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Friday, August 1, 2025

Fall of the giants: Amazon drags Nasdaq down, dollar hits three-year high

Fall of the giants: Amazon drags Nasdaq down, dollar hits three-year high

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Fall of the giants: Amazon drags Nasdaq down, dollar hits three-year high
Back News

Fall of the giants: Amazon drags Nasdaq down, dollar hits three-year high

Wall Street retreats as earnings buzz

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01.08.2025 08:02 AM

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01.08.2025 08:02 AM

Wall Street retreats as earnings buzz fadesU.S. stocks ended Thursday in the red as early gains evaporated throughout the session. Investors remained cautious ahead of earnings reports from tech heavyweights Amazon and Apple, due after market close.Microsoft hits $4 trillion milestoneShares of Microsoft climbed 3.5% on the back of a strong earnings release. The company's market valuation briefly crossed the $4 trillion mark, making it only the second publicly traded company ever to reach that milestone — following Nvidia.Not all

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