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Amazon Surges, Apple Falls as Markets Close Higher

By Google News Business · Summarized & edited by · 2026-08-01
Amazon Surges, Apple Falls as Markets Close Higher

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Why it matters: Amazon's single-stock surge lifted the S&P 500 and Nasdaq higher even as Apple fell the same session — a divergence showing how uneven the AI trade remains across mega-cap tech on a day Amazon single-handedly eased market-wide AI concerns.

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