About this episode

The episode discusses the recent record highs in the S&P500 and Nasdaq, alongside notable stock performances and earnings reports.

The S&P500 and Nasdaq ushered in May with fresh record intra-day and closing highs – Dow eased -153-points or -0.31% , with Amgen Inc down -4.75% a day after the biotechnology stock posted stronger-than-expected adjusted earnings per share (EPS) and revenue for the first quarter . 3M Co (-2.74%) McDonald’s Corp (-2.37%) fell over >2%. Salesforce Inc rallied +4.13% to be the leading performer in the 30-stock index on Friday (1 May). Apple Inc +3.24% after the technology giant’s first quarter result released after the close of the previous session topped Wall Street forecasts , thanks in part to strong sales of its iPhone 17 .

Topics covered

• market performance
• stock analysis
• earnings report
• technology stocks
• biotechnology
• investment trends

Keywords

• S&P500
• Nasdaq
• record highs
• earnings report
• Amgen
• Salesforce
• Apple
• iPhone 17
• stock market
• investment

Mentioned in this episode

Organizations: Morgans Financial Limited, S&P500, Nasdaq, Dow, Amgen Inc, 3M Co, McDonald’s Corp, Salesforce Inc, Apple Inc

Products: iPhone 17

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