US Stock Futures Climb; Amazon Surges, Apple Declines

By EC Assets · Published 31 July 2026

US stock futures advanced following a significant rally on Wall Street. This rise comes as Amazon experienced gains while Apple shares declined. The Nasdaq 100 led US futures higher. Apple shares dropped 7%, while Amazon surged 12% in recent trading. Investors appear to be selecting artificial intelligence (AI) beneficiaries after earnings reports. Strong technology results have reignited the AI trade. A portfolio manager noted that investors are examining international markets as concerns regarding the "Magnificent Seven" stocks increase. RBC indicated that equities often face difficulties during Federal Reserve transitions. Fresh volatility may present valuation opportunities in US stocks. South Korean shares have climbed after a rout in chip stocks. Yen exhibited swings in currency markets. This article is intended for informational purposes only. It does not constitute investment advice.