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On its recent earnings call, Amazon said AI demand is fueling faster AWS growth, but capacity still remains limited.
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Apple stock falls on weak revenue forecast as CEO Tim Cook flags 'increasing impact' from memory shortage finance.yahoo.comTim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood' in memory chip pricing finance.yahoo.comApple stock sinks 10% after Tim Cook warns of ‘100-year flood' in memory prices New York PostApple earnings takeaways: Weak forecast, supply concerns overshadow sales beat in Cook's last report as CEO
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Shell, Exxon and Chevron report their quarterly earnings this week, and are expected to announce high profits.
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Investors are reacting negatively to weak guidance brought on by supply-chain pressures.
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