WS #13149
Amazon's AWS beat (37% growth, 39.4% margin, $220B capex) drove a ~15% surge, while Apple's component shortage warning triggered a ~10% plunge, erasing ~$500B and returning the top market cap spot to Nvidia.
Big Tech Earnings Divergence: AMZN vs AAPL
Amazon's AWS beat (37% growth, 39.4% margin, $220B capex) drove a ~15% surge, while Apple's component shortage warning triggered a ~10% plunge, erasing ~$500B and returning the top market cap spot to Nvidia.