Apple, Amazon shares steady in Frankfurt after results

Reuters11-01

LONDON, Nov 1 (Reuters) - Frankfurt-listed shares of "Magnificent 7" stocks Apple and Amazon 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 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.

(Reporting by Samuel Indyk; Editing by Amanda Cooper)

((Samuel.Indyk@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment