CLOn July 31, 2026, shares of Amazon rose strongly in pre-market trading on Wall Street, while Apple shares fell sharply after both companies released their second-quarter earnings reports. Amazon’s stock climbed 11% to $261.60, driven by strong performance from its cloud computing division, Amazon Web Services (AWS), which saw a 37% year-over-year revenue increase—the fastest growth since 2021. In contrast, Apple’s shares dropped 7% to $308, despite beating market expectations in profits and iPhone sales. However, Apple disappointed investors with weaker-than-expected revenue projections for the current quarter, citing supply chain constraints and competition for chip manufacturing capacity. Apple has still had a strong year overall, with its stock rising over 57% in 2026. Meanwhile, Amazon’s stock has underperformed this year, down 1.8% year-to-date.
Bias read (Center): The article provides a balanced overview of the financial performances of two major technology firms, Amazon and Apple, focusing on their quarterly results and market reactions. There is no evident ideological framing, loaded language, or selective emphasis on particular perspectives. The content is
