Nigeria, May 2 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are.

Together with their fellow "Magnificent Seven" competitors, Alphabet, Microsoft, and Meta Platforms, Apple and Amazon posted top and bottom-line results for the quarter ending in March that exceeded analysts' expectations. (Tesla's long-promised fully autonomous driving technology is still working to help the electric car manufacturer cross the finish line.)

Nevertheless, certain underlying issues existed with both Apple's and Amazon's financial performance. Apple's Services business, which includes services like advertising, iCloud, and Apple...