Bullish
Amazon Pre-market Jumps 11% on Q2 Cloud Revenue Beat, Apple Slides 6.7%
2026-07-31 16:02:48
AMZN surges 11% pre-market after Q2 cloud revenue exceeds forecasts. AAPL drops 6.7% on weak Q4 guidance. SK Hynix rises 7%.
Woofun AI data shows Amazon (AMZN.O) shares rose 11% in US pre-market trading following stronger-than-expected Q2 cloud services revenue. Conversely, Apple (AAPL.O) fell 6.7% as Q4 revenue guidance missed market expectations. SK Hynix (SKHY.O) gained 7% in the same session.
WOOFUN AI
Impact Assessment · Quick Read
The divergence highlights shifting sentiment between tech giants based on immediate earnings signals. Amazon's cloud strength may support broader tech infrastructure narratives, while Apple's guidance miss could pressure consumer electronics supply chains. SK Hynix's rise suggests continued optimism in memory semiconductor demand.
Generated by WOOFUN AI · For reference only, not investment advice
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