Markets News, 31 Temmuz: Dow, Nasdaq, S&P 500 Fişi Olarak Temmuz Ayı Kazançlarını Azalttı; Amazon Hisse Senetleri Yükseliyor, Apple Cuma Günü Batıyor

Markets News, July 31: Dow Logs Slim July Gains as Nasdaq, S&P 500 Slip; Amazon Stock Soars, Apple Sinks Friday

Aaron Rennie

Fri, July 31, 2026 at 1:54 PM GMT+3 14 min read

U.S. stock indexes finished a volatile week of trading higher, though they ended July mostly lower.

The tech-focused Nasdaq Composite, benchmark S&P 500, and blue-chip Dow Jones Industrial Average closed Friday up a respective 1%, 0.7%, and 0.5% Friday. All three opened higher, briefly turned lower, then reversed course again.

Over the five sessions—which included a sell-off Wednesday after the Federal Reserve elected to stand pat on interest rates despite lingering inflation concerns—the Nasdaq, S&P 500, and Dow rose a respective 1.6%, 1%, and 1%. For the month, the Dow rose 0.3% while the Nasdaq fell 3.2% and the S&P 500 slipped 0.1%.

Amazon (AMZN) shares jumped nearly 16% after the Magnificent Seven tech giant posted strong cloud-computing results. However, Apple (AAPL) shares sank 7% to lead S&P 500 and Nasdaq decliners after the iPhone maker reported weaker-than-expected services revenue.

Microsoft (MSFT) shares rose 3% a day after surging 16% on results that beat analysts' expectations; Thursday's move added $450 billion to the company's market capitalization. Meta Platforms (META) stock finished more than 3% higher after sinking 8% Thursday.

The 10-year Treasury yield, which influences interest rates on a variety of consumer loans including mortgages, was at 4.73% at 4 p.m. ET. Earlier Friday it hit 4.75%, its highest level since January 2025.

Oil prices were higher as traders assessed the latest Middle East developments. U.S. benchmark West Texas Intermediate futures rose 1.4% to $84.80 a barrel in recent trading, while global benchmark Brent crude futures advanced 1.2% to above $90. WTI and Brent prices declined about 5% and 9% this week.

Bitcoin was trading around $62,900, down from overnight highs around $65,300. The U.S. dollar index, which tracks the value of the greenback against a basket of foreign currencies, edged higher to 99.93. Gold futures declined 1.3% to $4,105 an ounce.

JULY 31, 2026 AT 07:57 PM GMT

Major Indexes Snap Weekly Skids, End Mixed for Month

For the first time in four weeks, all three major U.S. stock indexes closed higher.

The Nasdaq Composite, Dow Jones Industrial Average, and S&P 500 finished up 1.6%, 1%, and 1%, respectively, over the five sessions.

All three had closed lower the previous two weeks, and the Dow snapped a three-week skid.

The Dow finished up slightly for July but the Nasdaq closed down more than 3% and the S&P 500 ticked 0.1% lowerfor the month.

For the year, all three are up between 9% and 10%.

JULY 31, 2026 AT 07:29 PM GMT

GoDaddy Is Worst S&P 500 Performer Friday

GoDaddy stock is having a rough final day of July.

Shares of GoDaddy (GDDY) sank 15% Friday, a day after the website domain provider issued weaker-than-expected full-year guidance.

The Tempe, Ariz.-based firm narrowed its fiscal 2026 revenue guidance to a range of $5.215 billion to $5.255 billion, with the midpoint coming in below the Visible Alpha consensus of $5.24 billion. In addition, GoDaddy affirmed its free cash flow target of about $1.8 billion, while analysts were looking for $1.9 billion.

GoDaddy's second-quarter results topped analysts' expectations.

GoDaddy shares have lost about a third of their value since the start of the year.

JULY 31, 2026 AT 06:28 PM GMT

Amazon Leads Consumer Discretionary Sector Higher

The S&P 500 Consumer Discretionary Sector is up more than 6% today. Perhaps that shouldn't be a surprise: After all, Amazon is a component.

Shares of Amazon (AMZN) are up roughly 15% to pace the overall S&P 500 Friday (as well as the Nasdaq and Dow). It is in the Consumer Discretionary Sector and not the Information Technology Sector as one might expect.

The Communication Services Sector also is having a strong day, up 4.2%, led by a 6.5% rise in Alphabet (GOOGL) shares.

JULY 31, 2026 AT 05:46 PM GMT

Is This the Last Stand for Trump's Tariff Wall? Why His Third Wave of Import Taxes Isn't Fazing the Economy

President Donald Trump's newest tariffs landed last week with little effect on markets or prices, and importers sued to overturn them within hours.

The tariffs are the administration's third attempt in a year at a broad tax on imports. The Supreme Court struck down the first in February. The 10% global tariff that Trump used to replace them had a 150-day limit. Once those duties lapsed July 24, the administration imposed new ones of 10% or 12.5% under a different portion of the trade law.

The U.S. Trade Representative said the new tariffs were to punish countries for not doing enough to stop the trade in products made with forced labor. Opponents were in court the same day. A spice importer and a watch retailer filed a proposed class action in the U.S. Court of International Trade seeking to void the duties and recover refunds with interest. Learning Resources, the family toymaker that beat the emergency-powers tariffs at the Supreme Court, sued separately.

The new import taxes are in addition to the 25% tariff Trump recently imposed on Brazil, as well as other tariffs the Trump administration has imposed on specific items like steel and cars. On top of that, Trump has threatened to impose a 50% tariff on Canadian products, although that is not set to go into effect until Aug. 19, giving negotiators in both countries time to defuse the dispute.

Read the full story here.

-Diccon Hyatt

JULY 31, 2026 AT 05:01 PM GMT

Coinbase Stock Tumbles After Its Quarterly Report Shows Effects of Crypto Winter

Shares of Coinbase Global (COIN) dropped about 15% Friday afternoon, extending its recent slide.

The bruising came after America's largest public crypto exchange posted second-quarter results that missed Wall Street estimates. Its revenue of $1.22 billion, largely tied to crypto trading volumes, missed analyst expectations of $1.29 billion, per brokers tracked by Visible Alpha. The company also reported a net loss of $359.5 million, below Street estimates of $120.7 million.

The effects of crypto winter shows in the company's business. Transaction revenue fell in the three months ended in June compared to the period a year prior, primarily driven by a 38% decline in consumer crypto spot trading volume, according to the company. Part of that was offset by growth in its derivatives and prediction markets trading—a couple of the many offerings Coinbase recently rolled out in a bid to pivot away from being linked to the crypto market.

CEO Brian Armstrong in an earnings call said Coinbase's sales "really decoupled from Bitcoin trading fees," with about 88% of its net revenue coming from something other than spot trading in the cryptocurrency and "more durable" than in past cycles.

"Coinbase is no longer a bet just on the price of Bitcoin," he said.

That might be true, but, if Coinbase shares only reflected the performance of bitcoin, it might be doing better. As of yesterday's close, Coinbase's stock performance was roughly in line with bitcoin's 27% decline, but after yesterday's earnings report, it's lower.

– Crystal Kim

JULY 31, 2026 AT 04:07 PM GMT

Here's How Much Palantir Stock Is Expected to Move After Earnings

Palantir is due to report earnings Monday afternoon, with traders expecting a big swing in the software maker's stock.

Based on recent options pricing, Palantir (PLTR) shares are seen moving up to 10% in either direction by the end of the week following the results. From the Friday morning's level around $120, that could see the shares rise back above $132, recovering some of their recent losses, or slip below $109.

Palantir shares have lost nearly a third of their value since the start of the year. Solid earnings haven't been enough to lift the stock out of its slump, amid a broader pullback in software stocks.

Citi analysts wrote ahead of the report that Palantir's recent slide could offer investors an opportunity to buy, and said they expect a strong performance from Palantir's commercial business.

Read the full article here.

-Aaron McDade

JULY 31, 2026 AT 03:09 PM GMT

A Tesla/SpaceX Merger May Be on the Horizon

"If you're a SpaceX shareholder—if you like it or not, you're going to get Tesla. It's just a matter of time," Paul Meeks, Head of Technology Research at Freedom Capital Markets, recently said in an interview with Investopedia. That time may be sooner than many thought.

CEO Elon Musk has reportedly told Tesla (TSLA) executives to prepare to separate the electric vehicle maker's Chinese business from its U.S. operations in preparation for a merger with SpaceX (SPCX), according to the Wall Street Journal.

Spinning off, selling, or closing the business could remove an obstacle to bringing Tesla and SpaceX, a major U.S. military contractor, under one roof amid rising geopolitical tensions between the world's two largest economies.

Musk, writing on X, insisted the idea of separating Tesla's businesses had "never even come up in a discussion ever," and dismissed the Wall Street Journal's story as "absurdly fake news."

Investors and analysts have been speculating about a potential SpaceX-Tesla tie-up since the former's blockbuster IPO in June. It came up on Tesla's earnings call last week when an analyst asked Musk whether he thought a merger made sense. "We can't talk about combining companies, that kind of thing, on an earnings call," Musk replied, but he did proceed to list several ways the businesses already overlap and collaborate, including the Terafab chip manufacturing plant and Starlink integration with Cybercabs.

Tesla and SpaceX stocks were both lower in early trading on Friday. SpaceX stock closed at an all-time low yesterday, and is down about 50% from its all-time high. Tesla stock has lost about one-third of its value since the start of the year.

–Colin Laidley

JULY 31, 2026 AT 02:41 PM GMT

Reddit Stock Plunges on 'Choppy' Search Referrals Warning

Reddit easily trumped analysts' profit and revenue estimates for its second quarter. Investors are dropping the stock regardless.

Shares are sinking 22% Friday, a day after co-founder and CEO Steve Huffman warned in a letter to shareholders that "search referrals were choppy in the quarter, and traffic was more volatile later in the quarter."

Reddit— known for its platform where people gather in communities to discuss almost any topic—posted Q2 earning of $1.25 per share on revenue that increased 61% year-over-year to $804.9 million. Analysts polled by Visible Alpha had expected $0.97 per share and $732.4 million, respectively.

Average Daily Active Uniques increased 18% to 130.3 million, in line with expectations. "While our visibility in referral traffic remains low, we're not building for drive-by traffic," Huffman wrote. "We're building a daily destination."

Reddit shares have lost about 40% of their value since the start of the year.

JULY 31, 2026 AT 01:53 PM GMT

Apple Stock Slumps After a Disappointing Outlook

Apple shares are stumbling after the iPhone maker gave a weaker-than-expected outlook.

Apple (AAPL) shares were down nearly 9% in recent trading, making it one of the biggest decliners in the S&P 500 on a day when broader markets gained. Executives said in yesterday's earnings call that they expect 9% to 11% revenue growth in the current quarter, below the 11.8% analysts were looking for.

Apple said it faces "supply constraints," as the company grapples with soaring costs of memory components that have pushed it to hike prices for some of its products. Jefferies analysts also said consumers may have pushed up plans to buy new devices ahead of price increases, which could negatively impact sales in the next couple quarters.

The company's fiscal third-quarter earnings and revenue topped analysts' estimates, as iPhone sales surged, though revenue from its services segment came in short of the analyst consensus per Visible Alpha.

Investor focus will now likely turn to changes anticipated in September, when CEO Tim Cook will hand over the top job to John Ternus and Apple is set to unveil its newest iPhone lineup. This year, that could include the first foldable iPhone.

Even with Friday's slump, Apple shares are still up about 12% since the start of the year after hitting a record high earlier this week.

-Aaron McDade

JULY 31, 2026 AT 12:20 PM GMT

Amazon Stock Surges as AWS Growth Powers Results

Amazon stock is soaring after the tech giant handily topped estimates in its latest earnings last night.

Amazon (AMZN) shares were up 11% in premarket trading after the company said it earned $5.75 per share, well above the $1.99 analyst consensus thanks to a boost from Amazon's investment in Anthropic. Amazon posted $200.6 billion in revenue, up 20% and above the $196.8 billion analyst forecast.

Sales in the e-commerce and cloud computing company's Amazon Web Services jumped 37% to $42.2 billion, nearly $2 billion above estimates. Sales growth in the cloud services division is a key metric for Amazon and the broader AI trade, as it serves as an indicator of demand from other companies that run AI products.

JPMorgan analysts lifted their price target to $365 from $330 following the report, writing that they are "encouraged by the strength" of AWS revenue growth. The analysts noted that Amazon executives called the return on their AI investments "compelling," with a "clear line-of-sight to strong financial returns."

Analysts from William Blair said AWS growth "continues to astound," and wrote that they expect the segment to continue gaining momentum.

-Aaron McDade

JULY 31, 2026 AT 11:50 AM GMT

Novo Nordisk Shares Sink on Disappointing Heart Drug Trial Results

U.S.-listed shares of Novo Nordisk closed Thursday up just 1% this year. It is looking likely that they will be sharply in the red once the opening bell rings.

Novo Nordisk's (NVO) U.S.-listed shares are sinking 11% premarket after the Danish pharmaceutical firm said its heart drug ziltivekimab did not meet expectations in a Phase 3 trial.

"While ziltivekimab demonstrated target engagement and inhibition of the IL-6 pathway, as reflected by expected reductions in free IL-6 and high-sensitivity C-reactive protein (hsCRP) respectively, this did not translate into major adverse cardiovascular events (MACE) risk reduction versus placebo in people with atherosclerotic cardiovascular disease (ASCVD), chronic kidney disease (CKD) and inflammation," it said.

Novo Nordisk, known for its blockbuster weight-loss drugs Ozempic and Wegovy, said that although the outcome will not impact its 2026 adjusted operating profit outlook, it "will result in a non-cash impairment charge in Q3 2026."

JULY 31, 2026 AT 11:42 AM GMT

Microsoft Coming Off Record $450B Rise in Market Cap

Microsoft shares are moving slightly lower this morning after the Windows software maker turned in a record-breaking performance in yesterday's session.

After its earnings topped estimates and capital expenditures came in lighter than expected, investors rewarded Microsoft with a 15.5% jump yesterday.

That added $450 billion to the company's market capitalization, the largest single-day gain in market cap for any U.S. company.

The move surpasses Nvidia's (NVDA) 19% and $440 billion market cap gain that took place last April, when President Donald Trump announced a pause on the sweeping tariffs he had announced just days earlier.

-Aaron McDade

JULY 31, 2026 AT 11:20 AM GMT

Bond Market is Testing Warsh's 'Noncommittal' Rate Outlook

Federal Reserve Chair Kevin Warsh says he's committed to bringing inflation down, but the bond market isn't buying it unless he shows a willingness to raise interest rates, analysts say.

It's a tension that's driving up mortgage rates and other long-term borrowing costs today, as traders question whether Warsh can fight inflation with only words, not actions.

At his second press conference as the Fed's chair, Warsh said the central bank "remains resolute" and "will not waver" as it looks to bring inflation back to its 2% target. The Fed, however, did not raise short-term interest rates, nor did it give markets a clear sense that rate hikes were coming soon.

Instead, the press conference was "all hat, no cattle," Bank of America analysts led by Aditya Bhave wrote in a note to clients. Bond markets are now questioning the Fed's inflation-fighting resolve, he wrote, which could force Warsh into hiking rates at the Fed's next meeting.

Read the full article here.

-Polo Rocha

JULY 31, 2026 AT 10:54 AM GMT

Futures Rise to End Wild Week After Indexes Bounce Back Sharply

Futures contracts tied to the Dow Jones Industrial Average pointed up 0.6%.

S&P 500 futures rose 0.5%.

Nasdaq 100 futures advanced 1.2%.

Read the original article on Investopedia