Meta and Amazon stocks surged after reporting impressive quarterly results, adding a combined $280 billion in market value, while Apple's value shrank by $70 billion. Despite a sales beat, Apple dropped due to weakness in China. The surge was driven by factors such as AI wave, tech enthusiasm, and positive earnings outlooks. The rise of Huawei and folding phones also impacted Apple's stock. Meta's stock had its best day in a decade, and Amazon's shares hit a 2-year high. Both companies' values soared to multiyear highs, reflecting the strong market response to their results.
Amazon and Meta Surge after Results, while Apple Drops https://t.co/EsRCALnLqW
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Meta and Amazon values surge as Huawei and folding phones take a bite out of Apple's stock Read more 👇 https://t.co/G04QKDQKsi
Meta and Amazon added a combined $280 billion in stock market value after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results https://t.co/YoMBwm6Dsa 1/6
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Amazon and Meta Surge after Results, while Apple Drops https://t.co/EsRCALojgu
Amazon And Meta Surge After Results, While Apple Drops https://t.co/deuKu0g2FM https://t.co/mlZvVvPpXH
Amazon and Meta surge after results, while Apple drops https://t.co/YBYRd0HMmx https://t.co/eVc2CKs5H4
Meta, Amazon soar on rosy earnings outlooks. Apple drops despite sales beat on weakness in China https://t.co/vIdYf7oOly