Apple warns of potential $US8 billion hit to earnings, Amazon shares plunge, ASX recovers - ABC News

Apple and Amazon shares tumble in after-hours trade as they warn of inflation and supply constraints, while Australian shares are set to follow Wall Street higher as investors shrugged off downbeat GDP figures in the United States.

Australian shares have risen for a second straight day, following a strong rebound on Wall Street as investors shrug off downbeat GDP figures which showed that the US economy unexpectedly shrank in t… [+8424 chars]

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