How Amazon's Cloud Boom Drove a 12.3% Surge While Apple Warned of Supply Risks — Market Wrap Jul 31, 2026

7horns.ai Daily Briefing EN · Jul 31, 2026 · 3m

Today's AI insights from 7horns.ai highlight a strong tech-led market rally as Amazon's shares surged 12.34% following a 37% acceleration in AWS cloud growth and better-than-expected revenues. Meanwhile, Apple’s stock dropped 7.33% in pre-market after warning of significant supply chain constraints despite a record quarter. Microsoft’s prior 15.51% surge contrasts with Meta Platforms’ 7.95% fall on capital expenditure concerns, underscoring a bifurcated market favoring immediate cloud revenues. Asian markets set a positive tone overnight, with Japan’s Nikkei climbing 4.37%, led by…