ZACKS·2025-10-30 23:51Market Overview - Major market indexes experienced a mostly restful day, with the Dow down 109 points (-0.23%), S&P 500 down -0.99%, and Nasdaq down -1.57% [2] - The small-cap Russell 2000 dropped another -0.76%, now more than -2% down over the past five days [2] Earnings Reports - Apple reported record-high quarterly fiscal Q4 revenues of $102.5 billion, with earnings of $1.85 per share, outperforming estimates by 12 cents [4] - Amazon's Q3 earnings were $1.95 per share, exceeding expectations of $1.58, with revenues of $180.2 billion, a 13% year-over-year increase [5] - Twilio posted Q3 earnings of $1.25 per share, beating consensus by 20 cents, with sales of $1.3 billion, a 15% increase from the previous year [6] - Rocket Companies reported earnings of $0.07 per share, surpassing expectations of $0.04, with revenues of $1.78 billion [7] - Western Digital reported earnings of $1.78 per share, exceeding the expected $1.59, on revenues of $2.82 billion [8] Notable Company Developments - Apple declared a cash dividend of 26 cents per share and holds nearly $148 billion in cash and assets [4] - Amazon's AWS cloud business saw a 20% year-over-year growth, despite announcing significant layoffs of up to 30,000 employees [5] - Twilio announced the acquisition of Stytch, an ID platform for AI agents [6] - Rocket Companies acquired refi mortgage firm Mr Cooper, enhancing its service offerings for homebuyers [7] - Western Digital's revenue for the ongoing quarter is projected to be up by 20% at the mid-way point of fiscal Q2 [8]