The last trading day of the month, with the stock index set for six straight months of gains. After Amazon and Apple’s earnings reports, both hit new highs, lifting the major indexes sharply higher. Tech stocks are leading the rally — NDX100 is up nearly 1.5% pre-market.
Amazon (AMZN): Revenue surged, stock up 13%, testing around $255 after the open.
Apple (AAPL): Quarterly revenue exceeded $100B, but iPhone sales and China performance missed expectations. Stock up 2%, testing around $285 after the open.
Other movers:
• WDC +12% (storage devices)
• NET +8%, TWLO +10% (cloud stocks)
• MRVL, ALAB +6% (network chips)
• RDDT +12% (online media)
• COIN +4% (stablecoin platform)
• ILMN +6% (medical equipment)
• FSLR +5% (solar energy)
Netflix (NFLX) announced a 10-for-1 stock split, with reports saying it may be preparing to acquire Time Warner.
SPY: Yesterday pulled back to fill the gap; $680 remains key downside test level — a break could fill more of the gap. Upside test around $686; a quick breakout could retest the previous high at $690–692.
QQQ: Jumping sharply pre-market, set to retest prior highs near $637 after the open.
After this week, most Q3 earnings will be wrapped up, and fundamentals of major AI tech leaders will be clearer. A detailed review of 25Q3 results and leading stocks’ performance will be shared this weekend.
Trick or treat tonight — Happy Halloween! 🎃
More Information/Reports/Video/Analysis please contact us—info@the-currency-store.com. We offer fully customised content services tailored to you needs.
Add comment
Comments