Amazon.com, Inc. (NASDAQ:AMZN) rises 15% with AWS margins buoying $220 billion AI investment plan
Amazon closed at $271.58 on Friday, jumping 15.3%. The gain far outpaced the wider market. U.S. cash markets did not open on Sunday.
Nvidia (NASDAQ:NVDA) Shares Top $200 as Amazon Pushes Higher AI Investment
NVIDIA Corporation ended Friday’s session at $200.75, rising 2.9%. Over the week, however, the stock declined 2.9%.
Liverpool stake sale valued at £1.35 billion would see FSG’s return multiply by 4.5 times
Fenway Sports Group stands to receive £1.35 billion from selling a 30% stake in Liverpool, a figure that is 4.5 times higher than the £300 million it spent to acquire the club in 2010.
Cloud Revenue Highlights Divide in AI Stock Selloff, Separating Market Winners and Losers
U.S. cash markets did not open on Sunday following a turbulent AI-driven week that finished up. Investors favored clear cloud revenue growth while penalizing poor cash conversion. Chipmakers suffered more significant losses on concerns about supply linked to China.
Stock Market Today: Live Updates 02.08.2026
LIVEMarkets rolling coverageStarted: August 2, 2026, 4:00 AM EDTUpdated: August 3, 2026, 3:59 AM EDT Analyzing Firearm Manufacturing Stocks: Sector Cyclicality, Demand Indicators, and Risk Factors August 3, 2026, 3:54 AM EDT. Shares of firearm manufacturers are notably cyclical among industrials, impacted by both unit shipments and average selling price. Leading firms in the space include Sturm, Ruger & Co. (RGR), Smith & Wesson Brands (SWBI), and Olin Corporation (OLN). Investors often rely on the FBI’s NICS background-check data as a significant, timely indicator of consumer demand and an early tool for revenue projections. This segment is marked by distinctive
Wall Street Ends Higher Ahead of Key Jobs Data That Could Challenge Big-Tech Gains
U.S. cash markets remained shut on Saturday, following a turbulent week that saw gains. Trading will resume in the next standard session on Monday at 9:30 a.m. EDT.
Amazon (NASDAQ:AMZN) Jumps 15% Following AWS-Fueled Operating-Profit Rise of 78%
Amazon’s surge on Friday was driven by factors beyond AWS’s 37% growth. The cloud division accounted for $6.46 billion of the $8.29 billion rise in Amazon’s operating profit.
S&P 500 Rises 1% Over the Week While AI Impact Leads to Mixed Results Among Major Tech Stocks
Wall Street advanced last week, yet the market rally heightened scrutiny of AI investments. Investors favored strong cloud earnings, while companies with poor cash conversion faced selling pressure.
TS2 TECH • U.S. MARKET
US Stock Market Forecast: Week Ahead
Last updated August 1, 2026 • 05:36 ET / 11:36 CEST • U.S. markets are closed
S&P 500
7,489.72
+1.0% last week
Nasdaq
25,373.85
+1.6% last week
Dow Jones
52,485.03
+1.0% last week
Russell 2000
2,931.34
Less than +0.1% last week
Wall Street moves into August showing a modest positive trend, but stops short of a decisive surge higher. The S&P 500 rose 1.0% over the past week, ending the period 1.6% under its June 2 all-time high. The Nasdaq advanced 1.6%, as small cap stocks remained mostly unchanged.
Near-term bias
Neutral to positive
Neutral to positive
Ideally, hiring remains steady and wage increases stay limited. Strong jobs data may push Treasury yields and rate-hike expectations higher. A significant disappointment could fuel worries about economic growth.
The recovery remains limited in scope
Friday highlighted underlying tension. The S&P 500 climbed 0.7%, yet losing stocks surpassed gainers by 1.3 to 1. A handful of major firms powered the index higher. July ended with the Nasdaq falling 3.2%.
Distance to record
1.6%
The S&P 500 is still near levels that could prompt another test, though broader market participation is needed.
Forward valuation
20×
Projected earnings stand at about 19 times the 10-year average.
Q2 profit growth
+29.3%
S&P 500 earnings growth after adjustments, covering both reported figures and latest projections.
US 10-year yield
4.745%
Friday’s session ended with higher yields continuing to weigh on equity multiples.
September hike odds
67%
Probability of a 25 basis point hike by the Federal Reserve as priced in by the market.
VIX close
15.99
The index slid 6.44% on Friday, even as several individual stocks posted significant swings.
Fed rate: 3.50%–3.75%
The central bank left rates unchanged with a 9–3 vote, as three members called for an immediate quarter-point hike.
Core PCE: 3.3% year on year
Inflation is still higher than the 2% target, making robust labour numbers more difficult for equities to digest.
Leadership division persists
Small caps remain ahead in 2026, yet they missed last week’s rally. The divergence is notable. Sustained gains typically require participation beyond megacaps.
Russell 2000
+18.1%
S&P 500
+9.4%
Nasdaq
+9.2%
Dow Jones
+9.2%
Returns from the beginning of the year up to July 31, 2026. Bar scale ranges from 0% to 20%.
Coming up: August 3–7
The jobs report is the primary focus. Over one in four S&P 500 companies are scheduled to announce results, maintaining elevated single-stock volatility.
August 3
Monday
ISM manufacturing: Expected at 54.0, compared with 53.3 in June.
After markets shut: Palantir (NASDAQ:PLTR).
August 4
Tuesday
Trade deficit: Forecast at $73.0 billion, compared to $77.6 billion.
Job openings: Forecast at 7.5 million, compared to 7.6 million.
Results: Merck (NYSE:MRK), Caterpillar (NYSE:CAT), AMD (NASDAQ:AMD) and SpaceX (NASDAQ:SPCX).
August 5
Wednesday
ADP jobs: Forecast stands at 75,000, compared with 98,000.
ISM services: Forecast at 54.4, compared to 54.0 previously.
Results: Eli Lilly (NYSE:LLY) reported earnings.
August 6
Thursday
Initial claims: Forecast was 200,000; actual result was 197,000.
Q2 productivity: Expectations were for 0.7%, compared with 0.3%.
August 7
Friday
Nonfarm payrolls: Forecast at 83,000, compared to 57,000 in June.
Unemployment: Expected at 4.3%, compared to 4.2%.
The wage data could prove just as significant as the overall jobs number.
Three possible market directions
Bull case
Record retest
Payrolls come in around 83,000, with unemployment remaining near 4.3% and Treasury yields slipping from 4.745%. Major companies post strong earnings, supporting the current earnings narrative. The S&P 500 now needs to climb just 1.6% to recover.
Base case
Uneven consolidation
Index gains are underpinned by profit growth, yet a 20-times multiple and 67% chance of a rate hike curb further upside. Major growth stocks are at the forefront, while broader market participation stays uneven.
Bear case
Rates take control
If hiring or wages heat up, oil prices remain high and the 10-year yield climbs, markets may face added strain. A disappointing earnings result from a leading AI or industrial firm could intensify selling, and last week’s gains could be erased.
Risks involved
WTI crude settled at $84.67 on Friday, while Brent ended at $90.12. Fresh tensions between the US and Iran could push energy prices higher and increase inflation forecasts. Rising bond yields may heighten valuation pressures, while a dense earnings calendar adds to gap risk among the biggest index components.
Perspective from investors
The 1.0% weekly rise should not be taken as widespread confirmation. A clearer indication will come next week if yields drop and participation increases. Absent both, any attempt at a record high could stay vulnerable.
Dow Jones climbs 278 points; two stocks accounted for an estimated 124% of the gain
The Dow Jones Industrial Average ended Friday up by 277.68 points, closing at 52,485.74 after regular trading wrapped up at 4 p.m. EDT. The index advanced 0.53%.
U.S. stocks climb as AI-driven surge sidesteps small caps
U.S. equities finished up on Friday, with technology and consumer sectors posting the strongest gains. The S&P 500 advanced 0.70%, and the Nasdaq rose 1.00%. The cash session ended at 4 p.m. EDT.
US Stocks Hold Steady Midday Amid AI-Driven Gains, Treasury Yield Stands at 4.73%
U.S. equities gave up the bulk of their initial gains by midday on Friday as rising Treasury yields offset positive momentum from strong cloud earnings. The S&P 500 was unchanged, while the Nasdaq held a modest lead.
Dow Jones Gains Led by Five Stocks While Broader Market Lags
The Dow Jones Industrial Average gained ground on Friday, lifted by a limited cloud-driven recovery. By 12:01 p.m., it had reached 52,396.89, an increase of 188.83 points. U.S. cash markets stayed open.
Amazon.com (NASDAQ:AMZN) Cloud Profit Lift Pushes Nasdaq Futures Higher, Redefining Wall Street’s AI Benchmark
U.S. stock futures rose on Friday, driven by gains in Amazon’s cloud segment that offset Apple’s softer outlook. The Nasdaq 100 outperformed. The main session was set to open at 9:30 a.m. EDT.
Amazon shares seen rising 12% as higher AWS profit share allays $220 billion AI investment concerns
Amazon shares were pointed up 12.1% at $264.00 ahead of Friday’s opening bell, after AWS reported its strongest growth in 18 quarters. The advance came after a 3.9% increase on Thursday.
Amazon (NASDAQ:AMZN) scales back Nova models as $200 billion AI investment put to test
Amazon.com is said to be discontinuing most of its main Nova artificial-intelligence models. Resources, including engineers and computing power, are being shifted to a frontier-model team headed by Pieter Abbeel.
Amazon’s AWS Profit Margin Faces Scrutiny as Stock Drops 7.4% Ahead of Q2 Results
Amazon.com heads into Thursday's results following a five-day drop of 7.4%. That fall is steeper than the almost 6% change that options markets anticipated around earnings. U.S. markets are not currently open. The stock closed at $226.65, then fell 0.8% more in after-hours trade.
Dow Futures Climb While Nasdaq Drifts, Continuing Wall Street’s AI Shift
U.S. equity futures diverged Tuesday as regular trading remained halted. Dow futures rose by 0.9%, but Nasdaq 100 futures fell 0.8%. S&P 500 futures fluctuated close to flat.
Amazon Earnings Outlook: AWS Margins Under Pressure Amid $200 Billion Capex Plan
Amazon approaches earnings facing a tougher challenge than just headline cloud growth. While AWS revenue might increase, its operating profit may decrease on a sequential basis.
US Week Ahead: Four Major Tech Firms Surpass S&P 500 Financials Sector in Weight
Next week, earnings from four mega-cap companies will account for 17.55% of the S&P 500, surpassing the weight of the full financials sector, which represents 12.37%, by a margin of 5.18 percentage points.
Wall Street Drops for Second Week as Investors React to AI Earnings Beats; Fed Decision in Focus
Wall Street ended last week with investors selling on positive news. The S&P 500 lost 0.6% to finish at 7,411.98. The Nasdaq Composite shed 2.1% to close at 24,975.82. Both benchmarks recorded a second straight weekly decline. U.S. markets are closed for the weekend. Yakima HeraldYahoo Finance
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