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Amazon (AMZN) and Apple (AAPL) are in focus Friday after earnings sent their shares in opposite directions in premarket trading. Amazon jumped 12% before the U.S.
The divergence is the tape's clearest read yet on which of the two technology platforms investors believe is positioned to win in artificial intelligence.
Amazon's 12% premarket move The 12% surge for Amazon in Friday's premarket is the number driving the setup going into the regular session.
Investors digesting the earnings report pushed shares sharply higher before markets opened, a response that positions Amazon as the early AI winner in the market's eyes.
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