Dow Jones E-Commerce Giant Amazon, Alphabet Eye New Buy Points
Stocks rallied as major indexes extended gains, with Amazon (AMZN.OQ) leading Dow components after briefly topping a 248.94 cup-base entry and rallying about 4% on Tuesday. Amazon also announced a roughly $11.6 billion deal to buy Globalstar at $90 a share, bolstering satellite ambitions and adding M&A-driven momentum. IBD highlights other technical setups: ASE (breaking out past a 25.29 buy point), Alphabet (GOOGL.OQ) climbed more than 3% and sits near a 349 cup-base entry, and Linde (LIN.OQ) is close to a 510.65 buy trigger despite trading down ~2%. IBD advises adding exposure on strong breakouts, keeping recommended stock exposure at 60–80% amid the rally.