From Nasdaq: 2024-05-03 10:17:56

The technology sector in the stock market includes companies like Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX). Tech stocks offer growth potential but also come with high volatility and valuation concerns due to market sentiment and economic shifts.

Apple Inc. (AAPL) reported better-than-expected earnings of $1.53 per share and revenue of $90.75 billion for the second quarter of 2024. Shares of AAPL stock opened higher by 5.96% at $183.38 in Friday morning’s trading session.

Microsoft Corporation (MSFT) also had a strong performance, posting Q3 2024 earnings of $2.94 per share and revenue of $61.86 billion, exceeding analysts’ estimates. Microsoft stock opened higher by 1.72% at $404.67 on Friday morning.



Read more at Nasdaq: 2 Tech Stocks For Your May 2024 Watchlist