Stocks to Watch: Apple, Amazon.com, Alphabet, Magenta Therapeutics, Clorox
2023年2月3日 - 04:24PM
Dow Jones News
Apple Inc. posted its first quarterly revenue decline in nearly
four years as manufacturing disruptions in China curbed its ability
to deliver premium iPhones. Shares of the iPhone maker fell 2.4% in
after-hours trading on Thursday.
Amazon.com Inc. warned of a period of reduced growth and
signaled the difficult economic environment is denting the
performance of its cloud-computing business that's been a profit
engine for the company, despite also beating Wall Street
expectations for fourth-quarter sales. Shares of the ecommerce
giant dived 4.7% in after-hours trading.
Alphabet Inc. reported its first drop in advertising revenue
since the beginning of the pandemic in the fourth quarter. Shares
of Google's parent dropped 3.4% in after-hours trading.
Magenta Therapeutics Inc. said it could be up for sale as part
of review of strategic alternatives. Shares of the clinical-stage
biotechnology company surged 47% in after-hours trading.
Clorox Co. reported better-than-expected profit in its fiscal
second quarter as the consumer products company cut costs and
adjusted prices to offset inflation. Shares increased 3.6% in
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(END) Dow Jones Newswires
February 02, 2023 19:06 ET (00:06 GMT)
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