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US close: Nasdaq jumps 2% as tech stocks surge

US stocks bounced back strongly on Friday with the Nasdaq surging more than 2% with the Magnificent Seven tech giants providing a huge boost following strong results from Microsoft and Alphabet.

United statesChris beauchampSeagate technology plcHome depot incGoldman sachs group incAmerican airlines groupAutomatic data processing incBroadcom incAlphabet incPrincipal financial group incUniversity of michiganAbbvie incBureau of economic analysisBall corpResmed incExxon mobil

These stocks reporting results next week have earnings momentum at their back

These companies reporting next week could see their valuations rise after their latest results.

Ronald joseyBryan berginFred imbertAmazon web servicesWall streetDow jones industrialSilicon valleyCiti trends incEquinix incMastercard incAmazon com incS ampp 500 indexStock marketsInvestment strategyBusiness news

Digital ad market on mend as Meta, Alphabet, Snap show faster growth

Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.

Mark zuckerbergApple incReddit incPinterest incAmazon com incSnap incAlphabet incMeta platforms incBreaking news businessSocial mediaBreaking news technologyBusiness news

Eli Lilly, Apple are among 12 portfolio stocks reporting in week ahead

All three major U.S. stock indexes rose this week. Earnings are once again poised drive the week ahead.

United statesNova scotiaJim cramerEstee lauderNovo nordiskEli lillyFabrizio fredaNvidia omniverseCoterra energyTenable holdingsSanmina corporationBausch healthEquitrans midstream corporationMother clubLogitech internationalDominion energy

Microsoft says cloud AI demand exceeds supply despite spending surge

Microsoft has more demand than supply for running artificial intelligence models in the cloud.

Amy hoodAmazon web servicesAmazon webBreaking news technologyMicrosoft corpNvidia corpAmazon com incBusiness news

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