Earnings season is in full swing, with many of the world's valuable companies experiencing major stock fluctuations over the last week. Amazon (NASDAQ: AMZN) and (NASDAQ: AAPL) are two of the biggest companies to report quarterly results in August.
Amazon enjoyed a glowing quarter, with many of its segments experiencing solid growth. Meanwhile, macroeconomic headwinds led to declining product sales for Apple.
However, both companies have strong long-term outlooks thanks to expanding positions in lucrative markets such as artificial intelligence (AI), cloud computing, and virtual/augmented reality. As a result, it's not a bad idea to consider adding one of these tech stocks to your portfolio before it's too late.
Source Fool.com