A big day for shares of Intel and Amazon com drove U.S. stocks higher, capping a topsy-turvy week with gains. Intel shares added 7.8% after it reported one of its largest losses ever, but offered guidance for sales growth in the current quarter that surpassed expectations. Amazon shares jumped 6.2% after the company reported strong revenue and profit growth in the third quarter.
Gunjan Banerji is a reporter covering markets and money for The Wall Street Journal. She is also a contributor to CNBC and has been featured in Yahoo Finance Singapore. Gunjan's articles focus on the intersection of finance, investing, and market trends, providing insights and analysis for investors and readers interested in the financial world.