Caroline Hyde

Let's look at key name that has shifted in sentiment.

It was beaten up in November.

Now we're still up 2%, let's call it.

We're rolling over somewhat, but Palantir and other AI names have seen a bit of love today.

It seems as though Palantir could be a trillion dollar company.

That's what Dan Ives has been saying on the day, but really he's looking at big tech and Mag7 to add 20, 25% in terms of share growth for 2026.

But for now, we return to one of the key mag seven in that pile, and it is Amazon, and its AWS event is upon us in Las Vegas.

Ed, take it away.

Loving it.

Back here in New York, Ed, it's time for Talking Tech.

First up, Apple's head of AI, John Gianandrea.

Well, he's stepping down with plans to leave the company entirely in the spring.

The move caps a pretty tumultuous tenure that included a fumbled entry into generative AI.

Apple won't be directly replacing Gianandrea, instead opting to break up the AI team.

Plus, Samsung has unveiled its first tri-fold smartphone.

It's called Galaxy Z tri-fold, and the device contains two hinges that allow it to transform into a larger tablet-like device.

The phone is set to be released first in South Korea on December the 12th with a price of about $2,450.

And the U.S.

Commerce Department has agreed to invest as much as $150 million into X-Lite.

It's a chip startup where former Intel CEO Pat Gelsinger serves as executive chairman.