First Look: Apple Drops, Amazon Surges, Microsoft Hits Record

This is Guru Focus First Look, your morning market brief for Friday, July 31. Here are the stories driving markets today. Apple shares fell 7% while Amazon surged 12% in after hours trading following earnings reports as investors favored Amazon's AIdriven growth prospects over Apple's more cautious outlook.In its final earnings call under CEO Tim Cook, Apple warned of a hundred-year flood in memory chip pricing, highlighting ongoing supply chain challenges. Meanwhile, Amazon raised its 2026 capital expendit ...