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Seven days: 3 November 2017

Seven days: 3 November 2017

Tech giants

What can you buy with $1,000? Not one share in Amazon, which saw its share price pass the $1,100 mark on Friday after it reported better-than-expected third quarter revenues. Instead, your $1,000 could be spent on the new iPhone X, but you’ll have to wait. Apple’s latest smartphone sold out on its first day on the shelves, dragging shares in the world’s largest company to record highs. Meanwhile, Microsoft, Intel and Alphabet all reported better-than-expected third-quarter earnings, adding close to $100bn to their collective market capitalisations in one day. 

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