US stock market opens: Nasdaq 100 index rises 1%, Amazon rises over 4%
The opening situation of the US stock market is good, with the Nasdaq 100 index rising by 1% and Amazon up over 4%. The S&P 500 index increased by 0.6%, and the China concept index rose by 0.3%. Apple and Google are collaborating to develop the Gemini model, which is expected to showcase the new system at WWDC. Google's parent company Alphabet plans to issue €3 billion in bonds in Europe to support AI and cloud infrastructure spending. Microsoft has signed a $9.7 billion agreement with IREN, investing $7.9 billion in AI and cloud infrastructure in the UAE
At the beginning of the U.S. stock market, the S&P 500 index rose by 0.6%, the Nasdaq 100 index rose by 1%, Amazon rose by 4.6%, and Micron Technology and NVIDIA rose by more than 2%. The China concept index rose by 0.3%. Apple will collaborate with Google to pay for the development of an Apple-exclusive Gemini model to support Siri; Apple is expected to showcase the new system version at WWDC in June next year. Google's parent company Alphabet plans to issue at least €3 billion in bonds in Europe to support its record capital expenditures in artificial intelligence (AI) and cloud infrastructure. IREN signed a $9.7 billion agreement with Microsoft to provide cloud computing services in Texas, USA. Microsoft will invest over $7.9 billion in the UAE between 2026 and 2029, with more than $5.5 billion allocated for the expansion of artificial intelligence and cloud infrastructure. Microsoft has obtained export licenses to export NVIDIA's A100, H100, and H200 GPUs to the UAE.
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