WS #13129
Amazon surges ~12-15% on record cloud growth and AI demand exceeding supply through 2027, while Apple falls ~7-10% on weak Q4 guidance (9-11% vs ~12% consensus) due to memory chip costs and supply constraints, driving a tech-led index rebound. Microsoft's Azure +43% and Amazon's AWS acceleration confirm AI spending is monetizing, but the collapse of Aschenbrenner's $45B AI hedge fund on margin calls and forced liquidation of SK Hynix/CoreWeave highlights leverage risk in the AI complex.
Mega-cap tech earnings bifurcation (AMZN vs AAPL)
Amazon surges ~12-15% on record cloud growth and AI demand exceeding supply through 2027, while Apple falls ~7-10% on weak Q4 guidance (9-11% vs ~12% consensus) due to memory chip costs and supply constraints, driving a tech-led index rebound.
Microsoft's Azure +43% and Amazon's AWS acceleration confirm AI spending is monetizing, but the collapse of Aschenbrenner's $45B AI hedge fund on margin calls and forced liquidation of SK Hynix/CoreWeave highlights leverage risk in the AI complex.