Amazon, Apple earnings to provide look at consumer habits
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Consumer habits will come to the fore again in next week's earnings deluge, when Amazon.com Inc., Shopify Inc. and PayPal Holdings Inc. are expected to talk about online spending trends and Apple Inc. may comment on the outlook for iPhone sales.It follows a packed week that showed the US economy and consumer spending growing at a faster clip than expected, while corporate earnings delivered a few surprises of their own. Intel Corp. surged post-market after the chipmaker signaled its long-awaited comeback may be just around the corner; McDonald's Corp. and Mastercard Inc. also topped estimates. Thus far, US companies have registered the most earnings beats in almost two years, according to data tracked by Bloomberg Intelligence, and companies selling non-essential products and ser...