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Amazon reports $42.4 billion in trailing-year free cash outflow
Amazon reported a $42.4 billion free cash outflow for the trailing twelve months, primarily reflecting AI infrastructure investment. It bought $77.3 billion of property and equipment in Q3 while AWS revenue rose 39% to $45.98 billion. Its 2026 capital-spending forecast remains $220 billion.
ThereforeAmazon shares fell more than 6% in extended trading after the results.
Business Wire — Amazon results · CNBC — Amazon earnings · CNBC — AWS resultsCopy link to: Amazon reports $42.4 billion in trailing-year free cash outflow
Also
OpenAI-backed Thrive agrees to buy ADT in a $15.3 billion transaction
The definitive agreement values ADT's equity at $7.6 billion; closing is expected in Q1 2027, subject to shareholder and US antitrust approvals.
ThereforeADT would anchor Thrive's smart-home security business, extending the holding company's AI-focused investment strategy.
ADT — acquisition agreement · TechCrunch — OpenAI's Thrive relationshipCopy link to: OpenAI-backed Thrive agrees to buy ADT in a $15.3 billion transaction
Walmart commits about $6 billion to more Symbotic automation
The multiyear agreement adds AI-enabled automation capabilities at 25 US regional distribution centers.
ThereforeWalmart plans to expand storage capacity and improve replenishment across its network.
GlobeNewswire — Symbotic announcement · Reuters — Walmart agreementCopy link to: Walmart commits about $6 billion to more Symbotic automation
Follow-up to Oct 22: OpenAI says it has expanded agent monitoring
Coverage now includes frontier training, evaluations and tool-use harnesses, but paging remains disabled for internal Codex traffic.
ThereforeEnterprise customers can configure webhook alerts so their security teams can investigate suspected agent misconduct.
OpenAI — monitoring systemCopy link to: Follow-up to Oct 22: OpenAI says it has expanded agent monitoring
Reddit plans login tests to limit AI scraping
Tests begin outside the US this quarter; the homepage and content reached through search or shared links will remain accessible without logging in.
ThereforeReddit says logged-in users' interests help it target ads better.
Axios — executive interviewsCopy link to: Reddit plans login tests to limit AI scraping
Follow-up to Oct 6: Mistral releases Large 4 weights and cuts API prices
The improved model costs $0.70/$2.10 per million input/output tokens; model-as-a-service businesses need a separate commercial license.
ThereforeOrganizations can now host and customize the model on their own infrastructure.
Mistral — weights and pricing · Hugging Face — deployment testsCopy link to: Follow-up to Oct 6: Mistral releases Large 4 weights and cuts API prices
Research worth a look
Epoch AI's Firefox patch-gap experiments
Epoch says GLM 5.3 built file-stealing exploits for six Firefox releases at about $1,000 marginal cost each, after over $100,000 in research spending. The chains also used an unpublished flaw patched October 27. Comparable Chrome attempts failed.
Epoch AI — study and limitationsCopy link to: Epoch AI's Firefox patch-gap experiments