Investing
Amazon Frankfurt-listed shares surge, Apple slides after results
© Reuters. FILE PHOTO-The logo of Amazon is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, November 25, 2022. REUTERS/Benoit Tessier/File Photo
LONDON (Reuters) – Amazon (NASDAQ:) shares surged on Friday in Frankfurt trading after the company issued an upbeat outlook for the third quarter, while Apple’s German-listed shares fell after the company forecast a continued slide in sales.
Amazon jumped 8.5% on the German market, echoing the steep rise in extended U.S. trading on Thursday after the company reported sales growth and profit that beat Wall Street’s expectations, thanks to faster, cheaper deliveries to customers and to the recent headwinds in cloud-computing beginning to subside.
Apple shares (NASDAQ:) fell 2.3% in Frankfurt fell 2.3% after the iPhone maker on Thursday forecast that a sales slump would continue into the current quarter, which sent shares down in after-hours trading despite beating Wall Street sales and profit targets in the fiscal third quarter.
Read the full article here
The Future of Farming is Here
I’m Living Through the California Wildfires — Here’s How Every Business Can Prepare For a Natural Disaster
Achieve Your Goals Faster With This Meditation App, Now 50% Off
Train for a New Tech Career in 2025 With This $25 Course Bundle
TikTok restores service, thanks Trump By Reuters
Why the Best CEOs Think Like Anthropologists
Earn More in 2025: Top 10 High-Yield Savings Accounts Revealed
LA Rental Prices Skyrocketing Despite Price Gouging Laws
How to Craft Marketing Campaigns That Reach Multiple Generations
What to Do If TikTok is Banned — How to Protect Your Brand
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Side Hustles4 days agoWhy the Best CEOs Think Like Anthropologists
-
Make Money5 days agoEarn More in 2025: Top 10 High-Yield Savings Accounts Revealed
-
Side Hustles7 days agoLA Rental Prices Skyrocketing Despite Price Gouging Laws
-
Side Hustles7 days agoHow to Craft Marketing Campaigns That Reach Multiple Generations
-
Side Hustles5 days agoWhat to Do If TikTok is Banned — How to Protect Your Brand
-
Passive Income5 days agoHow Pets Can Promote Better Health and Well-Being in the Workplace
-
Side Hustles5 days ago10 Roles That Are Surprisingly Well-Suited for Outsourcing
-
Side Hustles6 days agoMeta Is Laying Off 5% of Its Workforce: Read the Memo