Tech Titans Turbocharge Stock Rally – Amazon & Apple Light Up Wall Street
Amazon shares jumped about 13% after third-quarter earnings beat estimates, with cloud sales up 20% year-over-year. Apple stock rose 3.7% to nearly $271 on record iPhone sales and a strong holiday forecast. The S&P 500 gained 0.7% Friday, heading for a sixth straight monthly rise as Big Tech optimism fueled a market rally.