Why Amazon Rallied in October

Key Points Amazon delivered better-than-expected earnings. The company's cloud business accelerated, allaying lots of fears. Its main AI bet, Anthropic, also received some good press. 10 stocks we like better than Amazon › Shares of Amazon (NASDAQ: AMZN) rallied 11.2% in October, according to data from S&P Global Market Intelligence. Amazon's stock actually struggled through most of the month, as heightened tensions between the U.S. and China caused tech investors to take some risk off the table ...