Saturday Overnight Global News You Need to Know: Microsoft and Amazon's Combined Market Cap Grew by Over $1 Trillion in July

English summary

### Saturday Overnight Global News You Need to Know: Microsoft and Amazon's Combined Market Cap Grew by Over $1 Trillion in July Time: 2026-08-01 14:57:12 Content: 1. All three major US stock indices closed higher. Nasdaq rose 1%, up 1.59% for the week, down 3.2% for July; S&P 500 rose 0.7%, up 1.05% for the week, down 0.13% for July; Dow rose 0.53%, up 1.04% for the week, up 0.32% for July, with a four-month winning streak on the monthly line. Apple fell over 7%, its largest drop since April 2025; Amazon rose over 15%, its largest single-day gain since 2012, up about 14% for July; Microsoft rose over 3%, up over 24% for July; Nvidia rose nearly 3%, with a total market cap of $4.86 trillion, reclaiming the position of the world's most valuable company. Among them, Microsoft and Amazon's combined market cap grew by over $1 trillion in July. 2. According to reports, Fed Chairman Warsh is considering reducing the frequency of Fed policy meetings. ...