Quartz·1 min read·medium
Amazon jumped 13%. Apple fell 7%. The AI trade is picking clear winners again
✦AI Summary
Amazon stock rose 13% following strong cloud performance, while Apple shares fell 7% due to a shortfall in service revenue. The market movement underscores the shifting investor focus on specific winners within the AI-driven tech sector.
Strong cloud results lifted Amazon and chipmakers, while Apple's service revenue shortfall sent its stock lower ahead of Friday's open
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