Asia Markets Diverge on Heels of Apple, Amazon Earnings
Tech giants Apple and Amazon reported stronger-than-expected earnings, helping lift US futures amid a tentative US-China trade truce easing market tensions.
- Tokyo's main benchmark gained more than 2% and Seoul added 0.5%, with both reaching record closes on Friday.
- Nvidia will supply 260,000 cutting-edge chips to South Korea as CEO Jensen Huang met President Lee Jae Myung.
- Chinese electric vehicle maker BYD's Q3 profit slumped 33% year-on-year, facing domestic headwinds and evolving policies.
22 Articles
22 Articles
Amazon hoists Wall Street toward another winning week and month
By STAN CHOE, AP Business Writer NEW YORK (AP) — The mighty heft of Amazon is hoisting the U.S. stock market higher on Friday. The S&P 500 rose 0.6%, erasing some of its slump from the day before and pulling closer to its all-time high set on Tuesday. The index is on track to close a third straight winning week and a sixth straight winning month, which would be its longest monthly winning streak since 2021. The Dow Jones Industrial Average was u…
Wall Street on track to regain much of Thursday's losses as Amazon posts strong 3Q results
Wall Street was poised to claw back some of its losses from a day earlier after some familiar names in the tech sector reported stronger-than-expected quarterly results. Futures for S&P 500 rose 0.7% early Friday, while futures for the Dow…
Lethargy on the German stock market is expected to continue at the end of the week. The DAX is facing a slow start to trade - despite positive impulses from the US reporting season of Apple and Amazon.
Asia markets mostly up on heels of Apple, Amazon earnings
Asian stock markets mostly rose Friday morning, with a surge in Japanese shares coming after better-than-expected earnings reports from US tech behemoths Apple and Amazon.
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