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Amazon Could Lead Nasdaq to New Record Highs Against Today

Amazon shares soar on a big earnings and sales beat as its cloud business helped drive results.
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Amazon (AMZN) - Get Amazon.com, Inc. Report  shares soar on a big earnings and sales beat as its cloud business helped drive results. Alphabet (GOOGL) - Get Alphabet Inc. Class A Report  beat on both the top and bottom line as its advertising business was strong. Intel (INTC) - Get Intel Corporation (INTC) Report  had lower than expected revenue after a slowdown in its data business. Asian stocks, though are lower on concerns about what's happening in North Korea. President Trump warned that a major conflict with North Korea is possible. In an interview with Reuters, the President said he was still hoping for a diplomatic solution. Meanwhile, President Trump nears his 100th day in office Saturday. The Dow Jones Industrial Average is on track to book the best performance in the postwar era under a first-term President when measured from election day through the 100th day in office, according to Dow Jones data. Other measurements say from Inauguration Day, it's the 3rd best performance with gains of 5.5%.

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