Bloomberg reports that Marvell is in advanced negotiations with optical device manufacturer Lumentum to acquire the latter through a all-stock transaction. Analysts from market research firm Cignal AI believe that if this deal is completed, it could allow Marvell to integrate DSP, lasers, and optical components into the same system, but it may also lead to direct competition with some of its customers.

Foreign capital continues to flow into large U.S. tech stocks, bonds of cloud service companies, and power grid infrastructure, making the connection between the dollar and the AI investment cycle even tighter. Reuters reports that recently, when the valuation of AI came under pressure, safe-haven funds flowed more towards the Japanese yen and Swiss franc, and the dollar did not receive the same support.

On October 30th, Microsoft published a blog post inviting members of channel Windows Insider from Beta and Experimental to test the multi-version preview update of Windows. This update enhances the new Windows search experience, allowing users to directly adjust volume, brightness, and cursor size within the search results, as well as perform phone-related operations such as dialing and sending text messages through Phone Link. Additionally, Microsoft has introduced a new Intune privacy policy for enterprise customers, aimed at limiting the visibility of content in the feedback center.

Amazon's net sales in the third quarter increased by 12% year-on-year to $20.194 billion, falling short of expectations; EPS was at $1.89, also below expectations. AWS revenue increased by 39.3% year-on-year to $45.98 billion, and the operating margin rose to 38.7%, but the company's capital expenditures in the third quarter reached $77.26 billion, with free cash flow flowing out by $42.36 billion. The company maintained its guidance for annual cash capital expenditures of about $220 billion for 2026 unchanged. The median forecasts for fourth-quarter revenue and profit were both slightly lower than market expectations, and the stock price tumbled after the earnings report.

SanDisk releases its financial report for the first quarter of fiscal year 2027, with both revenue and profit exceeding expectations. Revenue increased by 378% year-over-year, and the company provided guidance for the second quarter that is also higher than anticipated. The company stated that the demand for NAND is driven by the growth of AI, and data centers will continue to be the core of market growth in the natural year 2027. Additionally, the board of directors approved a 1:8 stock split.