Stock Market Today: Dow Closes Above 50,000 As Nvidia Lands Atop Blue Chips (Live Coverage)

Group 1 - The Dow Jones Industrial Average and other major stock indexes experienced a rebound after a challenging week for tech stocks and bitcoin, with the Dow soaring by 700 points [1] - Amazon's stock faced significant pressure, plunging due to an earnings miss and substantial AI spending plans, which spooked investors [1] - The stock market had previously sold off as bitcoin prices dropped, indicating volatility in the market [1] Group 2 - Amazon's stock slide was attributed to a $200 billion AI spending plan, raising concerns among investors about the company's financial strategy [1] - Other tech companies like Meta, Microsoft, and Google have also increased their capital expenditures, reflecting a broader trend in the industry towards heavy investment in AI [1] - Broadcom's stock rose in response to Google's significant capital expenditure increase, highlighting a positive sentiment towards tech investments despite Amazon's struggles [1]