Apple CEO Tim Cook predicted record revenue for the December quarter, driven by the iPhone 17. Despite revenue in China declining last quarter, Cook said he expected a rebound to growth in the region.
Apple CEO Tim Cook signaled to investors the company is still open to acquisitions and partnerships to move things forward on the AI front.
Morning Brief anchor Julie Hyman breaks down the latest market news for October 31, 2025. Amazon reported the fastest cloud unit growth in three years.
Wedbush analysts raised their target price on Apple Inc (NASDAQ:AAPL, ETR:APC) to $320 per share from $310 to reflect what they called “increased confidence” in the Apple growth story. The analysts also believe the iPhone 17 launch is “off to a great start” heading into the key holiday December quarter in the US and China and noted the company's continued strong Services growth.
Coinbase (NASDAQ: COIN): Bernstein reiterated an outperform rating on Coinbase, noting that the crypto giant is firing on all cylinders.
Apple sees iPhone trends improving, but analysts note its stock is more expensive than other hardware and smartphone plays like Qualcomm and Alphabet.
Stock futures are on the rise, with tech stocks leading the way after strong earnings reports from tech titans Apple and Amazon. Amazon is set to open at a record high after reporting cloud growth accelerated last quarter; Apple topped quarterly estimates and forecast record holiday-quarter revenue; Reddit shares are jumping on its earnings beat and solid forecast; and Netflix stock is rising higher after the streaming giant announced its first stock split in a decade.
Apple Inc. (NASDAQ: AAPL) just posted excellent quarterly results.
Apple is betting on a big holiday season, Netflix weighs Warner Bros. bid, Pfizer and Novo Nordisk find themselves in a bidding war, and more news to start your day.
Investors cheer earnings from Apple and Amazon
Two of the market's bellwethers released their numbers after the closing bell, and the message to anyone with exposure via SIPPs, ISAs or tech-heavy pensions was clear: cash flows from cloud and services are doing the heavy lifting even as the AI euphoria invites bubble chatter. Amazon.com Inc's (NASDAQ:AMZN) shares leapt around 10% to 13% in late trading after a strong beat, led by a sharp re-acceleration at Amazon Web Services, where sales rose 20% year on year to $33 billion, the fastest pace in nearly three years.