Facebook, Amazon and Apple rose 5-6.5% after financial statements & nbsp

by Birgit
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Shares of US tech giants Amazon, Apple and Facebook have risen in price after the close of the main trading session in the US by 5-6.5% on financial data, according to trading data.

Thus, after the close of the main trading session on the NASDAQ stock exchange, Amazon shares gained 5%, Apple – 6.44%, Facebook – 6.5%.

Such a strong dynamics was noted after the financial statements of companies. Thus, Facebook reported that its net profit doubled in the first half of the year – to $ 10.1 billion. At the same time, Apple's net profit in the first three quarters of the 2019-2020 fiscal year ended June 27 increased by 7.6% in annual terms and reached $ 44.738 billion. At the same time, the net profit of the online retailer Amazon in the first half of 2020 amounted to $ 7.778 billion, which is 25% higher than in the same period last year.

Another company in the US tech sector, which released its financials after the close of trading on Thursday, was the American holding company Alphabet Inc., which owns Google. The company also reported that in the first half of 2020, it reduced its net profit in annual terms by 17% – to $ 13.795 billion. At the same time, its shares remained in positive territory and rose in price by 0.5%.

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