WS #13430
Strong AI earnings from Palantir, Caterpillar, and AMD, plus SpaceX's revenue beat, fuel a broad tech rally, with the Nasdaq up 2.59% and record closes for S&P 500 and Dow. Jeff Bezos sells ~15 million Amazon shares (~$4.1B) via pre-arranged plan, creating a minor overhang on AMZN despite strong earnings.
AI earnings-driven tech rally
Strong AI earnings from Palantir, Caterpillar, and AMD, plus SpaceX's revenue beat, fuel a broad tech rally, with the Nasdaq up 2.59% and record closes for S&P 500 and Dow.
Jeff Bezos sells ~15 million Amazon shares (~$4.1B) via pre-arranged plan, creating a minor overhang on AMZN despite strong earnings.