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Benzinga
Benzinga
Business
Piero Cingari

Nasdaq 100 Rebounds, Amazon Jumps 10% On Strong Earnings: What's Moving Markets Friday?

Nasdaq Z Amazon.com Inc. Apple COIN Coinbase Global Inc First Solar Inc. United States US Federal Reserve
US markets rising

Tech stocks edged higher Friday, rebounding from Thursday's 1.5% drop in the Nasdaq 100 as upbeat earnings from mega-cap giants kept the rally momentum alive.

Amazon.com Inc. (NASDAQ:AMZN) surged more than 10% after reporting blowout results, with AWS revenue jumping 20% year over year to $33 billion. Apple Inc. (NASDAQ:AAPL) traded broadly flat as optimism over iPhone 17 sales was tempered by weaker demand in China.

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