Nearly 30,000 pounds of raw beef recalled over missed import inspection

Impact · against what's priced in

The article provides negligible updates for Amazon and NVIDIA, as the robotaxi launch is a small step in a venture the market has not yet valued, and the AI financing deal is a broad infrastructure catalyst. J.P. Morgan's ROI commentary serves as external validation for the AI spend that the market currently views with skepticism.

AMZN+0.10

Not in the price yet

The price assumes

that $200-220bn/yr of AI capex earns its cost of capital