US Futures Climb as Focus Shifts Back to Earnings, Oil Slides - Bloomberg.com
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- US equity futures climbed as market focus shifted back to earnings, with oil prices sliding, according to Bloomberg.
- Amazon surpassed a $3 trillion market cap on a continued post-earnings rally, according to CNBC, with CEO Andy Jassy highlighting AWS's booming growth in the company's Q2 commentary.
Why it matters: Amazon crossing $3 trillion places it among an ultra-exclusive club of mega-cap companies, and its post-earnings momentum is anchoring the broader US futures rally while oil slides — a session where single-name earnings strength, not macro anxiety, is driving market direction.
