Stock Market Today: Dow, S&P 500, NASDAQ end higher
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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.
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.
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Lifted by Amazon and Apple Earnings as China’s Factory Activity Weakens
U.S. stock futures ticked higher on Friday, signaling a positive finish to October as investors welcomed upbeat earnings from Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL). Meanwhile, Nvidia (NASDAQ:NVDA) unveiled a major AI chip deal with South Korea,
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,
For months now, Amazon.com Inc. (NASDAQ: AMZN) has been one of the strongest performers among the mega-cap tech names. Shares are up roughly 40% since April, a rally driven by consistently strong earnings reports and near-unanimous support from Wall Street ...