Why Apple is leaving the rest of the Magnificent 7 behind in the stock market
Refuge from the collapse of Alphabet and Amazon. Read
US tech stocks saw significant movement after Alphabet's sharp decline following its quarterly results. Amazon also faced a potential downturn after releasing disappointing earnings. In contrast, Apple rose 1.5% in Wall Street and is expected to continue its upward trend. Apple's success is attributed to its strategy of distributing applications through its devices, differing from Alphabet and Amazon's approach of investing in data centers for AI development.
Apple's free cash flow is expected to reach $141 billion in the 12 months to September, while Alphabet reported a negative $9 billion and Amazon had net cash outflows of $42.4 billion.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
