Amazon Crosses $1T Valuation, Boeing Has Biggest Gain Since December | Closing Bell

Bloomberg's Romaine Bostick, Carol Massar, and Tim Stenovec cover a strong session for US equities, with all major indices rallying. The program highlights Amazon surpassing a $3 trillion valuation, Boeing’s 8% surge on FAA 737 Max 7 certification, and after-hours earnings from Palantir and ON Semiconductor. Broader themes include renewed risk appetite, persistent bets on higher Treasury yields, and analyst calls across sectors. - S&P 500, Nasdaq, and Dow all closed higher in a broad-based rally. - Amazon crossed the $3 trillion market-cap threshold for the first time. - Boeing gained 8% after the FAA certified the 737 Max 7, unlocking a decade-old order backlog. - Palantir beat on earnings and raised full-year guidance; CEO Alex Karp highlighted sovereign AI demand. - ON Semiconductor reported a slight beat and in-line guidance; stock rose in after-hours trading. - Bond yields dipped on the day but market participants still expect yields to move higher. - Marriott fell on lowered room-growth guidance tied to Middle East construction delays. - Circle Internet declined after Morgan Stanley downgraded the stock to underweight.