WS #13117
Microsoft's record +15% surge and Amazon's AWS beat confirm AI capex is translating into revenue, lifting tech sentiment and global equities. Apple's record Q3 beat is overshadowed by weak Q4 guidance due to memory chip shortages and AI-driven capacity crunch, sending stock down 7-8%.
AI-driven tech rally continues
Microsoft's record +15% surge and Amazon's AWS beat confirm AI capex is translating into revenue, lifting tech sentiment and global equities.
Apple's record Q3 beat is overshadowed by weak Q4 guidance due to memory chip shortages and AI-driven capacity crunch, sending stock down 7-8%.