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Zacks News
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Should You Invest in the First Trust Technology AlphaDEX ETF (FXL)?
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Sector ETF report for FXL
ETFs in Focus Post Apple's Q3 Earnings and Revenue Beat
by Sweta Killa
Apple Inc. (AAPL) reported solid third-quarter fiscal 2023 results, wherein it beat estimates on both earnings and revenues. However, the tech titan forecast another revenue decline for the current quarter, spreading fears of pessimism.
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Among the top five big tech stocks, Amazon, Facebook-parent Meta and Google-parent Alphabet delivered impressive results, garnering positive reactions from investors, while Apple and Microsoft disappointed investors.
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by Sweta Killa
Microsoft (MSFT) reported strong fourth-quarter fiscal 2023 results, beating earnings and revenue estimates. However, the slowing growth of cloud service Azure proved to be a dampener, sending the shares down.
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Sector ETF report for XNTK
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