Amazon's AI Power Surge Ignites Nasdaq, S&P 500 Rally, and Bitcoin Rebound!

Overview

Amazon's expansion in AI and supercomputing for the U.S. government has boosted market sentiment. This news helped Nasdaq rise by 2.3% and S&P 500 by 1.4%. Cryptocurrencies also benefited, with Bitcoin recovering to $87,300 after a dip. Bitcoin miners focused on AI infrastructure, like Cipher Mining and CleanSpark, saw significant gains.