Apple Drops 7%, Amazon Surges 12% After Earnings Reports
Earnings·1 article across 1 outlet·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Shares of Amazon jumped sharply in premarket trading on Friday while Apple dropped as investors digest earnings.
Futures rise with Amazon extending the AI rebound, even with Apple tumbling on mixed results and a weak outlook.
AppleAmazon
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Shares of Amazon jumped sharply in premarket trading on Friday while Apple dropped as investors digest earnings.”
CNBC — Apple drops 7%, Amazon surges 12% as investors pick AI winners after earnings“Futures rise with Amazon extending the AI rebound, even with Apple tumbling on mixed results and a weak outlook.”
IBD — Dow Jones Futures: Apple, Amazon Diverge Late; What To Do As AI Stocks Rally
SupportCorroborates it
“Amazon jumped 13%. Apple fell 7%. The AI trade is picking clear winners again”
quartz — Amazon jumped 13%. Apple fell 7%. The AI trade is picking clear winners again“The tech-heavy Nasdaq composite and AI chip stocks stage a snapback rally Thursday.”
IBD — Nasdaq, AI Chip Stocks Snap Back After Market Sell-Off; Amazon, Apple Move On Earnings Late
Earlier versions
- Jul 31, 8:50 AM — Apple Drops 7%, Amazon Surges 12% After Earnings Reports (1/1)