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Amazon Stocks Soar as Oil Prices Fuel Inflation Worries

Guavy AI Editorial Team
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US stocks experienced significant fluctuations on Thursday, July 30, 2026, as major tech companies like Amazon and Apple led the way. Amazon shares rose sharply, while Apple's stock took a hit. Rising oil prices added to concerns about inflation, weighing on investor sentiment.

The New York Stock Exchange saw Specialist Mark Fitzgerald at work amidst the market activity. The rising oil prices were a key concern for investors, as they feared that higher energy costs would contribute to increased inflation.

Despite the volatility, Amazon's stock surge was a notable highlight of the day's trading.

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