Amazon shares gain over 6% on solid Q3 results, revenue forecast up 11% to 8.5 billion | Stock Market News

Amazon shares gain over 6% on solid Q3 results, revenue forecast up 11% to $188.5 billion | Stock Market News

Source: Live Mint E-commerce giant Amazon Inc. shares gained over 6 per cent on Friday, November 1, after the company posted stronger-than-expected earnings in its third-quarter results. Amazon.com Inc. shares rose 6.30 per cent to $198.12 per share as of 1:50 p.m. (EDT) on Friday, compared to $186.40 at its previous close on Thursday.  The…

Read More
Apple stock tumbles 2% on tepid Q4 revenue forecast amid intense competition in China market | Stock Market News

Apple stock tumbles 2% on tepid Q4 revenue forecast amid intense competition in China market | Stock Market News

Source: Live Mint Apple Inc., heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering weakness in an intensely competitive Chinese market. Following the company’s quarterly earnings report, Apple said that sales in the December period will rise by a percentage in the low-to-middle single digits. Analysts…

Read More