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Elon Musk revealed: He once strongly advocated for OpenAI to choose Microsoft over Amazon for collaboration, and Bezos was a bit "self-righteous."

In 2016, Musk suggested to OpenAI co-founder Altman to prioritize Microsoft over Amazon as a cloud service partner, and in an email, he commented that Amazon CEO Bezos was "a bit too clever for his own good." Altman also criticized Amazon's terms as harsh and its technology as subpar in his reply

Wallstreetcn·
NA
OpenAI
0.00%
US
MSFT
+0.70%
US
AMZN
+0.39%
Wallstreetcn·
NA
OpenAI
0.00%
US
MSFT
+0.70%
US
AMZN
+0.39%

EXCLUSIVE -China's customs agents told Nvidia's H200 chips are not permitted, sources say

Chinese customs authorities have reportedly informed agents that Nvidia's H200 AI chips are not permitted to enter China, raising concerns about a potential ban. The motives behind this directive remain unclear, with speculation that it may be aimed at promoting domestic chip companies or as a bargaining tactic in U.S.-China relations. The U.S. recently approved H200 exports to China, but restrictions on high-end chip exports have been in place since 2022. Chinese firms have placed significant orders for the H200, which is considered crucial for AI development.

Reuters·
US
NVDA
-0.44%
US
NVDL
-0.84%
HK
07788
-5.36%
Reuters·
US
NVDA
-0.44%
US
NVDL
-0.84%
HK
07788
-5.36%

US stock market close | Dow Jones up 0.66%, Micron Tech up over 10%, Tesla down 2.59%

The three major U.S. stock indices closed overall at high levels, with the Dow Jones rising 0.66%, the S&P 500 slightly up 0.19%, and the Nasdaq slightly down 0.03%. The semiconductor sector performed outstandingly, with Micron Tech soaring 10.51% and Nvidia rising 1.26%. The automotive manufacturing sector was volatile, with Tesla dropping 2.59%. There was a clear divergence among sectors, with tech leaders strongly rising and some popular stocks showing significant fluctuations. Macroeconomic indicators show that the Federal Reserve maintains high interest rates, and overall economic data remains robust, with the market focusing on expectations of a soft landing for the economy

Market Heartbeat·
US
MU
+7.76%
US
TSLA
-0.24%
US
NVDA
-0.44%
Market Heartbeat·
US
MU
+7.76%
US
TSLA
-0.24%
US
NVDA
-0.44%

BUZZ-Broadcom gains; Mizuho raises PT on AI chip growth expectation

Networking and custom AI chipmaker Broadcom’sshares rise ~1% to $335.60 premarketMizuho raises PT to $480 from $450, implying an upside of 44.4% to stock’s last closeBrokerage says AVGO is well positioned to remain leader in AI chips industryMizuho expects Broadcom’s custom AI chip shipments to grow 43% per year from 2023 to 2027Avg. rating of 49 analysts is “buy”, their median PT is $461 - data compiled by LSEGAVGO gained 49.3% in 2025

Reuters·
US
AVGO
+2.53%
Reuters·
US
AVGO
+2.53%

Amazon's stock could face this sneaky AI risk

Amazon's stock faces potential risks from the rise of "agentic commerce," where AI agents handle shopping autonomously, possibly reducing traffic to Amazon's site and impacting its advertising revenue. Analyst Josh Beck lowered the price target to $260, warning that if fewer consumers start their searches on Amazon, retail growth could fall below current estimates. While some analysts see potential for Amazon to leverage its AI technology, uncertainty remains a challenge for the company, which has struggled to maintain investor confidence amid competition in the AI space.

Dow Jones·
US
AMZN
+0.39%
US
AMZU
+0.62%
Dow Jones·
US
AMZN
+0.39%
US
AMZU
+0.62%
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