How to Display API Data Using Axios with React (Axios React API Tutorial)``` Axios is a JavaScript library for managing your code’s ability to reach out to the web, commonly used to connect resources, exchange data, and access services. It's similar to fetch but has some key differences in handling response objects. Axios is often used with React due to its ability to handle requests asynchronously without blocking other tasks. The library provides features such as interceptors for accessing request or response configuration, instances for creating reusable configurations, and defaults for setting common headers on outgoing requests. These features make Axios a useful tool for building complex applications that frequently make API requests. By using Axios with React, developers can keep their code DRY by separating instances for different APIs, setting up global error handling with interceptors, and defining default headers. The library also provides the ability to transform response data before it reaches the component, which can simplify the code in the component but adds visual complexity in the api.js file. In this tutorial, we used Axios with React to build a simple stock market application that displays daily close prices for a given stock symbol. We created an instance of Axios and configured it with a base URL and headers, then used its methods to make API calls to retrieve data from the Alpha Vantage API. The transformed response data was easily handled by the component, providing a clear benefit of using Axios in this context.