ExxonMobil also reported a production drop due to the war in Iran.

Chevron's production fell as much as 6% in the first quarter, partly due to the war in Iran, with an expected negative financial impact of up to $3.7 billion.

Amazon Web Services' artificial intelligence revenue run rate was more than $15 billion in the first quarter and is ascending rapidly.

Amazon CEO Andy Jassy stated in a letter to shareholders that AWS has the potential to grow even faster.

The average rate for a 30-year fixed mortgage in the U.S. declined to 6.37% from 6.46% last week, the first drop in five weeks.

Sazerac is reportedly considering a deal with Brown-Forman, which has also been in deal talks with Pernod Ricard.

US weekly jobless claims rose to 219,000, while continuing claims fell to the lowest level in almost two years.

The Intercontinental Exchange is boosting margin requirements for traders of Brent and European diesel futures contracts, increasing trading costs.

Amazon is committing more than $4 billion to expand its rural delivery network.