StocksMedium•4 November 2026•
1 min read
Amazon and Microsoft Stocks Surge Despite US Midterm Election Results
Key Facts
1Amazon shares climbed more than 7% to $271.49 in Wednesday morning trading.
2Major cloud technology stocks rose despite Democratic victories in the US midterm elections.
Amazon shares climbed more than 7% to $271.49 in Wednesday morning trading, Invezz reported. Major cloud technology stocks rose despite Democratic victories in the US midterm elections, with Amazon and Microsoft leading sector gains with surges of approximately 6-7% during the session.
Amazon was trading at $267.375 on November 4, 2026, while Microsoft was trading at $556.07 on the same date. In the broader tech sector, Apple was trading at $353.98 and Alphabet was trading at $291.11 on November 4, 2026, as markets reacted positively despite potential concerns over tighter AI data center regulations.