Amazon Surges 15% While Apple Loses $475 Billion — Treasury Yields Hit 2007 Highs

Friday's session split Big Tech wide open: Amazon gained roughly 15% on its fastest AWS growth in 18 quarters, while Apple erased about $475 billion in market value on soft September guidance. Behind it all, the 30-year Treasury yield climbed to 5.25% — the highest since 2007 — as futures began pricing a possible September rate hike. Here's the full breakdown of the rotation, from record Kospi gains to record-low Bitcoin fund inflows.