From Nasdaq: 2025-05-05 16:18:00

Investors disappointed as Amazon and Apple’s quarterly results fail to boost markets. Amazon’s Q1 sales up 10%, EPS exceeds expectations by 17%. Apple’s Q2 sales rise 5%, EPS up 8%, services segment sees record revenue. Both companies provide guidance below analyst expectations, impacting stock performance.

Amazon anticipates Q2 sales of $159-$164 billion, while Apple expects low to mid-single digit growth in Q3. Apple projects $900 million in tariff-related costs, but plans to diversify chip sourcing to mitigate international manufacturing reliance. Both stocks currently hold a Zacks Rank #3 (Hold) with potential for value in the long-term.



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