AMZN Rally
Live Blog Update #2 Published
Amazon (Nasdaq: AMZN | AMZN Price Prediction) stock is rising 2.5% today to above the $230-per-share threshold. According to reports, Amazon is introducing an Alexa.com website, giving users the ability to access the chatbot assistant online. Additionally, Amazon has unveiled its new TV that is designed to serve as an accent piece to household decor.
All Updates from Live Coverage
The Dow Jones Industrial Average is soaring over 750 points to a fresh record-high to kick off the first full week of trading in 2026. The index is now hovering at 49,136.87, up 1.5%. Among the stocks buoying the index to a record high are Chevron (NYSE: CVX), Caterpillar (NYSE: CAT) and Amazon, the latter of which is also buoying the Nasdaq Composite today. Chevron is in focus as the sole oil giant operating in Venezuela where it is poised to benefit from U.S. government involvement.
Cantor analysts predict semiconductor stocks will lead the market in 2026, pointing to sustained demand for AI computing alongside tight supply across memory and storage. The firm sees tightness in DRAM, NAND and hard disk drives as catalysts for a “capacity-driven upcycle,” which could boost semiconductor capex.
Cantor analysts are bullish on segment leaders, including Nvidia, Micron Technology (Nasdaq: MU), Applied Materials (Nasdaq: AMAT) and Lam Research (Nasdaq: LRCX), among others.
Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.