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Apple and Amazon’s Not So Horrible Day

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Today was a big day of winners and losers in tech. Losers: a defensive Instagram that walked back a controversial redesign test only a day or so after defending it. (I guess the data jibed with the views of the Kardashians, who panned it.) 

And then there is Intel, a company that wins points for most honest reaction to a truly poor earnings report. But whoa, Amazon investors were cheery, sending the stock up 13% percent after a not-horrible earnings forecast. 

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