Data News > Tech Stocks Surge as 'Magnificent Seven' Soars Post U.S.-China Trade Deal
- Positive tariff news between the U.S. and China boosts tech stocks
- FedEx strikes new delivery deal with Amazon, focusing on heavy and rural deliveries
- Amazon and FedEx enter package delivery deal after UPS pullback
- Rocket Companies dubbed the 'Amazon Of Housing' by Citron Research
- AWS and HUMAIN invest $5 billion in groundbreaking AI Zone in Saudi Arabia
Tech stocks have surged following the positive tariff news between the U.S. and China, propelling the 'Magnificent Seven' to new heights amid renewed optimism. FedEx has struck a new delivery deal with Amazon, focusing on heavy and rural deliveries, marking a comeback after UPS pulled back its services with the e-commerce giant. The partnership between Amazon and FedEx aims to enhance the delivery experience for customers, with FedEx joining as one of several third-party partners in the package delivery space. Meanwhile, Rocket Companies has been lauded as the 'Amazon Of Housing' by Citron Research, known for its success in shorting stocks like GameStop. Additionally, AWS and HUMAIN have announced a groundbreaking AI Zone investment of over $5 billion in Saudi Arabia, aimed at accelerating AI adoption both locally and globally.
In the realm of stock market analysis, tech giant Amazon.com Inc. has seen a significant surge in its shares, reaching their highest level since March and showing no signs of dipping below the $200 mark again. The company's stock rally has been fueled by positive news on the US-China trade front, as well as lower recession odds predicted by betting markets. The surge in optimism on Wall Street has set a bullish long-term outlook for investors, particularly in the tech sector. This positive sentiment has also been reflected in the recent stock market rallies, with the Dow Jones Industrial Average seeing a 1,000-point advance, fueled by a trade agreement that has eased tensions between the US and China.
Moreover, key moves in the market have included UBS reiterating a 'buy' rating on Nvidia shares, while Jefferies upgraded Marriott to a 'buy' amid strong business model performance. BofA has also maintained a 'buy' rating on Amazon, highlighting the potential growth in the company's robotics business. These analyst moves reflect a positive sentiment towards tech and related industries in the current market climate.
Overall, the recent developments in the tech and stock markets paint a promising picture for investors, with renewed optimism driving key players like Amazon, FedEx, Rocket Companies, and AWS towards new opportunities and growth avenues. The surge in tech stocks, coupled with positive market sentiment following the US-China trade deal and lower recession odds, signals a potential upturn in the market that investors can capitalize on for long-term growth and success.
For more information:
Up/Down Rally Price Distribution Analyst Recommendations Earning Price Impact Analysis Seasonality
For more information:
Earning Price Impact Earning Estimates Earning Call Transcript
Tech Stocks Surge as 'Magnificent Seven' Soars Post U.S.-China Trade Deal
By KlickAnalytics Data Insights | May 13, 2025 08:02PM ET
Key Points
- Positive tariff news between the U.S. and China boosts tech stocks
- FedEx strikes new delivery deal with Amazon, focusing on heavy and rural deliveries
- Amazon and FedEx enter package delivery deal after UPS pullback
- Rocket Companies dubbed the 'Amazon Of Housing' by Citron Research
- AWS and HUMAIN invest $5 billion in groundbreaking AI Zone in Saudi Arabia
Tech stocks have surged following the positive tariff news between the U.S. and China, propelling the 'Magnificent Seven' to new heights amid renewed optimism. FedEx has struck a new delivery deal with Amazon, focusing on heavy and rural deliveries, marking a comeback after UPS pulled back its services with the e-commerce giant. The partnership between Amazon and FedEx aims to enhance the delivery experience for customers, with FedEx joining as one of several third-party partners in the package delivery space. Meanwhile, Rocket Companies has been lauded as the 'Amazon Of Housing' by Citron Research, known for its success in shorting stocks like GameStop. Additionally, AWS and HUMAIN have announced a groundbreaking AI Zone investment of over $5 billion in Saudi Arabia, aimed at accelerating AI adoption both locally and globally.
In the realm of stock market analysis, tech giant Amazon.com Inc. has seen a significant surge in its shares, reaching their highest level since March and showing no signs of dipping below the $200 mark again. The company's stock rally has been fueled by positive news on the US-China trade front, as well as lower recession odds predicted by betting markets. The surge in optimism on Wall Street has set a bullish long-term outlook for investors, particularly in the tech sector. This positive sentiment has also been reflected in the recent stock market rallies, with the Dow Jones Industrial Average seeing a 1,000-point advance, fueled by a trade agreement that has eased tensions between the US and China.
Moreover, key moves in the market have included UBS reiterating a 'buy' rating on Nvidia shares, while Jefferies upgraded Marriott to a 'buy' amid strong business model performance. BofA has also maintained a 'buy' rating on Amazon, highlighting the potential growth in the company's robotics business. These analyst moves reflect a positive sentiment towards tech and related industries in the current market climate.
Overall, the recent developments in the tech and stock markets paint a promising picture for investors, with renewed optimism driving key players like Amazon, FedEx, Rocket Companies, and AWS towards new opportunities and growth avenues. The surge in tech stocks, coupled with positive market sentiment following the US-China trade deal and lower recession odds, signals a potential upturn in the market that investors can capitalize on for long-term growth and success.
For more information:
For more information:
To view full story, Upgrade to PRO plan with only $1
Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.