Stock

Apple, Amazon shares steady in Frankfurt after results

LONDON (Reuters) – Frankfurt-listed shares of “Magnificent 7” stocks Apple and Amazon (NASDAQ:AMZN) were broadly steady on Friday, in light volumes after both companies reported quarterly earnings after-market on Thursday.

Apple’s Frankfurt listing was down just 0.1% after the company reported offered a modest growth outlook, even as early iPhone 16 sales grew faster than iPhone 15 sales. Apple shares (NASDAQ:AAPL) were mostly in after-hours trading on Thursday.

Shares in Amazon listed in Frankfurt were up 1.3% after posting third-quarter profit and sales above Wall Street estimates. Amazon shares rose by around 6% after the bell on Thursday.

This post appeared first on investing.com

You May Also Like

Editor's Pick

Former president Donald Trump and his allies have filed hundreds of lawsuits, with more to come, seeking to tighten voting rules or disqualify voters....

Economy

LONDON (Reuters) – Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting...

Economy

Thousands of dockworkers on the East Coast and Gulf Coast will return to work after reaching a tentative agreement on wages, ending one of...

Editor's Pick

Republican presidential nominee Donald Trump criticized Vice President Kamala Harris’s mental capacity Saturday, falsely claiming she was born “mentally impaired” and comparing her actions...

Disclaimer: beneficialinvestmentnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 beneficialinvestmentnow.com

Exit mobile version