ESERIES NOW NEWS · AI BUSINESS
Updated 30 Oct 2026, 7:30 AM Dubai time (UTC+4) · AI-assisted summary, human-checked · Every item links its original sources
Two company results that show how much money is flowing into AI, explained in plain English. Information only, not investment advice.
Amazon: AWS cloud growth hits 39%, AI spending keeps cash flow negative
Results released 29 Oct 2026 (US time; overnight in Dubai)
Amazon said net sales rose 12% to $201.9 billion in the July–September quarter, and its AWS cloud unit grew 39.3%, its fastest growth in nearly five years (about $46 billion in sales, per CNBC). The company kept its forecast of about $220 billion in cash capital spending for 2026. Free cash flow over the past 12 months turned into a $42.4 billion outflow, which Amazon linked mainly to its investment in artificial intelligence.
Why it matters: Demand for AI computing in the cloud is growing fast, and the cost of building it is also very large. Cloud AI tools that small businesses use run on this infrastructure.
Sources: Amazon (official results) · CNBC
Samsung reports record quarterly profit as AI memory sales climb
Results released 29 Oct 2026 (Seoul)
Samsung Electronics reported record third-quarter operating profit of KRW 107.4 trillion on revenue of KRW 195.3 trillion, both all-time quarterly highs. The company said it significantly scaled up sales of HBM4, the high-bandwidth memory used in AI servers. Yonhap reported that HBM4 revenue more than tripled from the previous quarter and that Samsung said its HBM supply for 2027 is already sold out.
Why it matters: AI servers need large amounts of fast memory, and record chip profits show how strong that demand is. Tight supply can keep AI hardware costs high.
Sources: Samsung Global Newsroom · Yonhap News Agency
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