Amazon jumps 15% after AWS grows 37% year over year, while Apple slides 9% and Reddit tumbles 22% on earnings

AI Market Summary
Amazon's earnings drove a sharp re-rating, with AWS growth accelerating 37% YoY, reinforcing AI-infrastructure demand and improving risk appetite across tech-linked exposures. Offsetting signals came from Apple's supply-constraint concerns despite strong iPhone growth and Reddit's traffic volatility tied to AI-driven search changes. Energy profits highlighted oil-driven macro sensitivity, but the immediate market focal point is the cloud/AI demand confirmation from AWS.
Impact level
● Medium
Affected assets
NCSKAMZN2USD/USDT+3.94%
AI Insight · NCSKAMZN2USD/USDTAI Insight
● Neutral
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Amazon reported earnings showing AWS revenue up 37% year over year—its fastest pace in 18 quarters—sending the stock up 15%. Apple posted revenue that beat expectations and said iPhone sales rose 22%, but shares fell 9% on supply-shortage concerns. Reddit topped expectations on both revenue and profit, yet the stock dropped 22% after CEO Steve Huffman said search referrals were choppy during the quarter. The moves underscored how big-tech results and guidance shaped sentiment around AI infrastructure demand.