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Business briefing · Friday, October 30, 2026 · Evening edition · Story 1 of 5

  1. Amazon and Google face challenges with AI spending and revenue expectations

    Amazon missed revenue predictions despite strong AWS growth, and Google's AI hiring surge contrasts with broader AI cost concerns. Both companies are navigating the financial impacts of expanding AI infrastructure.

    Why it matters: The financial strain of AI investments is affecting major tech companies, influencing investor confidence and market performance.

    Sources: Forbes Business · Fortune · MarketWatch · CNBC · Business Insider

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