ZACKS·2025-07-31 23:20Market Overview - Markets closed July on a weak note, with the Dow down 330 points (-0.74%), S&P 500 down 23 points (-0.37%), Nasdaq down 7 points (-0.03%), and Russell 2000 down 20 points (-0.93%) [1] - The trade outlook remains fragile, and recent economic reports indicate a warming economy, but markets may not continue to set record highs [2] Earnings Reports - Apple (AAPL) reported fiscal Q3 earnings of $1.57 per share, exceeding the $1.42 consensus, with revenues of $94.0 billion surpassing projections of $88.9 billion, leading to a 3% increase in shares [4] - Apple's Services segment achieved a record-high revenue of $27.4 billion for Q3, accounting for nearly 30% of total revenues, despite a year-to-date decline of 17% in share price [5] - Amazon (AMZN) posted Q2 earnings of $1.68 per share, beating the expected $1.33, with revenues of $167.7 billion exceeding the $162.3 billion estimate; however, shares fell over 2% in after-market trading due to lower-than-expected operating income guidance [6] - Roku (ROKU) reported Q2 earnings of $0.07, surpassing the consensus of -$0.16, with revenues of $1.11 billion exceeding the $1.07 billion forecast; its platform segment grew 18% and is expected to generate $4.075 billion for the full year [7] - Reddit (RDDT) shares rose 14% after reporting earnings of $0.48 per share, significantly above the estimated $0.20, with revenues of $499 million, a 78% year-over-year increase, surpassing the forecast of $427.4 million [8]