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Amazon conference call: The company will become "stronger" in the trade war, expanding the Q2 guidance range and "removing some commodities" to maintain low stock prices.
The Amazon CEO likened the current tariff war to the COVID-19 pandemic, believing that the company will replicate the success it had during the pandemic in this tariff battle. In response to the uncertainty of tariffs, Amazon has expanded its guidance range, anticipating operating profits for the second quarter to be between $13 billion and $-17.5 billion. In addition, AWS is currently increasing its capacity to meet the growing market demand.
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Microsoft has extended an invitation to Musk for Grok AI to settle on Azure, causing further waves in the relationship with OpenAI.
According to reports, Microsoft is currently in talks with xAI, which is owned by Musk, to host the Grok AI model via Azure Cloud Computing Service, and to make it available to Microsoft customers and its own product teams. Analysts believe that this move may cause internal controversy at Microsoft and further escalate tensions with its partner OpenAI.