In the context of Amazon and Apple successively announcing the latest quarterly earnings reports, the US “Big Seven Tech” showed a marked divergence trend in pre-market trading on July 31. Amazon's performance was extremely strong, boosted by strong growth in the cloud business and return on AI spending, while Apple was under heavy pressure due to revenue guidance falling short of expectations for the fourth fiscal quarter and concerns about supply restrictions. As of press release, Amazon's stock price is up about 12%, Tesla is up more than 2%, Alphabet is up about 1.7%, Nvidia is up more than 1%, and Meta is up about 1.3%. In contrast, Microsoft dropped slightly by about 0.9% and Apple by about 7%.
Zhitongcaijing · 1d ago
Share
Listen to the news
In the context of Amazon and Apple successively announcing the latest quarterly earnings reports, the US “Big Seven Tech” showed a marked divergence trend in pre-market trading on July 31. Amazon's performance was extremely strong, boosted by strong growth in the cloud business and return on AI spending, while Apple was under heavy pressure due to revenue guidance falling short of expectations for the fourth fiscal quarter and concerns about supply restrictions. As of press release, Amazon's stock price is up about 12%, Tesla is up more than 2%, Alphabet is up about 1.7%, Nvidia is up more than 1%, and Meta is up about 1.3%. In contrast, Microsoft dropped slightly by about 0.9% and Apple by about 7%.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending