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Amazon and Apple stocks plunge overtime-disappointing performance and outlook-Bloomberg

In the US stock market on the 28th, disappointing sales spread due to Amazon.com’s holiday season sales forecast and Apple’s July-September (4th quarter) earnings did not reach the forecast, and regular trading Amazon stocks plummeted by about 5% and Apple stocks plummeted by 6% in after-hours trading after the close.

The largest exchange-traded fund (ETF) linked to the Nasdaq 100 Index fell 0.7% at 4:35 pm New York time (5:35 am Japan time 29th).

Amazon says high costs could put pressure on holiday season profitsApple’s July-September sales were also lower than expected.

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