Wall Street ends higher as Amazon soothes AI jitters
Wall Street ended higher, lifted by Amazon as the tech heavyweight's strong quarterly report bolstered investor confidence in AI-related stocks, while Apple dropped after its results disappointed investors.
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Video Summary
AI GeneratedWall Street closed higher on Friday, led by gains in the Dow, S&P 500, and Nasdaq. Amazon surged following strong revenue growth, while Apple shares fell due to supply chain struggles. The market also reacted to a Federal Reserve meeting where rates remained unchanged despite some internal pressure for a hike amid persistent inflation.
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