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Individual investors ramp up bets on tech stocks

Shares of Amazon, Alphabet, Meta Platforms and others have suffered double-digit declines, but believers say they expect a rebound

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Amazon sees strong consumer demand as shares rise 13%

Amazon expects a jump in its third-quarter revenue as the company on Thursday said that the retailer collects bigger fees from Prime loyalty subscriptions and consumer demand remands higher in spite increasing inflation.

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Wall St update: Amazon up over 12%; Apple stocks jump 3%

After the closing bell, Amazon.com shares shot up more than 12% as the online retailer reported quarterly sales that beat Wall Street estimates.

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Wall Street rises on strong Tesla earnings, S&P500 at highest since June 9

The tech-heavy Nasdaq added 1.4% to lead the gains while the S&P 500 closed at its highest level since June 9.

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Amazon stock split may draw retail traders in tough market

"Stock splits are certainly associated with successful stocks," said Steve Sosnick, chief strategist at Interactive Brokers.

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