announcing a $9.7 billion deal with Microsoft. Under this agreement, Microsoft will gain access to Nvidia GB300-based AI systems. IREN plans to spend $5.8 billion to purchase Nvidia chips from Dell Technologies to support this expansion. This move shows IREN's pivot to providing AI infrastructure, capitalizing on the high demand for computing power. IREN's shares are up nearly 600% in 2025.

Gold and silver rise on Trump's AI export limits to China

Gold and silver prices increased on Monday, November 3, 2025, due to modest safe-haven demand. This rise followed reports that US President Donald Trump might restrict exports of advanced artificial intelligence hardware to China. On the Multi Commodity Exchange, December gold futures went up by Rs 483, while December silver futures jumped by Rs 909. In international markets, Comex gold futures rose 0.27% to USD 4,007.45 per ounce, and silver increased by 0.66% to USD 48.48 an ounce.

Wall Street futures climb on AI hopes and US China trade deal

Wall Street futures rose on Monday, driven by optimism for artificial intelligence demand and a US-China trade truce. The S&P 500 had its sixth straight monthly gain in October, and the Nasdaq saw its longest streak since January 2018. President Donald Trump stated that Nvidia's most advanced chips will be kept for US companies, causing Nvidia shares to rise 1.6% in premarket trading. Trump and Chinese President Xi Jinping also agreed last week to delay reciprocal tariffs for one year. Investors await earnings from semiconductor firms like AMD and Qualcomm this week for more clues on AI demand.

Option Circle AI trading platform partners with Market Rebellion

Option Circle, an AI-powered trading platform, signed a Letter of Intent with Market Rebellion, led by Jon and Pete Najarian. This partnership will bring institutional-grade strategies to retail traders. Option Circle helps traders avoid emotional decisions by using AI agents to monitor markets and execute trades automatically with a no-code interface. The platform recently launched its Volatility Intelligence Engine and an institutional-grade backtesting engine. Since its beta launch in late 2024, Option Circle has gained over 5,000 registered users and 200 paying subscribers.

Palantir and AMD earnings reports highlight AI stock focus

Palantir Technologies and Advanced Micro Devices AMD are set to report their third-quarter earnings this week, drawing significant attention to AI stocks. Analysts expect Palantir to show about 50% revenue growth and 70% higher earnings, driven by strong demand for its AI platforms. AMD is forecast to have around 28% revenue growth and 27% EPS growth, boosted by its data-center chips and partnerships with OpenAI and Oracle. Both companies' stocks have seen substantial gains in 2025, with Palantir up 145% and AMD over 110%. Investors are closely watching these reports for signs of continued AI demand.

Amazon launches Project Rainier AI data center

Amazon.com Inc. unveiled Project Rainier, a massive $11 billion artificial intelligence data center near Lake Michigan. This sprawling facility, built on a 1,200-acre site, is already operational and uses nearly 500,000 custom-built Trainium2 chips. Project Rainier is designed to train large AI models, including those for Anthropic, a startup Amazon has funded with $4 billion. This significant investment boosts Amazon's AI infrastructure, helping it compete more effectively with rivals like Microsoft and Google in the fast-growing AI market.

ServiceNow boosts growth with AI partnerships and stock split

ServiceNow's investment story has changed due to strong third-quarter earnings, higher full-year guidance, and major advancements in AI. The company saw strong demand for its AI-driven workflow automation solutions. ServiceNow also formed key partnerships with industry leaders like FedEx Dataworks and NVIDIA. Amid this positive momentum, ServiceNow announced a five-for-one stock split, which often shows confidence in future growth. The widespread use of its AI-powered offerings across many sectors reinforces its commitment to digital transformation for businesses.

ETFs respond to trade truce AI buzz and major mergers

Stock and sector ETFs reacted on Monday to a US-China trade truce, renewed excitement about artificial intelligence, and a $48 billion merger between Kimberly-Clark and Kenvue. Major index-tracking ETFs like the SPDR S&P 500 and Invesco QQQ Trust saw gains. Technology and chip funds led the market, with XLK up 0.9%, IYW up 0.6%, and XSD rallying 1.6% due to ongoing AI demand. In contrast, Kimberly-Clark's shares fell over 14% after announcing its plan to acquire Kenvue, while Kenvue's shares rose 12.3%. Bitcoin and related crypto ETFs struggled in early trading.

Top energy stocks for AI demand identified by analysts

Seeking Alpha analysts have identified several energy stocks that are most attractive due to the growing demand for energy from artificial intelligence. Coal producers like Alliance Resource Partners, natural gas midstream companies such as Enbridge and Energy Transfer LP, and utility-related firms like GE Vernova and Siemens Energy are seen as top beneficiaries. These companies are favored because coal and natural gas remain key fuels for electricity needed by AI data centers. The chosen firms also offer strong distribution yields and free cash flow.

AI stocks boost Wall Street despite broader market decline

On Monday, November 3, 2025, AI-focused companies like Nvidia, Amazon, IREN, and Palantir Technologies helped lift Wall Street, even as most other stocks fell. Nvidia rose 2.2%, Amazon rallied 4% after announcing a $38 billion agreement with OpenAI, and IREN jumped 11.5% due to a $9.7 billion Microsoft contract. Palantir Technologies also climbed 3.3% before reporting its quarterly results. Meanwhile, Kimberly-Clark dropped 14.6% after announcing its plan to buy Kenvue for $48.7 billion, while Kenvue's shares rose 12.3%. A discouraging report showed US manufacturing activity shrank more than expected, with President Donald Trump's tariffs causing financial pain for some manufacturers.

Sources

• IREN Stock News: Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart
• Microsoft's $9.7 billion deal with IREN shows bitcoin miners' AI pivot is paying off
• This Bitcoin Miner's Stock Is Soaring on a $9.7B AI Data Center Deal With Microsoft
• Gold, Silver Climb Higher, Buoyed By Modest Safe-Haven Demand Amid US President Trump's Export Restriction Of Advanced AI Hardware To China
• Wall Street futures rise on AI optimism, US-China trade truce
• Most Traders Lose to Themselves. This AI Platform Just Signed an LOI With Market Rebellion—And the Raise Closes Nov 13.
• Palantir and AMD Earnings Showdown: Why AI Stocks Could Soar or Sink This Week
• Amazon.com Inc. (AMZN) Project Rainier Signals AI Infrastructure Breakthrough
• How AI Partnerships and a Stock Split at ServiceNow (NOW) Have Changed Its Investment Story
• ETFs React To Trade Truce, AI Buzz, And Big Mergers
• SA Asks: What's the most attractive AI energy stock right now?
• AI darlings prop up Wall Street as most other stocks fall