Apple, Amazon take spotlight in mixed week for earnings of big tech firms

Quick Summary:

Strong reports from Apple and Amazon.

Shares in Apple and Amazon have kept pace with the market this year, rising more than 19%, as has the Nasdaq 100 Index.

Investors are looking to Apple to at long last provide concrete information about demand for iPhones with artificial intelligence features, a product cycle investors are counting on to propel the company out of a low-growth era.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Bloomberg Apple Amazon

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 16:41:05 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 732 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23347996

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 221 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #49

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