U.S. stocks rise to finish a wild July as Amazon soars, Apple sinks, and inflation worries worsen
The gains for companies that invested in AI like Amazon came despite a rise in oil prices.
Apple was caught in the AI-induced chip crunch.
Amazon Soars, Apple Sinks in Split Tech Earnings
- Market Talk: Apple sinks, Amazon soars in split verdict on AI winners 📹 Reuters — · 4min
- Wall Street ends higher as Amazon soothes AI jitters 📹 Reuters — · 1min
- Amazon shares closed up 15.32% on Friday, the biggest one-day jump since April 2012, after the company reported accelerating AWS revenue (Spencer Soper/Bloomberg) Techmeme —
- Amazon and Apple Deliver the Drama to Close a Turbulent Month Wall Street Journal —
- Wall Street ends higher as Amazon soothes AI jitters The Straits Times —