WS #13153
Amazon's Q2 beat (AWS +37%, profit tripled) drove a ~15% stock surge, while Apple's weak Q4 guide on memory shortage/supply constraints triggered an ~8-10% drop, creating a sharp divergence in the MAG7 trade.
Big Tech Earnings Divergence: Amazon Surge vs Apple Plunge
Amazon's Q2 beat (AWS +37%, profit tripled) drove a ~15% stock surge, while Apple's weak Q4 guide on memory shortage/supply constraints triggered an ~8-10% drop, creating a sharp divergence in the MAG7 trade.