Apple (AAPL) Loses $350B Amid $2 Trillion AI Shakeout

During earnings week, Amazon (AMZN), Microsoft (MSFT), and Alphabet (GOOGL) gained nearly $1.5 trillion in market value, while Apple (AAPL) lost over $350 billion due to supply problems. Microsoft alone added more than $600 billion, with Amazon and Alphabet each gaining over $400 billion. In contrast, Meta Platforms (META) erased over $85 billion, and Tesla (TSLA) dropped over $7 billion after reporting negative free cash flow. This stark divide illustrates that only companies showing immediate profitability from AI investments are winning investor confidence, impacting the broader tech market.