CNBC November 3, 2025
Key Points
– Palantir’s third-quarter results beat estimates but shares fell in extended trading.
– OpenAI signed an deal to use Amazon’s cloud services, diversifying from Microsoft.
– Microsoft gets permit from Trump administration to ship Nvidia chips to UAE.
– U.S. markets mostly rose, boosted by tech shares, but the Dow Jones Industrial Average fell.
– There are risks that might derail the upward trajectory of European stock markets.
The “everything store” might have secured its biggest customer yet.
On Monday, Amazon announced that it had signed a $38 billion deal with OpenAI, offering the ChatGPT maker access to Amazon Web Services’ infrastructure.
On the one hand, the move isn’t too surprising — a continuation of OpenAI’s spending...
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