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Microsoft Corp (NASDAQ: MSFT ) stock gained almost 3% on Friday as investors continue to lean into strong cloud demand and upbeat AI adoption signals, even while the Technology sector is down 0.7% and the S&P 500 is up 0.2%. The latest earnings snapshot showed a 14th straight "double beat," with quarterly revenue of $9
Amazon.com, Inc. (NASDAQ: AMZN ) stock gained over 15% on Friday as investors reacted to a double beat in quarterly results and upbeat cloud/AI commentary. BNP Paribas analyst Nick Jones said Amazon delivered a strong second quarter, with AWS momentum supporting higher AI-related investment and a path to a much larger