CNBC Daily Open: iPhone drove Apple's robust earnings — but investors weren't too enthused

Group 1: Apple Inc. - Apple reported a 16% year-on-year increase in fiscal first-quarter revenue, driven by strong iPhone demand, exceeding market estimates [2] - The company forecasted current-quarter revenue above Wall Street expectations, indicating continued growth potential [2] - Despite positive financial results, investor response was muted, with Apple shares rising only about 0.5% in extended trading, possibly due to concerns over its position in artificial intelligence [2] Group 2: Meta Platforms and Microsoft - Meta Platforms saw its shares increase by more than 10% as the company demonstrated that its AI investments were positively impacting its financial performance [3] - In contrast, Microsoft faced a significant decline in its stock, dropping 10% due to its spending plans and a slowdown in cloud growth, resulting in a loss of $357 billion in market capitalization [3] Group 3: Cryptocurrency and Commodities - Cryptocurrencies experienced a decline, with Bitcoin falling over 5% to its lowest level in nearly two months [4] - Gold prices rebounded after a midday dip, reaching an all-time high of $5,626.8 earlier in the day [4] - Oil prices increased by more than 3% amid geopolitical tensions, particularly regarding potential strikes on Iran [4]