Tim Cook's last dance, oil majors earnings, IPO avoidance and more in Morning Squawk
- ID
- 9608
- Status
- summarized
- Published
- 31 Jul 2026, 8:37 PM
- Fetched
- 31 Jul 2026, 8:49 PM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/07/31/5-things-to-know-before-the-stock-market-opens.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 4.0
- Created
- 31 Jul 2026, 8:50 PM
- Tags
- Audience
- developerssaas_founders
What happened
Amazon's AWS sales jumped 37% in the quarter (fastest growth since 2021), and the company raised its 2026 capex forecast to $220 billion, up $20 billion. Apple gave weak current-quarter guidance due to supply constraints despite a 22% iPhone sales jump, and Tim Cook held his last earnings call as CEO before John Ternus takes over. Microsoft added nearly $450 billion in market cap after a 15% single-day stock climb.
Why it matters
AWS's 37% growth and Amazon's $220B capex signal sustained enterprise cloud demand and infrastructure build-out, which affects capacity, pricing, and service availability for teams building on AWS. Apple's supply-constraint-driven guidance suggests possible hardware availability friction for developers targeting Apple platforms this quarter.
Discussion angle
What AWS's 37% growth and $220B capex imply for cloud pricing, capacity, and competitive dynamics for Malaysian startups and teams running on AWS versus alternatives.