Apple, Amazon, and Netflix moved higher before the bell after upbeat results, as investors eyed broader earnings and waited for economic updates during a government data delay.
What’s going on here?
Apple, Amazon, and Netflix drove early gains for the S&P 500 and Nasdaq after upbeat earnings and a headline-grabbing Netflix stock split, even as the Dow stayed behind with investors eyeing results during a stretch of delayed government economic reports.
What does this mean?
Wall Street got a boost before the open, powered by strong performances from heavyweight tech firms. Apple beat expectations and forecast double-digit sales growth over the holidays, lifting its shares in premarket trading. Amazon’s cloud business delivered solid results, pushing its stock higher. Netflix surged 2.3% after announcing a 10-for-1 stock split and exploring a possible Warner Bros Discovery deal, according to Reuters. Broader markets are gearing up for more earnings from sector heavyweights like Exxon Mobil and Chevron, while updates from health care and consumer giants are also on the docket. Still, day 31 of the government shutdown means investors are waiting on key inflation data, and the Federal Reserve—while making a second rate cut—admitted there’s uncertainty ahead, thanks to labor market jitters.
Why should I care?
For markets: Tech sets the pace but turbulence continues.
Investors cheered strong tech numbers, sending S&P 500 and Nasdaq futures higher, but caution is still in the air. With the Nasdaq’s run showing signs of fatigue and mixed signals from Treasury markets, volatility hasn’t vanished. Results from energy and consumer firms today could shape the mood, but uncertainty about the Fed’s next moves and a lack of up-to-date government data means market swings could stick around.
The bigger picture: Strong earnings can’t hide the bigger questions.
Headline-grabbing tech results are stealing the limelight, but the delayed release of major economic indicators like the PCE inflation index makes it harder for investors to see the full economic picture. The Fed’s cautious note on rate policy signals that global markets may be in a holding pattern. Meanwhile, oil dipping and gold climbing highlight how investors are still hedging against big-picture uncertainties both at home and abroad.
—
Originally Posted on October 31, 2025 – Tech Giants Shine In Premarket As Wall Street Awaits Fresh Data
Disclosure: Interactive Brokers Third Party
Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.
This material is from Finimize and is being posted with its permission. The views expressed in this material are solely those of the author and/or Finimize and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
Disclosure: Futures Trading
Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at the Warnings and Disclosures section of your local Interactive Brokers website.
Join The Conversation
If you have a general question, it may already be covered in our FAQs page. go to: IBKR Ireland FAQs or IBKR U.K. FAQs. If you have an account-specific question or concern, please reach out to Client Services: IBKR Ireland or IBKR U.K..
Visit IBKR U.K. Open an IBKR U.K. Account