OAM Weekly Industry News February 3











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👉Chinese Stocks in Hong Kong Outperform Peers as Tech Shares Gain • Beijing announced plans to initiate corresponding countermeasures, while DeepSeek's low-cost AI model highlights China’s technological advancements. • 👉Amazon, Echoing Microsoft, Says It Can’t Keep Up With AI Demand • The company is expected to invest $100 billion in capital expenses in 2025, as its cloud unit sales have risen by 19% for the third consecutive quarter. • 👉OpenAI Eyeing More Data Centers in Texas, Other States for Stargate • Stargate’s backers plan to invest $500 billion in US projects, focusing on facilities that consume as much power as a nuclear reactor. • 👉Bank of America to Buy $9 Billion Jumbo Mortgage Portfolio From Toronto-Dominion Bank • Bids for the residential mortgage loans were due last week, and lighter regulations could potentially boost banks’ appetite for mortgages. • Follow us for the latest event updates and information: • Official Website : https://oam-global.com • Twitter : https://x.com/OAMGlobal • Instagram : / oam_global • Telegram Official : https://t.me/OAMGlobal

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