Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its peers are pouring into artificial intelligence will pay off.

After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead.

Wall Street's main stock indexes closed higher on Friday, with their biggest boost coming from Amazon's upbeat earnings forecast, but sentiment was dampened by worries that the Federal Reserve is becoming more cautious about cutting rates.

U.S. stocks closed higher Friday, with shares of Amazon surging following its quarterly earnings results. The Dow, S&P 500 and Nasdaq ended October with monthly gains despite the government shutdown.

Investors cheered the tech giant’s latest results showing that its huge investments in artificial intelligence are beginning to show returns.

Amazon is pouring billions into AI infrastructure. Its cloud boss says the company feels "quite good" about its strategy.

The company's top human resources executive said Tuesday that the tech giant needs to be "organized more leanly" due to the "transformative" nature of AI.

The Amazon Exclusive Star Wars Advent Calendar is now going for $26, which is 15% off the regular price. The modest $4 discount isn’t huge, but it’s a nice bonus on something that’s already budget-friendly. And while there’s no clear end date on the offer, we don’t expect it to stick around for long. Best to grab it while it’s still live.

U.S. stocks closed higher Friday, with shares of Amazon surging following its quarterly earnings results. The Dow, S&P 500 and Nasdaq ended October with monthly gains despite the government shutdown.

The recalls range from children’s bed rails to mattresses and furniture that pose hazards such as fire risks and tip-over dangers.