Why Amazon Stock Jumped Friday
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What happened
It seemed like Amazon (NASDAQ: AMZN) was the one major cloud computing stock that didn’t participate in the market rally Thursday that was ignited by Nvidia’s earnings report. But that changed Friday: As of 1:50 p.m. ET, Amazon shares had risen by 5.2%.
It seemed like Amazon (NASDAQ: AMZN) was the one major cloud computing stock that didn’t participate in the market rally Thursday that was ignited by Nvidia’s earnings report. But that changed Friday: As of 1:50 p.m. ET, Amazon shares had risen by 5.2%.
