Amazon is trading 3.39% up at $264.94 as technology stocks rally on Nvidia’s strong earnings and bullish AI outlook.
- XLK is up 1.95% during regular trading, while major indexes rise modestly.
- AWS’s DuckLabs acquisition was announced August 26, with no disclosed financial terms.
- August 28 appears primarily sector-driven as investors favor AI infrastructure and cloud beneficiaries; Louisiana’s data-center investment increase and Altimeter Capital’s larger stake are supportive background, neither clearly tied to today’s gain.