💨 Abstract

Apple and Amazon, part of the "Magnificent 7" stocks, reported quarterly earnings on Thursday. Apple's Frankfurt listing dropped slightly by 0.1% due to a modest growth outlook, but early iPhone 16 sales grew faster than iPhone 15 sales. Amazon's Frankfurt shares rose by 1.3%, exceeding Wall Street estimates in the third quarter. Amazon's shares rose around 6% after the bell on Thursday.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖