Business
Still immunity: Technology companies have once again shattered forecasts
After a day of stock market gains, Wall Street turned to reports from Apple, Google, Amazon and Facebook, all of which posted revenue beyond forecasts.
Google is up 9 percent after trading
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Thursday, 29 October 2020, 21:00 Updated: 22:09
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In the video: Apple, Google, Amazon and Facebook were questioned at the US Congress about harming competition (Photo: Reuters, Editing: Nir Chen)
It was a stormy week of ups and downs.
The capital market rose today (Thursday) after yesterday's declines, and technology stocks, which recorded declines, returned to green.
Pinterest stood out on the trading day, rising 28 percent following excellent reports.
Now, the market has turned to the reports of the big ones - Facebook (up 4.92 percent), Apple (3.71 percent), Amazon (1.52 percent) and Google (3.34 percent), which, as compared to the reports in the previous quarter, are once again facing congressional pressure.
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Revenue last quarter:
$ 18.69 billion
Q3 Expectations:
$ 19.4 billion
Revenue for the 3rd quarter:
$ 21.47 billion
After Trading:
2 percent
Revenue last quarter:
$ 38.3 billion
Quarter 3 Expectations:
$ 35.05 billion
Revenue for the 3rd quarter:
$ 38.01 billion
After Trading:
9.11 percent
Dark
Revenue last quarter:
$ 59.7 billion
Expectations for Q3 3:
$ 67.8 billion
Amazon
Revenue last quarter:
$ 88.9 billion
Expectations for the 3rd quarter:
$ 92 billion
Revenue for the 3rd quarter:
$ 96.1 billion
After trading:
+1 percent
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