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US close: Tech stocks lead the surge - Sharecast.com

US stocks rose strongly on Thursday with tech names leading the surge as investors continued to absorb comments from the Federal Reserve the previous session, who reassured that interest rates are unlikely to rise despite stickier-than-expected inflation. ....

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Amazon's Smashing Q1 Financials Show The Power Of A Good And Well Executed Strategy

Like Meta Platforms (NASDAQ: META), Snap Inc (NYSE: SNAP) and Google parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Amazon.com Inc (NASDAQ: AMZN) reported better-than-expected quarterly results, with stronger than expected revenue being the result of the improvements on the ad business front. First Quarter Highlights In part due to its booming AWS division and its advertising service, Amazon reported revenue grew 12.52% YoY to $143.3 billion, surpassing LSEG’s estimate of $142.5 billion. Operati ....

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