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BTCC / BTCC Square / Global Cryptocurrency /
JPMorgan Highlights Apple and Amazon as Top Picks Amid Market Rebound

JPMorgan Highlights Apple and Amazon as Top Picks Amid Market Rebound

Author:
Global Cryptocurrency
Published:
2025-05-05 21:08:01
9
2

JPMorgan analysts have reaffirmed their bullish stance on two Magnificent 7 stocks—Apple (AAPL) and Amazon (AMZN)—as both companies show signs of recovery after a sluggish start to 2025. Despite macroeconomic headwinds and geopolitical uncertainty, their recent earnings reports have fueled optimism.

Apple’s fiscal Q2 2025 revenue reached $95.4 billion, surpassing estimates by nearly $1 billion and marking a 6% year-over-year increase. Amazon’s rebound follows a similar trajectory, with market sentiment shifting positively in the past two weeks. The resurgence of these tech giants underscores broader confidence in resilient earnings growth.

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