Late Night Market Recap Amazon Soars on Cloud Boom

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•  31 Oct 2025
 

•   ABBV  
   
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•   AMZN  
   
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•   CHD  
   
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•   CL  
   
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•   CORZ  
   
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$AMZN absolutely crushed it with shares rocketing nearly ten percent after posting knockout third-quarter results. The tech titan reported earnings of one dollar ninety-five cents per share, blowing past analyst expectations, but the real star was Amazon Web Services which grew a whopping twenty percent as companies continue throwing money at AI infrastructure. CEO Andy Jassy couldn't hide his enthusiasm about cloud growth, and the company boldly raised its spending forecast to one hundred twenty-five billion dollars. With trading volume hitting one hundred sixty-five million shares, this wasn't just a rally, it was a full-blown celebration.

$CORZ caught fire with a nearly four percent jump after Macquarie upgraded the stock following a merger deal falling apart. Sometimes the best relationships are the ones that never happen, and analysts are now betting that Core Scientific is better off flying solo in the data center game.

$CVX proved that record production still matters even when oil prices aren't cooperating, climbing nearly three percent after beating estimates. The energy giant acquisition of Hess is already paying dividends with output hitting all-time highs while the company showered shareholders with billions in buybacks and dividends.

$NET had investors doing a happy dance with shares surging fourteen percent on stellar quarterly results and raised guidance. The cloud infrastructure darling keeps proving that betting on internet infrastructure remains a winning strategy.

$ABBV tumbled over four percent despite actually beating estimates and raising guidance, all because Trump administration chatter about deeper Medicare drug price cuts spooked investors. Sometimes Wall Street shoots first and asks questions later, even when immunology blockbusters are crushing it.

$CHD jumped over seven percent after swinging back to profitability with sales growth that caught analysts pleasantly off guard. Nothing fancy here, just solid execution selling everyday products people actually need.

$XOM dipping slightly despite beating estimates as OPEC production increases weighed on sentiment, while production records in Guyana and the Permian Basin provided some consolation.

$CL edged up modestly after Colgate-Palmolive beat profit expectations, proving that toothpaste and soap still pay the bills even when volumes aren't exactly lighting the world on fire.

$D slipped despite beating estimates as utility stocks rarely get the glamorous treatment. $GSAT rocketed over seven percent on acquisition rumors while $FORM tumbled over seven percent despite hitting new highs earlier in the week, reminding everyone that what goes up fast can come down just as quickly.

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