Tech stocks are in focus this morning after a series of strong after-hours earnings reports from major names.
Apple (AAPL) reported Q3 revenue of $109.42 billion, beating analyst estimates, with EPS of $2.02. iPhone and Mac revenue exceeded expectations despite some softness in Greater China.
Amazon (AMZN) also posted positive results, alongside reports from Coinbase (COIN) and others. Early market chatter shows constructive reactions to the prints.
Why it matters
The earnings from big tech directly influence investor sentiment ahead of today's cash open. Strong beats from Apple and Amazon could support a steadier start for the major indices.
US markets are set to open at 16:30 Israel time, with futures providing the first read on direction.
What the street is saying
Conversation is centered on the implications for the tech sector, alongside expectations for energy names reporting today including Exxon (XOM) and Chevron (CVX).
The bottom line
The market wakes up after a volatile session, with emphasis on strong results from the big tech names. The expected open will also depend on additional developments throughout the day.
