S&P, Nasdaq Rise to Kick Off November

Core Insights - The S&P 500 and Nasdaq experienced gains driven by investor optimism regarding ongoing corporate investments in artificial intelligence [1] - Amazon's stock increased by 4%, reaching a record high [1] Company Analysis - Companies are actively engaging in a spending spree on artificial intelligence, which is positively influencing market performance [1] - Amazon's significant stock rise indicates strong investor confidence and interest in its AI-related initiatives [1]