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Big tech stocks soar as investors bet Democrats could bring AI spending back to reality

Amazon, Microsoft and Alphabet stock rose as much as 8.3%, 7% and 5.9%, while Nvidia and Tesla stock fell

Big tech stocks soar as investors bet Democrats could bring AI spending back to reality

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AMD Stock Rebounds. Is Its AI Edge Built to Last?

Team Rule Breakers and Team Hidden Gems have recommended AMD across eight active Motley Fool services, and it has never carried a sell recommendation.

  • AMD's stock surged 5% on November 2 after reporting double-digit data center sales growth.
  • The company forecasted fourth-quarter revenue to be 2/3 higher than the same period last year.
  • AMD's AI advantage remains unproven as cloud firms develop their own AI chips.

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