Core Insights - The company's earnings provided reassurance to investors regarding the demand for iPhones and the revenue generated from its services business [1] Group 1 - The earnings report indicated strong demand for iPhones, which is a positive signal for the company's market position [1] - Revenue from the services business also showed robust performance, contributing to overall investor confidence [1]

Core Insights - The technology sector is experiencing a confidence boost, driven by strong earnings from major companies like Amazon and Apple [1][2] - There is a noticeable sector rotation occurring, with investors shifting focus from technology to financial and pharmaceutical sectors [3] - The market is still processing the implications of the recent Federal Reserve meeting, particularly regarding potential rate cuts [3] Company Performance - Amazon reported strong earnings, significantly aided by its AWS segment, which exceeded expectations [1][4] - Apple also surpassed expectations with iPhone sales, contributing positively to market sentiment [1] - Alphabet achieved a 2.5% gain due to robust performance in advertising and cloud services, reporting quarterly earnings of $100 billion [2] - META Platforms faced a decline of over 11% due to rising expenses and a one-time tax charge of $16 billion [2] - Chipotle Mexican Grill saw an 18.2% drop, attributed to struggles with the 25–34-year-old customer demographic and a lowered yearly outlook [2] - Exxon Mobil Corporation's earnings slightly missed expectations, continuing a year-over-year decline due to lower crude oil prices [2] - Chevron Corporation's earnings also fell year-over-year but exceeded estimates, resulting in a mostly unchanged stock price [2] Market Trends - Investor expectations are shifting, with a rotation from a heavily weighted tech sector to financial and pharmaceutical sectors [3] - A fragile "trade truce" between the US and China is being monitored, as it raises concerns within the investing community [3] - The probabilities of a December rate cut are evolving, influenced by comments from the Federal Reserve [3]

Core Insights - Apple is observing an improvement in iPhone trends, indicating a potential positive shift in consumer demand and sales performance [1] - Analysts have noted that Apple's stock is currently more expensive compared to other hardware and smartphone companies such as Qualcomm and Alphabet, suggesting a valuation concern [1] Summary by Categories Company Performance - The improvement in iPhone trends may lead to better sales figures for Apple in the near future, reflecting a recovery in the smartphone market [1] Market Comparison - Apple's stock valuation is highlighted as being higher than competitors like Qualcomm and Alphabet, raising questions about its investment attractiveness relative to these companies [1]

Market Overview - U.S. stocks traded higher, with the Nasdaq Composite gaining more than 1% on Friday, while the Dow rose 0.09% to 47,563.80, and the S&P 500 increased by 0.58% to 6,862.07 [1] - Consumer discretionary shares saw a significant jump of 4.3% on Friday, indicating strong performance in that sector [1] Company Performance - Apple Inc. reported fiscal fourth-quarter revenue of $102.47 billion, surpassing analyst estimates of $102.17 billion, and earnings of $1.85 per share, exceeding expectations of $1.76 per share [3] - EPWK Holdings Ltd. shares surged 137% to $0.1559, while Getty Images Holdings, Inc. experienced a 45% increase to $2.93 following a licensing agreement with Perplexity AI [10] - MSP Recovery, Inc. shares rose 77% to $0.56, indicating strong market interest [10] - Luminar Technologies, Inc. shares dropped 34% to $1.3801 after receiving a subpoena from the SEC and suspending its FY25 guidance [10] - Intensity Therapeutics, Inc. shares fell 28% to $0.95 after announcing a $4 million registered direct offering of common stock [10] - OneSpan Inc. shares decreased by 26% to $11.52 after reporting worse-than-expected third-quarter sales and cutting its FY25 sales guidance [10] Commodity Market - Oil prices increased by 0.7% to $61.04, while gold rose by 0.4% to $4,031.90 [6] - Silver prices fell by 0.3% to $48.485, and copper decreased by 0.4% to $5.0860 [6] International Markets - European shares were lower, with the eurozone's STOXX 600 slipping 0.5%, and major indices in Spain, London, Germany, and France also experiencing declines [7] - Asian markets closed mostly lower, with Japan's Nikkei 225 gaining 2.12%, while Hong Kong's Hang Seng fell 1.43%, and China's Shanghai Composite dipped 0.81% [8]

Kevin Hanks. I'm That's why I'm going to bring Kevin Hanks in. CBOE pre-bell playbook.Um, a lot of mega cap tech earnings. I don't know what they're going to continue to do. They've been trying to bring bills forward pertaining to the government shutdown.In the meantime, let's start with what investors are certainly focused on and that's mega tech. Good morning. Happy Friday, Kevin.>> Good morning, Nicole. Yeah, what a difference a day makes, huh. I mean, yesterday's focus was all about Microsoft Meta Platf ...

NEW YORK, Oct. 31, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins./PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.   NYSE Content Advisory: Pre-Market Update + Emera Celebrates NYSE ListingAshl ...

Apple Inc. (NASDAQ: AAPL) just posted excellent quarterly results. ...

Group 1: Nvidia's Expansion in South Korea - Nvidia has secured a significant deal to supply 260,000 AI chips to major South Korean companies, including Samsung, SK Group, and Hyundai, as the country aims to enhance its sovereign AI capabilities [5][37] - This move is part of Nvidia's strategy to expand its influence beyond China and solidify its position in the global AI market [8][10] - The chips will be utilized in various applications, including smart factories and autonomous vehicles, indicating a strong demand for AI technology in South Korea [38] Group 2: Performance of Major Tech Companies - Apple and Amazon have reported strong earnings, contributing to a significant increase in their stock prices, with Amazon adding approximately $300 billion in market value following its earnings report [2][11] - Amazon's AWS segment experienced a growth of around 20%, surpassing Wall Street's expectations of 18%, and is expected to continue accelerating spending in AI-related areas [13][14] - The overall performance of major tech companies, including Microsoft, Meta, and Alphabet, has been positive, with a notable increase in AI spending across the sector [17][18] Group 3: Market Reactions and Economic Indicators - The stock market is showing mixed signals, with the Dow trading flat while S&P and NASDAQ futures are up, reflecting investor optimism following strong earnings reports from major tech firms [3][53] - Geopolitical developments, particularly the recent meeting between President Trump and China’s Xi Jinping, are influencing market stability, although long-term tensions remain [20][24] - Gold prices are experiencing significant fluctuations, with a notable increase in demand driven by central banks and institutional investors, indicating a shift in market dynamics [27][32] Group 4: Earnings Reports from Energy and Consumer Goods Companies - Chevron reported strong earnings of $185 per share, exceeding estimates, and attributed its success to the recent acquisition of Hess, which boosted production [48] - Exxon, despite reporting adjusted earnings of $188 per share, faced challenges with free cash flow falling to $6.3 billion, raising concerns about its ability to cover dividends and buybacks [50] - Colgate Palm Olive's organic sales growth was below expectations at 0.4%, indicating pressure from weak demand in Asia and consumer spending [52]

The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move back to the upside after coming under pressure over the course of the previous session.Early buying interest may be generated in reaction to upbeat earnings news from big-name companies like Amazon (AMZN) and Apple (AAPL).Shares of Amazon are soaring by 13.0 percent in pre-market trading after the online retail giant reported better than expected third quarter results amid a sharp increase in cloud co ...

After coming under pressure over the course of the previous session, stocks are likely to move back to the upside in early trading on Friday. The major index futures are currently pointing to a higher open for the , with the S&P 500 futures up by 0.7 percent.Early buying interest may be generated in reaction to upbeat earnings news from big-name companies like Amazon (AMZN) and Apple (AAPL).Shares of Amazon are soaring by 13.0 percent in pre-market trading after the online retail giant reported better than ...