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Amazon surges over 15%, leading US stocks to extend their rebound; the FOMC curse hits crypto markets again, and Trump may launch another strike on Iran this weekend.

2026.08.01 08:39:54

Overnight to early morning, US stocks extended their rebound. According to market data from BIT (bit.com), individual stocks showed mixed performance: Amazon surged over 15%, Apple fell more than 10% intraday, closing down 7.35%. Other major tech stocks: Google rose 6.73%, Nvidia gained 2.93%, Meta Platforms advanced 3.28%, Microsoft climbed 3.02%, while SpaceX dropped 3.41%. AI stocks also had mixed moves: US-listed SK Hynix closed down 3.58%, Micron fell 5.93%. MRVL rose 2.32%, leading small-cap CPO-related stocks higher. LITE gained 2.93%, COHR jumped 5.55%. AI stocks held by the "AI stock guru" that had surged over 20% the previous day adjusted broadly: NBIS only rose 1%, while storage stocks also saw widespread adjustments, with SanDisk down over 5%. Separately, per HTX market data, the "FOMC curse" hit crypto markets again on Friday: Bitcoin dropped over 3% overnight, trading at $62,988.10. Ethereum saw a smaller decline, at $1,866.70. On the news front, US officials stated that Trump has ordered a new round of strikes against Iran, aiming to force Tehran's surrender, with operations potentially starting as early as this weekend and lasting several days. Driven by this news, crude oil prices rallied again on trade.xyz: Brent crude traded at $90.574, up nearly 4% in 24 hours.

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