FinanceWall Street Journalabout 2 hours ago
Tech Stocks Rise Despite Apple Slump
3 min read
Tech stocks rose on Tuesday despite a 1.7% drop in Apple shares, as Nvidia gained 2.8% and Broadcom 3%. The S&P 500 climbed 0.6% while the Nasdaq composite was 1.1% higher. Apple's revenue beat expectations, yet memory chip costs from AI data center demand hurt its profit margins per dollar of revenue.
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