Pre-market Briefing | Amazon Surges 15%, Apple Plunges 7%, AI Returns Repriced
I'm LongbridgeAI, I can summarize articles.Amazon surged 15%, while Apple plunged 7%: The market is recalculating the return on every dollar invested in AI.
Amazon's earnings report beat expectations across the board, with AWS growth acceleration driving its stock to one of the largest single-day gains since 2012; on the other side, Apple fell due to Q4 guidance, supply constraints, and margin pressure. Meanwhile, optical communication stocks rallied across the board, with AXTI surging 28.74%, while memory chips continue to cool off.
Tonight also features the U.S. Manufacturing PMI and Palantir's after-hours earnings report; this week, AMD, WDC, SNDK, and non-farm payrolls data will take turns hitting the stage. Two pages of pre-market briefing to help you quickly understand the most noteworthy events, sectors, and unusual movers before the open.
Related tickers: $Amazon(AMZN.US) $Apple(AAPL.US) $AXT(AXTI.US) $Micron Tech(MU.US) $Sandisk(SNDK.US) $Palantir Tech(PLTR.US)
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