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Amazon jumped 8.5% on the German market, echoing the steep rise in extended U.S. trading on Thursday after the company reported sales growth and profit that beat Wall Street’s expectations, thanks to faster, cheaper deliveries to customers and to the recent headwinds in cloud-computing beginning to subside.
Apple shares (NASDAQ:AAPL) fell 2.3% in Frankfurt after the iPhone maker on Thursday forecast that a sales slump would continue into the current quarter, which sent shares down in after-hours trading despite beating Wall Street sales and profit targets in the fiscal third quarter.
(This story has been updated to remove extraneous words in paragraph 3)
