Amazon and Microsoft Surge While Apple and Meta Plummet

The market has been volatile this earnings season, with Amazon and Microsoft experiencing significant gains while Apple and Meta Platforms suffered losses.

A combined $1.04 trillion in market capitalization was added to Amazon and Microsoft's stock prices between July 29 and July 31, while Apple and Meta Platforms shed a total of $510 billion.

The Vanguard Mega Cap Growth ETF has been performing well, outperforming the S&P 500 over the past decade with a 67% weighting in just 10 holdings.