Future Tech

Apple, Amazon shares steady in Frankfurt after results

Tan KW
Publish date: Fri, 01 Nov 2024, 10:05 PM
Tan KW
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Future Tech

LONDON - 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.

 


  - Reuters

 

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