↗️ Apple (AAPL): The iPhone maker's revenue soared as customers continued to upgrade their devices. Shares were up 3% in afternoon trading. ↘️ Roblox (RBLX): The videogame company cut its full-year guidance as efforts to boost its safety features weighed on its latest quarterly results.
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Oil prices fell and tech stocks extended gains after Iran shared its latest proposal for negotiations. Brent crude futures fell about 2% on Friday to around $108 a barrel. Both indexes finished April with their largest monthly gains since 2020, as investors looked past the war in Iran and focused instead on strong earnings.
Micron, SanDisk, and Alphabet all continue to gain notable attention among investors, with shares of each remaining red-hot. But what's driving the positivity?
Find insight on Apple, Sandisk, Reddit and more in the latest Market Talks covering Technology, Media and Telecom.
Investors weren't sure what to make of Sandisk's news on Friday -- until all of a sudden they decided they liked it.
The Nasdaq composite dominates the major indexes on Friday. Buffett stock Berkshire Hathaway reports earnings on Saturday.
Memory-chip maker Sandisk crushed analyst estimates for its fiscal third quarter, sending its stock to record heights on Friday.
SanDisk Gains as Analysts Lift Targets. The AI Boom Is Driving Demand