Market Reactions to Earnings Reports

Recent earnings reports from major tech companies have yielded mixed reactions in the stock market. Apple reported a Q4 revenue of just under $25 billion, falling short of predictions, leading to a 1.4% decline in its share price. Conversely, Intel exceeded expectations with a revenue of $13.28 billion, but a lower margin caused the share to remain volatile despite a 12% rise in after-hours trading. Meanwhile, the performance of companies like Amazon, which showed stronger than expected sales, contrasted sharply with the overall bearish trend seen in indices like the Nasdaq, which fell by 2.8%.