FILE PHOTO: Apple logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Apple, Amazon shares steady in Frankfurt after results

· CNA · Join

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 per cent 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 per cent after posting third-quarter profit and sales above Wall Street estimates. Amazon shares rose by around 6 per cent after the bell on Thursday.

Source: Reuters

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here