From Nasdaq: 2025-05-01 18:08:00

Market indexes experienced a volatile day, with the Dow gaining +83 points, the S&P 500 adding +35 points, and the Nasdaq leading with a +264-point increase. Tech companies drove the gains, while bond yields fluctuated. Big quarterly earnings reports were released after close: Amazon beat estimates, Apple outperformed, Airbnb was mixed, Reddit had a strong quarter, Twilio posted a beat, and Block missed on both top and bottom lines.

Amazon reported earnings of $1.59 per share and revenues of $155.67 billion, beating estimates. Apple exceeded expectations with earnings of $1.65 per share and $95.36 billion in revenues. Airbnb missed earnings by a penny but beat revenue estimates. Reddit had a strong quarter, while Twilio posted a strong earnings beat. Block missed on both top and bottom lines after the closing bell.

Zacks’ Research Chief named a stock set to double, highlighting an innovative financial firm with a fast-growing customer base and cutting-edge solutions. Other top stock picks have seen significant gains in the past. Investors can access the full list of top stocks for potential gains in the coming months.

For more information on the latest recommendations from Zacks Investment Research and detailed stock analysis reports on companies like Amazon, Apple, Microsoft, Twilio, Airbnb, Reddit, and Block, readers can visit the provided links. This article was originally published on Zacks Investment Research.



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