The Chonkerton

Apple drops 7%, Amazon surges 12% as investors pick AI winners after earnings

tech

Amazon's shares surged twelve percent in Friday premarket trading while Apple dropped seven percent, according to CNBC, as investors reacted to both companies' earnings. The divergence reflects investor focus on artificial intelligence as a key factor in how the market is valuing tech companies.

Source: https://www.cnbc.com/2026/07/31/apple-aapl-amazon-amzn-st...

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