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Thu May 22 2025 10:25:49 GMT+0000 (Coordinated Universal Time)


Microsoft and Amazon Lead Rally as U.S. Equities Surge; Tesla Takes a Tumble

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Published (Updated) on Wednesday, April 26, 2023

The U.S. stock market rallied on Wednesday, April 26, 2023, with leading technology companies Microsoft and Amazon taking center stage at the time of report. Microsoft Corporation's shares saw a significant increase of 6.55%, based on the spot price, leading the surge. Amazon Inc. was not far behind, with their shares increasing by 7.85%.

Apple Inc. also saw gains in their stock value, with a 2.79% increase. However, Google Alphabet Inc. did not experience significant changes, with only a minimal decrease in stock value of -0.02%.

Tesla Motors, Inc. experienced a massive 19.38% decrease in their stock value - the largest among the listed companies - causing concern among investors.

Alibaba Group US Holding Limited also saw a negative change in their stock value, with a decrease of 2.68%.

However, Netflix, Inc. had a small increase of 0.37%, while The Procter & Gamble Company saw gains in their stock value with a 7.34% increase based on the spot price.

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