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Microsoft, Amazon among Nasdaq's weekly gainers after bumper earnings

The article says the Nasdaq Composite rose 1% on Friday and 2.78% on Thursday, with tech sentiment improving after strong big-cap earnings. Amazon led Friday’s gains after a robust quarterly report, while Microsoft was cited as the main driver of Thursday’s rally, helping the index recover after three losing sessions. The broader takeaway is that better-than-expected results from mega-cap tech are supporting a bullish tone for the Nasdaq and reinforcing optimism around AI and cloud spending. Microsoft remains the primary focus of the piece, even though the article is largely about index-level momentum rather than a company-specific event.

Category

Microsoft

Sentiment

Bullish

Event

Market commentary

Reading time

1 min