Amazon Alleviates Market Worries About Artificial Intelligence; Major U.S. Stock Indexes Close Higher
2026-08-01 05:34:24
According to CoinMeta, Amazon's strong quarterly financial report boosted investors' confidence in stocks related to artificial intelligence, and major U.S. stock indexes closed higher on Friday. Amazon announced the largest quarterly revenue growth in over four years, with its stock price soaring by more than 15%. Its financial report, along with similar reports from Microsoft, alleviated market concerns about potential overexpenditure on artificial intelligence data centers. Nevertheless, Apple's stock price plummeted by 7.4% as its financial report disappointed investors.
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Source:Jin10 Data
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