S&P 500, Nasdaq gain after Amazon-OpenAI deal; Kenvue soars after buyout

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The S&P 500 and Nasdaq indices rose on Monday, driven by Amazon's record high after a $38 billion deal with OpenAI and Nvidia's 2.5% gain following a statement from President Trump and Microsoft's export licenses.

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Market impact analysis based on bullish sentiment with 85% confidence.

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Bullish
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85%

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2025 -The S&P 500 and Nasdaq kicked off November on firmer ground on Monday, after a slew of AI deals boosted megacap companies Amazon and Nvidia, while Kenvue shares soared after Kimberly-Clark's buyout deal. Amazon.com hit a record high after signing a multi-year $38 billion deal to supply cloud computing services to OpenAI, giving the ChatGPT maker access to Nvidia's graphics processors. Nvidia gained 2.5% after President Donald Trump said the company's most advanced chips will be reserved for U.S. companies and Microsoft secured export licenses to use its chips in UAE data centers.

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