Apple and Amazon Earnings; Big Oil Earnings Beat
On this episode of Stock Movers: - Apple (APPL) shares are rising after the company reported third-quarter results that beat on key metrics, notably iPhone revenue and revenue from the greater China region. It also gave a sales outlook that is stronger than expected. CEO Tim Cook said the company saw an acceleration of growth around the world, including in Greater China and many emerging markets, and that services were a bright spot, topping Wall Street projections. - Amazon (AMZN) shares are lower after projecting weaker-than-expected operating income and trailing the sales growth of its…
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