On July 30, during the pre-market trading session in the US stock market, the majority of large-cap tech stocks experienced an upswing. Notably, Amazon's stock surged by more than 10%. Intel followed suit with a rise exceeding 4%, while Google's shares climbed over 1%. Nvidia saw a 0.9% increase, Meta's stock rose by 0.89%, and Tesla's shares edged up by 0.67%. In contrast, Apple's stock declined nearly 8%, and Microsoft's shares dipped slightly by 0.09%. It's worth mentioning that Microsoft's Azure business growth had initially propelled its stock price to surge nearly 10% in pre-market trading. Additionally, semiconductor stocks also witnessed a boost, with the Philadelphia Semiconductor Index soaring over 5% during the same pre-market period.
