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US Stocks Soar as Dow Jumps Over 700 Points Amid Cloud Provider Surge

Guavy AI Editorial Team
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AMZN MSFT
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US stocks surged on Thursday as the Dow Jones Industrial Average jumped over 700 points, while Amazon's market capitalization surpassed $3 trillion.

The Nasdaq Composite Index gained 2.13% to 25,913.90 points, marking its third consecutive day of growth.

Clinching the top spot on Thursday was cloud provider Amazon (AMZN), which rose 4.58% to close at $294.02. Its AWS revenue grew by 37%, exceeding market expectations.

Other tech giants also fared well, with Meta Platforms (META) rising 6.02% and Microsoft (MSFT) increasing 4.93%. SpaceX (SPCX) surged late in the day, closing up 5.68% at $114.53.

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