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Apple, Amazon shares steady in Frankfurt after results

by November 1, 2024
written by November 1, 2024

LONDON (Reuters) – Frankfurt-listed shares of “Magnificent 7” stocks Apple and Amazon (NASDAQ:AMZN) 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 (NASDAQ:AAPL) 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.

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