Amazon Explodes 13% (And the Government Shutdown Just Hit One Month)

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Today on the show:

Amazon Stock Surges 13% on Explosive Cloud Growth and AI Spending Plans - Amazon reports 20% cloud revenue growth and hikes 2025 CapEx guidance to $125 billion with plans for even more in 2026; stock surges on massive AI infrastructure commitment

Apple Beats Expectations as Tim Cook Says iPhone 17 Demand "Off the Chart" - Shares rise 2% after beating estimates; CEO declares iPhone 17 demand exceptional; Apple differentiates with conservative AI spending approach versus competitors

Netflix Announces 10-for-1 Stock Split, Shares Rise 3% - Streaming giant's cosmetic split aims to attract retail investors by making shares more affordable; stock climbs on announcement

Airlines Unite to Demand End to 31-Day Government Shutdown - Delta, United, and American join White House roundtable with VP Vance; air traffic controllers miss first full paychecks; Chamber of Commerce says contractors losing $3 billion per week; CBO warns $7 billion GDP already wiped out

Chevron Beats Expectations with Record Production While Exxon Misses Revenue - Chevron posts record 4.1 million barrels daily production from Hess acquisition; Exxon reports revenue miss with net income down 12% to $7.55 billion

Automakers Face New Chip Shortage Nightmare After China Blocks Exports - China blocks Nexperia chip exports after Dutch government takeover; automakers set up "war rooms"; Honda reduces production; Stellantis tumbles 9.5% on one-off costs

Chocolate Prices Up 30% Since Last Halloween as Consumers Shift to Cheaper Candy - Chocolate up 78% over five years; share of Halloween candy sales drops from 52% to 44% as consumers choose cheaper alternatives amid sticker shock

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