"Apple's fiscal Q2 revenue reached $111.184 billion, a 17% year-over-year increase, with iPhone revenue at $56.994 billion. The company announced a $100 billion buyback and a 4% dividend increase."
"SanDisk's Q3 revenue surged 251% year over year to approximately $6 billion, driven by a Datacenter segment growth of 645%. EPS of $23.41 far exceeded the $14.66 estimate."
The Nasdaq Composite achieved a 15% gain in April, marking its best monthly performance since April 2020. Apple reported fiscal Q2 revenue of $111.184 billion, exceeding expectations, while SanDisk's Q3 revenue surged 251% year over year. Apple announced a $100 billion buyback and a 4% dividend increase, while SanDisk's results highlighted a significant demand for AI memory. Oil prices eased, and the market showed positive movement across major indices, with the Dow Jones, Nasdaq, and S&P 500 all up.
Read at 24/7 Wall St.
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