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-0.000832639467110773 -0.00248057174576733 -0.000967076047738004 0.000290513114071551 0.00105936025534288 0.000169216625034616 -0.00486140022203721 -0.00862128781570918
Stock impact report

Dow Falls Sharply After Apple and Amazon Earnings, Rising China Tensions [TheStreet.com]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: TheStreet.com
were down sharply Friday after Apple(AAPLGet ReportAMZN held lower after manufacturing in the U.S. slumped in April, the lowest since April 2009, but not as much as expected. The ISM Manufacturing Index declined to 41.5 vs. expectations that called for a drop to 35.The Dow Jones Industrial Average declined 628 points, or 2.58%, to 23,717, the S&P 500 fell 3.03% and the Nasdaq dropped 3.5%.Apple was falling Friday after theiPhone makerApple said it would boost its buyback program by $50 billion, less than expected, and lift its dividend by 6% to 82 cents a share.Amazon“If you’re a shareowner in Amazon, you may want to take a seat, because we’re not thinking small,” CEO Jeff Bezos said. “Under normal circumstances, in this coming Q2, we’d expect to make some $4 billion or more in operating profit. But these aren’t normal circumstances. Instead, we expect to spend the entirety of that $4 billion, and perhaps a bit more, on Covid-related expenses getting products to customers and keeping Show less Read more
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