Investors boost tech stocks after tariff relief; Amazon holds $14B stake in Anthropic.
From Yahoo Finance: 2025-04-17 23:29:00
Investors flock back to Big Tech after temporary tariff relief announcement, boosting tech stocks and indices. S&P and Nasdaq up over 4% in last five sessions. Some tech companies surge on AI news, racing for supremacy. Hedge fund sentiment used to compile top 5 AI news list. Amazon holds $14 billion stake in AI startup Anthropic, launches $200 Claude Chatbot subscription. Subscription includes two tiers, first for average users and second for heavy users. Amazon’s stake likely to increase with future capital raises. AMZN ranks 1st on AI news list, but other AI stocks may offer higher returns in shorter time frame. Check out report on cheapest AI stock poised for massive gains.
Read more at Yahoo Finance: $14 Billion Stake in Anthropic as Claude Launches $200 AI Subscription