Amazon's stock surged 7% following stronger-than-expected earnings, driven by 19% year-over-year revenue growth in Amazon Web Services, indicating robust performance in both cloud and advertising sectors.
Atlassian shares jumped over 21%, as the software company reported earnings of 77 cents per share on $1.19 billion in revenue, exceeding analyst expectations and raising its revenue growth forecast.
Intel's shares rallied more than 5% on better-than-expected earnings, reporting adjusted earnings of 17 cents per share and $13.28 billion in revenue, surpassing analyst estimates.
Abbott's stock rose by 5% after a jury cleared the company of liability in a baby formula case, although several similar cases are still pending.
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