The U.S. stock market is swinging between gains and losses on Friday, as Wall Street's wildJuly remains rocky. Amazon is leaping, but Apple is sinking, and rising oil prices are adding to worries about inflation already squeezing the bond market.

Amazon posted its second-quarter earnings after the closing bell on Thursday. Cloud growth vastly exceeded expectations.

Now could be the time for cloud computing stocks to shine.

Amazon stock surged after strong Q2 results as the company completed its $50 billion OpenAI investment and raised spending on AI infrastructure growth

Both tech companies beat Wall Street predictions on revenue in their second quarters

Wondering where Amazon stock may be in five years? Learn what the current state of AMZN stock is and what its five-year outlook may contain.

Amazon is due to report earnings Thursday afternoon, with traders expecting a big move from the e-commerce giant’s stock.

Amazon stock rises toward $239.59 after Q2 earnings, as investors assess AWS growth, AI spending, margins, and market outlook.

Amazon.com, Inc. (NASDAQ: AMZN ) shares surged over 12% in Friday’s pre-market trading after the e-commerce and cloud-computing giant reported stronger-than-expected second-quarter results. Amazon Beats Revenue and Earnings Estimates Amazon reported second-quarter revenue of $200.