WS #13175
Amazon's AWS growth (37% YoY) and raised capex to $220B, plus Microsoft's cloud strength, drove a 15% surge in both stocks, while Apple fell 7% on tariff refund impact and other concerns, creating a MAG7 divergence.
Tech earnings divergence: Amazon and Microsoft surge, Apple declines
Amazon's AWS growth (37% YoY) and raised capex to $220B, plus Microsoft's cloud strength, drove a 15% surge in both stocks, while Apple fell 7% on tariff refund impact and other concerns, creating a MAG7 divergence.