U.S. stocks rose and oil prices fell on optimism for a diplomatic solution regarding Iran. [15, 19] De-escalation prospects in the Strait of Hormuz eased global energy supply concerns. [11, 14]
Amazon’s market capitalization surpassed $3 trillion for the first time. [3, 6] The company is the fifth U.S. firm to reach this valuation milestone. [3, 6]
Amazon Web Services reported accelerating growth fueled by high demand for artificial intelligence infrastructure. [5, 7] Alibaba shares rallied after the company launched its Qwen3.8-Max AI model. [8, 10]