Stock Market Updates: 8th Day of Gains for Dow, S&P 500 Amid Tech Surge
The stock market is on a roll. For eight straight days, both the Dow Jones and S&P 500 have kept going up. That’s the longest winning streak they’ve had in over a year. What’s behind this? Big tech companies. We’ve seen strong earnings from Microsoft, Meta, and others. Their success is pushing the market higher. Even the Nasdaq joined in and made big gains. But not every tech giant is soaring the same way. Amazon stock update told us how it did in the first part of 2025.
Its results were strong, but there’s more to the story. Some investors are worried. That’s why Amazon’s stock didn’t jump as high as the others.
Let’s find out what’s really happening. We’ll look at the market’s rise, what’s driving it, and where Amazon stands.
Stock Market Performance: Dow and S&P 500 Keep Rising
The U.S. stock market has been going up. On Thursday, the S&P 500 rose 0.6% to 5,604.14.
This was its eighth day in a row of gains. It hasn’t done that since November 2020. The Dow Jones also went up 0.2% to 40,752.96. The Nasdaq jumped 1.5% to 17,710.74.
Tech companies are the reason for this rise. Their good earnings made investors happy and pushed the market higher.
Tech Stocks Help the Market
Microsoft’s stock jumped 7.6%. The company made strong profits. Its cloud business, especially Azure, grew 35% from last year. AI tools helped boost this growth. Microsoft also said it will spend $80 billion on new infrastructure in 2025. That shows it plans to keep growing.
Meta also did well. Its stock rose 4.2%, the highest since early April. The company made more money from ads 16.2% more than last year. This shows Meta is still strong in the ad market.
Nvidia’s stock went up 2.5%. This happened because companies like Meta and Microsoft are spending more on AI. Apple sales rose 5% last quarter. People rushed to buy before new tariffs raised prices.
Amazon Stock Update: First Quarter 2025 Results
Amazon had a good start to 2025. It made $155.67 billion in sales, more than expected. Profit per share was $1.59. Operating income was $18.41 billion.
Its online store and ad business did very well. Ad revenue went up 19%. But Amazon Web Services (AWS) didn’t do as well as hoped.
For the second quarter, Amazon expects to make between $13 billion and $17.5 billion. That’s lower than what experts wanted. Amazon says things like tariffs and world problems may hurt future profits.
How the Market Reacted to Amazon
Even though Amazon did well, its stock fell 4% after the earnings call. This happened because the company gave a careful outlook for the next quarter. Investors also worried about AWS not meeting goals. Tariffs could raise costs too, which added to the concern.
New U.S. tariffs on Chinese goods are now 145%. This could raise costs for Amazon. Many sellers on Amazon get products from China. Tariffs could make things more expensive and reduce profits.
Amazon is trying to help. It’s telling sellers to stock up on goods early. It’s also looking for new places to get products. CEO Andy Jassy said Amazon wants to keep prices low and deal with these changes wisely.
U.S. Economy Showing Mixed Signs
New reports say U.S. factories shrank again in April. This was the second month in a row. Tariffs and supply issues made things worse.
Also, jobless claims went up by 18,000 to 241,000. That means more people are asking for help after losing jobs. Investors are now waiting for the April jobs report. It will show more about how strong or weak the economy really is.
Final Words
Tech companies helped push the stock market higher. This shows investors feel hopeful. But there are risks. Tariffs and job cuts could slow things down.
Amazon had a strong start in 2025. Even with short-term issues, the company is still focused on AI, cloud tech, and keeping prices low. These things will help in the long run.
Investors should stay careful. They should watch the economy and company plans closely. Having a mix of investments and thinking long-term is still the smart move.
Frequently Asked Questions (FAQs)
When a stock joins the S&P 500, index funds buy it. This buying can push the stock price up. More investors notice the stock, and trading increases.
The Nasdaq is rising because tech companies like Microsoft and Meta reported strong earnings. Investors are excited about growth in AI and cloud computing.
On May 2, 2025, the stock market is up. Tech earnings are strong, lifting investor mood. But some worry about tariffs and jobs data.
The Dow increases when its 30 companies’ stock prices rise. Big moves in high-priced stocks like Microsoft and NVIDIA have a larger effect.
Disclaimer:
This content is for informational purposes only and not financial advice. Always conduct your research.