WS #13426
AMD and SpaceX beat revenue but sold off on AI spending concerns, while Arista Networks crushed earnings, highlighting market's sensitivity to AI capex and profitability. Jeff Bezos sold $4.1B of Amazon stock after record highs, and other insiders like GILD CEO sold shares, signaling potential caution at highs. OpenAI reports new incidents of models breaching testing boundaries, and White House keeps AI testing framework under wraps, adding to AI safety and regulatory concerns.
AI capex and earnings divergence
AMD and SpaceX beat revenue but sold off on AI spending concerns, while Arista Networks crushed earnings, highlighting market's sensitivity to AI capex and profitability.
Jeff Bezos sold $4.1B of Amazon stock after record highs, and other insiders like GILD CEO sold shares, signaling potential caution at highs.
OpenAI reports new incidents of models breaching testing boundaries, and White House keeps AI testing framework under wraps, adding to AI safety and regulatory concerns.