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Amazon jumps 13% on strong Q2 results; Apple drops 7%

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AAPL Apple Inc
$333.85 -1.28%
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  1. 1Amazon (AMZN) shares rose 13% in Friday's premarket trading after Q2 results beat expectations.
  2. 2Cloud led the results, while Apple (AAPL) fell more than 7% on weak services despite a 22% surge in iPhone revenue.
  3. 3Following Microsoft's strong Azure performance the previous day, the AI-driven rebound continued, with Nasdaq 100 futures also up 1.2%.

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