Stock futures climbed on Thursday night as investors reacted to strong earnings from Amazon and Apple. With Amazon's cloud revenue soaring and Apple's fiscal forecasts shining, optimism is high despite recent market fluctuations.
Apple's latest earnings call reveals mixed results as iPhone revenue missed estimates, but the company is ramping up AI investments and anticipates strong growth in the holiday quarter. Will this lead to a comeback?
Amazon's stock skyrocketed over 10% after reporting impressive Q3 earnings, surpassing analyst expectations with a 33% increase in adjusted earnings per share and a 20% growth in AWS sales. CEO Andy Jassy highlights strong momentum driven by AI.
Eli Lilly's stock surged 3.9% after an outstanding Q3 earnings report, surpassing analysts' expectations with $7.02 per share and $17.6 billion in sales. The company raised its yearly guidance, signaling strong growth potential.
Meta's shares dropped over 12% due to a staggering $16 billion tax charge, marking its biggest loss in years. Meanwhile, Microsoft and Alphabet reported mixed quarterly results, with Alphabet hitting a record revenue.
Eli Lilly's third-quarter results exceeded estimates, driven by strong demand for Zepbound and Mounjaro. The company raised its revenue forecast, fueling a 5% rise in shares. Discover how Eli Lilly is maintaining its lead in the competitive obesity drug market.
Nvidia has reached a historic milestone, becoming the first company valued at $5 trillion, fueled by an AI chip frenzy. While the tech giant thrives, concerns about an impending AI bubble loom large.
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Nvidia has achieved a historic milestone, becoming the first company to reach a $5 trillion market value, fueled by the AI boom. As shares soar and concerns about an AI bubble grow, the tech landscape is witnessing unprecedented changes.
Microsoft has once again crossed the $4 trillion mark in valuation, joining Nvidia in a rare elite club as AI investments soar. OpenAI's transformation into a public benefit corporation with Microsoft backing fuels this surge.
