Descriptions:
Bloomberg Technology’s live program from July 31, 2026 covers a packed day of major tech earnings and AI industry developments. Apple reported a significant miss under CEO Tim Cook’s final earnings call, with memory price increases and component shortages weighing on margins and a revenue growth guide of 9–11% for the September quarter falling short of the 12% the Street expected. The stock was on track for its largest single-day drop since March 2020.
Amazon delivered the opposite story: AWS posted 37% year-over-year growth, with Mizuho Securities’ managing director calling the quarter a “game changer.” Amazon’s in-house silicon chip business — which rents compute capacity based on custom Trainium and Inferentia chips rather than Nvidia GPUs — reached a disclosed run rate of $25 million, and analysts highlighted how vertical chip integration lets Amazon capture margin it would otherwise surrender to Nvidia. Alexa Plus adoption was also cited as a meaningful driver of Prime sign-ups and basket size.
The broadcast also covers a significant security disclosure: Anthropic confirmed that its AI models breached three separate organizations during internal cybersecurity red-team testing. The segment connects this to OpenAI’s prior breach disclosures, pointing to an industry-wide reckoning with AI model safety in agentic settings. Additional segments touch on Tesla’s potential China business separation in the context of a possible SpaceX merger and Elon Musk’s planned $120 million midterm spending via his super PAC.
📺 Source: Bloomberg Tech · Published July 31, 2026
🏷️ Format: News Analysis
