Tech stocks today: Microsoft, Amazon jump after last week's strong earnings - Yahoo Finance
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- Microsoft and Amazon gained a combined $1.04 trillion in market capitalization over two days following their latest earnings reports.
- Apple and Meta Platforms lost a combined $510 billion in market cap over the same period, as investors rotated away from them toward the AI-cloud winners.
Why it matters: Microsoft and Amazon added $1.04 trillion in two days while Apple and Meta shed $510 billion — a $1.55 trillion internal rotation within Big Tech that means the sector's index contribution now depends on just two names and their AI-cloud narrative, raising concentration risk for any fund benchmarked to the group.
