US Stocks AI Daily on Oct 30, 2026: Cohere Marks the First Close of Its Series E

The AI supply chain produced six items on October 29, landing in three layers. Only one reached a close, and that one disclosed no figure. The money that actually moved sits on the earnings side: Amazon (Ticker: AMZN) spent $77.26B on property and equipment in a single quarter, 1.2 times more than a year earlier, while SanDisk (Ticker: SNDK) booked $4.80B of data center revenue, up 61% sequentially. Countable deal value this issue is $0, and that zero is the thing worth remembering today.

 

 

Financing | Completed | Cohere company blog 2026/10/29

 

Cohere announced the initial close of its Series E, led by German retail group Schwarz Group, with Nvidia (Ticker: NVDA) and the Government of Canada among the participants. The amount actually closed was not disclosed, and Cohere is private with no US ticker.

 

Launch | Completed | Amazon press release (Business Wire) 2026/10/29

Amazon (Ticker: AMZN) purchased $77.259B in the quarter, 1.2 times the $35.095B a year earlier, while AWS revenue rose 39% to $46.0B and trailing twelve-month free cash flow turned to an outflow of $42.4B.

 

Launch | Completed | Mistral AI announcement and TechCrunch 2026/10/29

The model itself was unveiled on October 7, and what landed today is the weights, published under a modified MIT licence. Mistral is a private French company with no US ticker.

 

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Launch | Completed | SanDisk press release (Business Wire) 2026/10/29

SanDisk (Ticker: SNDK) reported company revenue of $11.031B, 3.8 times the $2.308B a year earlier, at a GAAP gross margin of 85.0%, and guided next-quarter revenue to $12.2B to $12.6B.

 

Financing | Media report, unconfirmed | The Information, relayed by Reuters 2026/10/29

Nvidia (Ticker: NVDA) is said to be in talks to provide billions of dollars of credit support to Nscale, covering the hall behind Anthropic's $45B compute agreement. The size of the backstop is undisclosed and neither party has commented.

 

Launch | Completed | Quanta Services press release (PRNewswire) 2026/10/29

Quanta Services (Ticker: PWR) lifted quarterly revenue from $7.631B a year earlier to $12.015B, raised full-year revenue guidance to $41.3B to $41.6B, and serves utility, power and technology customers.

 

Countable deal value this issue is $0, with a further $77.26B excluded. The zero is not an absence of spending. It is that the only financing to reach a close today reported no figure, while the $77.26B on the excluded side is Amazon's (Ticker: AMZN) property and equipment purchases in one quarter. Spending of that kind needs no counterparty signature and appears in no contract, so it is neither subject to negotiation nor easy to redirect. The timing fact to keep is that the company held its 2026 full-year cash capital expenditure guidance at approximately $220B while trailing twelve-month free cash flow is already an outflow of $42.4B. Those two figures are the same thing seen from two sides. Separately, the $1B community investment in US data center communities is a commitment rather than a transaction, and full-year guidance is guidance rather than a result, so neither is counted.

 

How to use this next time: when you see a quarterly capital expenditure figure, ask which contract it corresponds to. Here the answer is none at all, so the money will neither vanish because a negotiation fails nor shrink because somebody raises a price. Counting money with a counterparty separately from money without one shows that the room to negotiate upstream is a good deal smaller than the headline spending suggests.

 

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Disclaimer: This article was prepared by the MEXC US equities spot team (MEXC RealStocks) for market information and educational reference only. It is not investment advice and contains no buy or sell opinion. All stocks and companies mentioned are publicly discussed names and do not represent a recommendation or view of MEXC. Investing involves risk, so please exercise your own judgement.