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At close · Fri, Jul 31, 2026
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Home›US Markets›Equities›Apple falls 7% while Amazon jumps 12% after earnings

Apple falls 7% while Amazon jumps 12% after earnings

The moves are showing up in Friday premarket trading as investors reassess which AI-linked companies are best positioned.

Reported · Written up by our desk · Equities

Shares of Amazon surged about 12% in Friday premarket trading, while Apple fell roughly 7% as investors digested their latest earnings, according to CNBC.

The contrasting reactions suggest investors are shifting attention to which companies they view as stronger AI winners after results came out.

With both stocks moving sharply before the regular session, the earnings updates are driving immediate repricing in the market, CNBC noted.

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Sources

CNBC MarketsApple drops 7%, Amazon surges 12% as investors pick AI winners after earnings
CNBC WorldApple drops 7%, Amazon surges 12% as investors pick AI winners after earnings
CNBC EarningsApple drops 7%, Amazon surges 12% as investors pick AI winners after earnings

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