WS #13121
Amazon's Q2 revenue of $200.6B, AWS +37%, and capex raise to $220B drive Nasdaq futures +1.15% and lift semiconductor complex (MRVL +5%, AMD +4% premarket). Apple slides ~8% premarket on weak guidance, memory-cost inflation, and supply constraints; GF Securities downgrades and Jefferies cuts price target.
Amazon Q2 blowout drives AI rally
Amazon's Q2 revenue of $200.6B, AWS +37%, and capex raise to $220B drive Nasdaq futures +1.15% and lift semiconductor complex (MRVL +5%, AMD +4% premarket).
Apple slides ~8% premarket on weak guidance, memory-cost inflation, and supply constraints; GF Securities downgrades and Jefferies cuts price target.