Amazon shares surge as AI boom fuels cloud growth; Nvidia boss says selling chips in China is Trump’s call – as it happened

The GuardianFriday, October 31, 2025 at 3:17:34 PM
Amazon shares surge as AI boom fuels cloud growth; Nvidia boss says selling chips in China is Trump’s call – as it happened
Amazon's shares have seen a significant surge, driven by the booming demand for cloud services fueled by advancements in AI technology. This growth is particularly noteworthy as it reflects a broader trend in the tech industry, where companies are increasingly leveraging AI to enhance their offerings. Additionally, Southern Water has lifted a hosepipe ban in Hampshire and the Isle of Wight, a decision made possible by recent rainfall. This is a relief for residents who faced restrictions during a dry spell, highlighting the importance of water management in response to changing weather patterns.
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