PANews reported on October 31 that the three major U.S. stock indexes opened higher, with the Dow Jones Industrial Average up 0.07%, the S&P 500 up 0.7%, and the Nasdaq Composite up 1.5%. Amazon (AMZN.O) surged 12% after its Q3 results exceeded expectations, with cloud services experiencing their fastest growth in three years. Apple (AAPL.O) rose 2%, hitting a new record high, with Q4 revenue reaching a record high for the same period and optimistic expectations for the next fiscal quarter. Nvidia (NVDA.O) rose 1.7% after reaching an agreement with a South Korean company to supply more than 260,000 AI chips. Reddit (RDDT.N) jumped 12.8% after raising its fourth-quarter earnings forecast. Amazon (AMZN.O) opened with a 12% surge, adding nearly $300 billion to its market capitalization.