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Amazon Shares Hit AllTime High Following $38 Billion OpenAI Cloud Services Contract

Amazon’s stock soared to an alltime high after the announcement that its cloud unit, Amazon Web Services AWS, had secured a monumental sevenyear, $3

Amazon’s stock soared to an alltime high after the announcement that its cloud unit, Amazon Web Services AWS, had secured a monumental sevenyear, $38 billion deal to provide cloud services to OpenAI. The agreement, which provides the AI powerhouse with access to massive quantities of Nvidias specialized chips, is viewed as a major victory for Amazon in the intensifying AI cloud race. The deal significantly bolsters AWS’s position against rivals Microsoft Azure and Google Cloud, who have also courted large AI partnerships. Following the news on Monday, Amazon shares climbed four percent, adding nearly $140 billion to the companys market capitalization and validating AWSs capacity to deliver compute at an extraordinary scale. Read More..

B2B Tech News | 6 days ago        

EU Trade Delegation Arrives in New Delhi for Critical Round of India FTA Talks

A highlevel trade delegation from the European Union EU arrived in New Delhi on November 3rd to commence the critical 15th round of negotiations for t

A highlevel trade delegation from the European Union EU arrived in New Delhi on November 3rd to commence the critical 15th round of negotiations for the IndiaEU Free Trade Agreement FTA. The talks have accelerated following recent highlevel political meetings, but major stumbling blocks remain in key sensitive areas. The focus of this round is to finalize technical tariffs and market access, specifically addressing the differences over industrial tariffs, including for automobiles, and contentious rules regarding agriculture. Both sides are under pressure to reach an agreement framework by the end of December 2025, with a successful FTA expected to significantly boost bilateral trade in goods and services from its current level of over €120 billion. Read More..

B2B Tech News | 6 days ago        

China’s Manufacturing PMI Falls to 50.6 in October, Growth Slows Amid Trade Uncertainty

China’s RatingDog General Manufacturing PMI declined to 50.6 in October 2025, falling below the market consensus of 50.9 and dropping from September

China’s RatingDog General Manufacturing PMI declined to 50.6 in October 2025, falling below the market consensus of 50.9 and dropping from Septembers sixmonth high.The slowdown in factory activity expansion was attributed to softer growth in both new orders and output. Critically, foreign sales fell at the fastest pace since May, reflecting rising trade uncertainty in global markets. Despite the overall contraction in the pace of growth, new work inflows spurred a slight rise in employment for the first time in seven months. The data suggests Beijing may face renewed pressure to introduce further stimulus measures to support its exportdependent industrial sector. Read More..

B2B Tech News | 6 days ago        

Bharti Airtel Q2 Revenue Surges 2.8% Sequentially on Strong Subscriber Additions

Bharti Airtel is set to announce strong secondquarter results Q2 FY26 today, with analysts projecting consolidated revenue to increase 2.8% quarteronq

Bharti Airtel is set to announce strong secondquarter results Q2 FY26 today, with analysts projecting consolidated revenue to increase 2.8% quarteronquarter to ₹50,833.9 crore. This revenue growth is primarily driven by consistent subscriber additions and improved average revenue per user ARPU in the India wireless segment, which is expected to reach approximately ₹255. EBITDA is also anticipated to grow by 2.7%, reflecting disciplined cost management and a stable pricing environment in the highly competitive Indian telecom market. The results confirm Airtel’s sustained operational momentum and strategic market position. Read More..

B2B Tech News | 6 days ago        

India’s GST Collections Surge 4.6% YearonYear to Rs 1.96 Lakh Crore in October

Indias Goods and Services Tax GST revenue recorded robust growth in October 2025, increasing 4.6% yearonyear to ₹1.96 lakh crore approximately $23.5

Indias Goods and Services Tax GST revenue recorded robust growth in October 2025, increasing 4.6% yearonyear to ₹1.96 lakh crore approximately $23.5 billion. This positive performance comes despite several recent tax rate cuts announced by the GST Council ahead of the crucial festive season. The strong collections, up from ₹1.87 lakh crore in the same month last year, signal healthy consumer spending and economic recovery. The sustained increase in tax compliance and robust domestic demand, particularly in the manufacturing and services sectors, helped the government exceed its budgetary estimates for the critical indirect tax. Read More..

B2B Tech News | 6 days ago        

US and China Announce Trade and Economic Deal, Pausing Tariff Battle

US President Donald Trump and President Xi Jinping announced a major trade and economic deal on November 3rd, effectively pausing the monthslong tarif

US President Donald Trump and President Xi Jinping announced a major trade and economic deal on November 3rd, effectively pausing the monthslong tariff battle between the two economic giants. Both nations agreed to suspend retaliatory measures imposed over the past six months, providing stability to global markets.As part of the agreement, China will lift export controls on rare earth materials and significantly open its markets to US farm products, including soybeans and pork. Beijing also consented to halt nontariff restrictions and remove specific US firms from its unreliable entity list, fostering a more constructive trading environment. Read More..

B2B Tech News | 6 days ago        

Lenskart Files for IPO, Seeking $5 Billion Valuation in Indias Tech Market

Lenskart, the omnichannel eyewear major, officially filed its Draft Red Herring Prospectus DRHP with SEBI on October 31st, confirming its plan for an

Lenskart, the omnichannel eyewear major, officially filed its Draft Red Herring Prospectus DRHP with SEBI on October 31st, confirming its plan for an Initial Public Offering IPO. The public offering is expected to seek a valuation of approximately $5 billion, making it one of the largest consumer tech listings of the year. The capital raised will be strategically utilized for domestic and international expansion, further investment in its robotics and supply chain technology, and reinforcing its omnichannel presence. The listing reflects the maturing Indian consumer technology sector and strong investor appetite for profitable, scaled digital businesses. Read More..

B2B Tech News | 11 days ago        

Fed Delivers Second Consecutive Rate Cut, Bringing Federal Funds Rate to 3.75–4.00%

Following its latest FOMC policy meeting, the US Federal Reserve announced on October 31st its second consecutive interest rate cut, moving the federa

Following its latest FOMC policy meeting, the US Federal Reserve announced on October 31st its second consecutive interest rate cut, moving the federal funds rate down to a target range of 3.75–4.00%, the lowest level in three years. The decision was driven by persistent weakness in the US job market and overall cooling in GDP growth, confirming a strategic shift toward accommodative monetary policy. While the cut was priced in by markets, Chair Jerome Powells neutral guidance on future policy prompted mild consolidation, as investors look for more clarity on the depth of the economic slowdown. Read More..

B2B Tech News | 11 days ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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