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Apple Slides on Chip Shortage, Amazon Soars on Cloud Blowout

Apple Slides on Chip Shortage, Amazon Soars on Cloud Blowout

Published 1 week, 4 days ago
Description

Market update for Friday July 31, 2026

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In today’s episode, Zaid covers:

  • The Situational Awareness AI hedge fund blowup that may have marked the bottom for the AI trade
  • Why Apple's record quarter wasn't enough to keep the stock from sliding
  • Amazon’s booming cloud business and its massive $220 billion AI spending plan
  • Peacock joining YouTube Premium as streaming slowly rebuilds the cable bundle
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