Shares of technology companies slipped after a highly volatile week as a rout in Apple shares offset an Amazon.com rally.

Shares of Amazon rose roughly 15% after the online megastore posted an acceleration in quarterly revenue growth at its cloud unit.

Apple shares plunged by 8% for one of its biggest drops in recent years after it warned that chip supply issues were constraining its ability to meet growing demand for iPhones.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

07-31-26 1715ET