On Yahoo Finance's Market Minute, Yahoo Finance anchor Julie Hyman outlines three of Wall Street's top stories: Amazon (AMZN) stock hitting a fresh record high, Cloudflare (NET) earnings beating estimates, and Newell Brands (NWL) cutting its full-year outlook.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
Video Transcript
00:00 Speaker A
It's time for Yahoo Finance's Market Minute. Stocks are higher on track for a weekly win as strong earnings from Amazon offset wariness around big tech earnings earlier in the week. Amazon shares hitting a record high after reporting its fastest cloud computing growth since 2022. Like the other hyperscalers, Meta, Microsoft and Alphabet, Amazon says it plans to aggressively raise its data center capacity. These four companies combined will spend nearly $400 billion this year.
00:29 Speaker A
Cloudflare shares are surging to a new record after reporting better than expected sales and beating analyst profit estimates in the latest quarter as it acquired more large enterprise customers.
00:41 Speaker A
And shares of Newell Brands, the company behind Yankee Candle and Sharpie, sinking as consumers reject tariff fueled price hikes. Newell Brands cut its full-year outlook. The CEO saying, quote, the pricing that we put in the market turned out to position us as being uncompetitive. And that is your Yahoo Finance Market Minute.
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Amazon stock & Cloudflare stock hit record highs after earnings
Published 1 week ago
Oct 31, 2025 at 4:12 PM
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