US stock indices Nasdaq 100, Dow Jones 30, and S&P 500 are attempting to break higher but face resistance near key technical levels. The Nasdaq 100 is testing the 28,500 mark with resistance at its 50-day EMA, while the Dow Jones is challenging 52,500, supported by its 50-day EMA trend line. The S&P 500 touched 7,500 but pulled back slightly, with its 50-day EMA providing support. Market volatility is driven by ongoing earnings reports and geopolitical concerns in the Middle East, causing traders to be cautious as the weekend approaches.
Apple Inc. posted a record fiscal Q4 revenue of $114.48 billion and GAAP EPS of $2.10, signaling strong sales. However, the company expects gross margins to decline to 45-46%, which could limit operating income and EPS growth. Additionally, growth in...
Apple Inc. reported its best September quarter ever, but shares fell after hours because of concerns over higher memory costs impacting the December quarter's gross margin, expected to be 45%-46%. Analysts view these memory expenses as Apple's way of...
Apple reported a record September quarter with earnings and revenue beating estimates, driven by strong iPhone sales and tariff refunds. However, the stock dropped 4% as management warned that rising memory chip costs, driven by AI demand, will squee...
Apple reported better-than-expected revenue and earnings for its fiscal fourth quarter, but shares dropped about 2.8% after hours, wiping out roughly $140 billion in market value. New CEO John Ternus highlighted unprecedented increases in memory chip...
Apple exceeded fiscal Q4 revenue expectations driven by strong iPhone sales and services, forecasting 7-10% revenue growth for the next quarter, above estimates. However, it warned of lower gross margins (45-46%) due to higher costs including memory ...
