One of these tech giants posted accelerating growth and expanding margins -- and didn't need to commit hundreds of billions to AI infrastructure to do it.
Apple's stellar Q2 report added strategic significance to its strong performance.
At TechCrunch's sold-out StrictlyVC event in San Francisco on Thursday night, we covered a lot of ground in a short time, beginning with the question everyone in the industry is asking right now: in a world where rival Cursor is reportedly in talks to be acquired by SpaceX for $60 billion, is Replit also bound to sell?
Record quarterly profits, upbeat guidance, and an enormous buyback are reshaping the risk–reward profile for investors, today, May 1, 2026.
STORY: U.S. stocks ended mostly higher on Friday, with the Dow the only outlier, dipping about three-tenths of a percent, while the S&P 500 gained about three-tenths of a percent and the Nasdaq climbed nine-tenths of a percent.Both the S&P 500 and the Nasdaq logged their sixth consecutive week of gains, their longest weekly winning stretches since October of 2024.It was a big week for corporate earnings, with five of the Magnificent Seven megacaps reporting.Among them, Apple climbed more than 3% on Friday, a day after the tech giant provided a solid sales forecast, touting strong demand for its flagship iPhone 17 and the MacBook Neo.Analysts now see overall first-quarter earnings growth of nearly 28% year-over-year, according to LSEG I/B/E/S Estimates.That's an 11.7 percentage point increase from where the estimate stood a week ago, and marks the biggest earnings growth since the fourth quarter of 2021.Melissa Brown is managing director of investment decision research at SimCorp."I think we're just seeing the continuation of this AI trade and maybe the complete ignoring of some of the other red flags that are out there - higher oil prices leading to higher inflation, you know, many other things that might give investors pause. But we're coming through a good earning season, particularly for some of these tech companies, and investors are, I guess, saying it's still time to buy there."Among other movers, shares of Atlassian surged more than 29% after the enterprise software firm hiked its forecast. Peers Salesforce and ServiceNow also gained.Shares of Reddit jumped 13% after the social media site gave an upbeat quarterly revenue forecast.On the flip side, shares of Roblox tumbled more than 18% after the online game platform cut its annual bookings forecast.
The stock market rebounded late last week after a short pause. The S&P 500 and Nasdaq are at highs while Apple and Broadcom are in buy zones.
Today, May 1, 2026, Apple’s upbeat outlook helped propel tech to fresh Nasdaq records even as the Dow slipped and caution lingered.
The Nasdaq Composite and the S&P 500 reached new peaks on Friday, scoring their fifth consecutive we
US equity indexes were mixed on Friday as earnings helped lift technology and communication services
The Nasdaq and S&P 500 soared to fresh records Friday, cheering mostly strong earnings from tech giants and continuing to shrug off the prolonged US-Iran war that has lifted oil prices.Oil prices slid after Iranian state media reported that Iran delivered the text of a new proposal to mediator Pakistan on Thursday evening.
Concurrent Wealth Management chief investment strategist Leah Bennett joins Josh Lipton on Market Domination Overtime to discuss what investors should watch as Big Tech navigates geopolitical volatility.
The Nasdaq composite dominates the major indexes on Friday. Buffett stock Berkshire Hathaway reports earnings on Saturday.
Apple Stock Rises After Earnings Beat. Strong iPhone Demand Is Driving Growth.
Stocks reached fresh highs as falling oil prices and strong earnings lifted market sentiment.
The U.S. stock market is rising toward more records after Apple, Estee Lauder and others joined the list of companies delivering fatter profits for the start of the year than analysts expected. The Dow Jones Industrial Average fell 40 points, and the Nasdaq composite added 1% to its own record. The Nasdaq composite rose 222.13 points, or 0.9%, to 25,114.44.
Shares of Sandisk and Western Digital pared losses Friday after the industry peers posted solid results for their latest quarters.
Apple is facing supply constraints for its latest iPhones because of a shortage of advanced processors from TSMC.
Apple forecast better than expected growth after another quarter of strong sales driven by its “most popular” iPhone model ever, as the tech...
US equity indexes were mixed ahead of Friday's close, as President Donald Trump expressed displeasur
“We believe memory costs will drive an increasing impact on our business,” CEO Tim Cook said Thursday night.