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Nasdaq Futures Soar on Amazon Earnings, Chip Stocks

Guavy AI Editorial Team
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AAPL AMZN
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Nasdaq futures rose 1.2% in early Friday trade as positive Big Tech earnings reignited investor appetite for artificial intelligence (AI) trades.

Airline and chip stocks rallied broadly, offsetting weakness in Apple after its cautious outlook.

Amazon's strong earnings and AWS growth boosted AI-related stocks, including Tesla, which edged higher despite Elon Musk dismissing a Wall Street Journal report suggesting the company was exploring strategic options for its China business.

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