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- Jul 31 Microsoft and Amazon earnings lift all stocks
Market
“🚀 Amazon $AMZN ( ▼ 0.99% ): Soaring +13% to +15% after beating earnings expectations across the board. Drivers include accelerating growth in Amazon Web Services (AWS) and AI infrastructure, alongside record operating margins.” 😊 😋
U.S. stocks are extending their late-week rebound, swinging higher as investors digest a heavy wave of Big Tech earnings,
Energy Sector Earnings: ExxonMobil $XOM ( ▼ 3.54% ) dropped ~2% after missing revenue targets, while Chevron $CVX ( ▼ 2.86% ) gained slightly on better-than-expected earnings fueled by higher realization prices for oil over the quarter.
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Insights from the portfolio
Video of the day
Today’s video is on Meta $META ( ▲ 0.46% ) the social networking company.
