By Sinéad Carew and Pranav Kashyap (Reuters) -The Nasdaq index advanced faster than the S&P 500 and the Dow on Friday with a strong boost from Amazon's upbeat earnings forecast, but worries about hawkish Federal Reserve commentary and the potential expiry of government food aid benefits dampened the investor mood.

U.S. stock futures pointed higher on Friday, suggesting Wall Street may bounce back after Thursday’s selloff, as investors reacted positively to strong quarterly results from major tech names Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL).

Tech stocks edged higher Friday, rebounding from Thursday's 1.5% drop in the Nasdaq 100 as upbeat earnings from mega-cap giants kept the rally momentum alive. Amazon.com Inc. AMZN surged more than 10% after reporting blowout results,

The Nasdaq ended with more pronounced gains than the S&P 500 and the Dow on Friday with a strong boost from Amazon's upbeat earnings forecast, but investor moods were dampened by worries that the Federal Reserve is becoming more cautious about cutting rates Amazon shares rallied sharply,

Since 2020, AWS revenue has grown by more than 150%. Online store sales for Amazon, meanwhile, have grown by just 26%. But it's not just revenue growth that AWS is contributing to. Last quarter, AWS contributed the majority of Amazon's operating income.

We recently published 10 Stocks Moving on Buzzing News as Analyst Issues Strong Warning About AI Valuations. Amazon.com Inc (NASDAQ:AMZN) is one of the stocks moving on buzzing news. Bill Baruch, Founder & President of Blue Line Capital,

Shares of tech giant Amazon.com Inc. (NASDAQ: AMZN) have been trading a little softly this week, slipping about 2.5% from last Friday's high. However, what's important is that the stock remains more than 7% higher from the start of the month, when some ...