{
  "id": 19014,
  "title": "Alphabet, Amazon and Microsoft added nearly $1.5 trillion in combined value this week",
  "url": "https://urgent.news/2026/07/31/alphabet-amazon-and-microsoft-added-nearly-1-5-trillion-in-combined",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-07-31T20:17:54.000Z",
  "source": {
    "name": "CNBC World",
    "slug": "cnbc-world",
    "url": "https://www.cnbc.com/2026/07/31/apple-aapl-amazon-amzn-stock-today.html"
  },
  "original_language": "en",
  "account": "This week, Alphabet, Amazon, and Microsoft collectively added nearly $1.5 trillion in combined market value after reporting strong earnings. The surge is largely driven by the tech giants' continued investment in artificial intelligence (AI) and their anticipation of profitable long-term demand. Amazon reported a 37% year-over-year increase in revenue at its cloud computing business, the AWS unit, which is closely watched as an indicator of demand for Amazon's AI products. The company forecasted capital expenditures of $220 billion for the year, up from the previous estimate of $200 billion. Microsoft also saw its market cap jump over $600 billion, while Alphabet added more than $400 billion. Meanwhile, Meta experienced a significant drop in stock value, erasing about $85 billion from its market cap as investors questioned its AI investment strategy. Apple, despite posting earnings above market expectations, saw its market value decline by more than $350 billion due to supply constraints and weaker guidance for the current quarter. Tesla's market value dropped by around $7 billion after the company became cash flow negative and forecasted higher spending. The trend among tech companies appears to be investing nearly $800 billion in AI over the next 12 months, according to Jason Greenberg, co-head of global tech, media, and telecom investment banking at Jefferies. However, investors are questioning whether the profitability of this investment will justify the spending.",
  "summary": "Amazon, Microsoft and Google added hundreds of billions of dollars to their market caps, while Apple and Meta saw their market valuations fall.",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/19014.png",
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CNBC Technology",
        "title": "Alphabet, Amazon and Microsoft added nearly $1.5 trillion in combined value this week",
        "url": "https://urgent.news/2026/07/31/alphabet-amazon-and-microsoft-added-nearly-1-5-trillion-in-combined-19025",
        "published": "2026-07-31T20:17:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}