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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.

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US close: Nasdaq jumps 2% as tech stocks surge

US close: Nasdaq jumps 2% as tech stocks surge
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Microsoft shares jump 4% after the AI winner delivers in right places

Once again, Microsoft touted share gains as more and more customers used Azure's platforms and tools to build their own AI solutions.

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Alphabet tempers worries that it's falling behind in AI in Q1 results

Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.

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GOOGL delivers the quarter we've been waiting for — with a dividend cherry on top

Alphabet on Thursday delivered a knockout first-quarter report and joined the tech-industry party by declaring its first-ever dividend.

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Should investors buy the dip in Lululemon? Fund manager weighs in

Shares of popular athleisure brand Lululemon have plummeted this year, trailing the S&P 500 significantly. Portfolio manager Jack Dwyer weighs in on the stock.

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Why chipmakers are the stars of the week, plus Cramer on 3 reports

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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