Stocks trending after hours: Apple, Amazon, Intel, and more

Amazon (AMZN): Shares traded at their lowest level since March 2020 in extended trading on weak fourth-quarter guidance. Amazon sees revenue of $140 billion to $148 billion for its holiday quarter, missing Wall Street’s estimate of $155 billion. For the third quarter, the company reported sales of $127.10 billion, up 15% from a year ago, marking a return to double-digit revenue growth. AWS revenue was $20.5 billion, missing Wall Street’s estimate of $21 billion.

Apple (AAPL): Shares fluctuated in after-hours trading after Apple reported record revenue for its September quarter. The tech giant posted sales of $90.15 billion, up 8% from a year ago, while earnings were $1.29 per share.

iPhone sales totaled $42.6 billion, just shy of Wall Street’s expectations. “The strength of our ecosystem, unmatched customer loyalty, and record sales spurred our active installed base of devices to a new all-time high,” CFO Luca Maestri wrote in the earnings release. “Our record September…

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This article was written by and originally published on finance.yahoo.com