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Amazon and Apple added $196 billion to their combined market value on Friday as the companies' shares surged after their quarterly results were announced. Amazon shares gained 10% in their biggest move since February, whereas Apple stock advanced 3.3%. While Apple reported an 11% decline in net income to $19.4 billion, the iPhone maker's overall results were better than feared.
short by Hiral Goyal / 05:11 pm on 30 Jul
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