From Nasdaq: 2024-05-02 18:02:00

Market indices had a strong day, with the Dow up 322 points, S&P 500 up 0.91%, Nasdaq up 1.51%, and Russell 2000 up 1.57%. Apple beat earnings estimates with $1.53/share and $90.75B in revenue, plus plans for a $110B share buyback. Block and Coinbase also beat earnings estimates, with shares soaring. Booking.com and Expedia posted strong Q1 results, but Expedia lowered expectations for its VRBO unit. Employment Situation report expected tomorrow may impact Fed interest rate decisions. ADP reported positive private-sector payroll numbers.

Experts have identified 7 elite stocks with potential for early price pops, all Zacks Rank #1 Strong Buys. These stocks have historically outperformed the market with an average gain of +24.2% per year. Recommendations include Apple Inc. (AAPL), Automatic Data Processing, Inc. (ADP), Expedia Group, Inc. (EXPE), Block, Inc. (SQ), Booking Holdings Inc. (BKNG), and Coinbase Global, Inc. (COIN)..

Read more at Nasdaq: Big Quarterly Beats After the Bell: AAPL, SQ, COIN & More