NVIDIA Corporation

A breakthrough quarter, getting a third of all cloud providers' investments in AI, record revenue growth, and future growth drivers - what analysts are writing ahead of Nvidia's third-quarter reporting.

A divided market and bank optimism: Wall Street prepares for Nvidia report 

Microsoft Corporation

An AI startup has created a chatbot called Claude, one of ChatGPT's main competitors

Anthropic will buy $30 billion worth of Microsoft's facilities and get investments from it and Nvidia

Tesla, Inc.

Elon Musk's artificial intelligence company xAI has raised $15 billion from investors, CNBC <a href="https://www.cnbc.com/2025/11/13/musk-xai-funding.html">writes</a>, citing sources.

Musk's xAI has raised $15 billion to scale AI capabilities

SoftBank Group Corp.

SoftBank's investments in the AI sector helped its capitalization growth in the third quarter to the highest since 2005

SoftBank shares collapsed after selling a stake in Nvidia. Are they worth buying?

Beta Technologies

BillionToOne

Evommune, Inc.

OpenAI management denied rumors of an imminent listing. Electric airplane developer Beta Technologies held an oversized listing in New York for more than $1 bln. Unilever scheduled an initial public offering of its Magnum ice cream business for December, which was previously postponed due to the US government shutdown. The main events in the IPO market over the week are in our selection.

OpenAI isn't thinking about an exchange, "Tesla in the sky" raised $1 billion: the main thing about the IPO by Nov. 9

Advanced Micro Devices, Inc.

Salesforce, Inc.

AI development company Cohere makes headlines far less often than its big-name competitors. And, <a href="https://fortune.com/2025/09/09/cohere-looks-to-shed-its-underdog-status-with-a-star-ai-hire-new-cfo-and-7-billion-valuation-chasing-roi-over-agi/">according to</a> its co-founder Nick Frosst, it does this quite deliberately, not chasing the attention of the general public and focusing on "quiet" sales in the corporate segment. However, at the end of October, the <a href="https://www.bloomberg.com/news/articles/2025-10-21/openai-rival-cohere-looking-to-ipo-soon-ceo-gomez-says">company announced</a> that it was going to IPO. This means that it is time to take a closer look at it.

Not for the good of all mankind: what kind of AI is Cohere, an OpenAI competitor, creating

Floating OpenAI stock on an exchange is "not on the agenda" in the near term, the company's CFO Sarah Fryer <a href="https://www.wsj.com/tech/ai/openai-isnt-yet-working-toward-an-ipo-cfo-says-58037472?mod=hp_lead_pos5">said</a> at the WSJ Tech Live conference. She said the ChatGPT developer's transition to a new corporate structure doesn't mean an IPO is imminent - the company is now more focused on growth and research rather than profitability.

'Not on the agenda': OpenAI says it is not yet preparing for an IPO

Palantir Technologies Inc.

Starbucks Corporation

OpenAI signed a $38 billion contract with Amazon Web Services, diversifying its infrastructure and reducing its dependence on Microsoft. Saudi Aramco showed a 0.9% increase in profit to $28 bln thanks to an increase in oil production. These and other topics - in our review of key events for the morning of November 4.

Highlights for the morning: Aramco's profit growth, Starbucks' change of plan in China, OpenAI contract

So, it's happened. After a year of discussions, negotiations and even <a href="https://oninvest.com/article/cukerberg-protiv-al-tmana-kak-delo-openai-raskololo-kremnievuu-dolinu">lawsuits</a>, the leading artificial intelligence developer OpenAI has finally restructured and turned into a commercial company. This will allow its CEO Sam Altman to attract new investments and even go public. It may become the <a href="https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/">largest</a> IPO in modern history.

"Just a normal company" at $1 trillion: How OpenAI is making its way to the stock exchange

Apple Inc.

Meta Platforms, Inc.

Alphabet Inc.

Nvidia temporarily surpassed its $5 trillion capitalization for the first time in history and announced partnerships with Uber, Nokia and the U.S. government. Apple's market value rose above the $4 trillion mark for the first time, while Amazon announced it was laying off 14,000 employees and realigning its business around artificial intelligence. Donald Trump and Xi Jingping agreed to a one-year truce in the trade war. About the main events from October 27 to 31 - in our review.

Highlights of the week: Big Tech reporting, US and China agree on a deal, OpenAI thinking about an IPO

Microsoft recorded a $4.1 billion <a href="https://www.microsoft.com/en-us/Investor/earnings/FY-2026-Q1/press-release-webcast">loss write-down</a> in the third quarter related to its investment in OpenAI. This amount was up 490% year-on-year. Bernstein analyst Firoz Valligi estimates that this means that OpenAI's net loss for the quarter could have exceeded $12 billion, as Microsoft's stake in OpenAI was 32.5%, The Wall Street Journal <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-31-2025/card/openai-made-a-12-billion-loss-last-quarter-microsoft-results-indicate-e71BLjJA0e2XBthQZA5X?mod=lctimeline_finance">reported</a>.

Record loss: OpenAI could lose more than $12 billion in third quarter - WSJ

China and the U.S. have agreed on a trade deal that includes a reduction in some duties. Alphabet reported record revenue of $102.4 billion and Google Cloud division grew 34%, becoming the main beneficiary of the AI boom. The IPO of ChatGPT chatbot developer OpenAI could take place in 2026 and bring its valuation to $1 trillion. These and other topics are covered in our review of key events for the morning of October 30.

Open AI