Apple Rally Dey Push US Stock Market Even Though AMD, Snap and SMCI Earnings Dem Fall
US stock market close higher on Wednesday, wit S&P 500 up 0.73% and Nasdaq up 1.21%, driven by Apple rallying 5%. Apple gain cover big drops for AMD, Snap and Super Micro Computer (SMCI) as dem all report bad Q2 earnings. AMD no meet earnings per share forecast and talk say China shipments get wahala. Snap blame technical fault for weak ad revenue of $1.17 billion. Super Micro talk say wahala from Trump tariffs dey affect dem and no meet revenue and profit target. Despite these tech stock wahalas, McDonald’s and Arista Networks give better results than dem expect, help support US stock market gains. Overall, earnings season strong, wit 81% of S&P 500 companies better pass Wall Street forecast, help calm market wahala even as tech sector mix performance dey show.
Neutral
Dis news go fit get neutral impact for di cryptocurrency market. Even though di US stock market rally wey Apple dey lead show say investors dey optimistic, di mixed earnings from big tech companies like AMD, Snap, and SMCI dey make people dey cautious. Historically, strong stock performance fit boost risk appetite and indirectly help crypto short term. But tech sector wahala and tariff worries fit pressure other risk assets. For long term, steady earnings growth and stable trade policies fit support better crypto environment, but di mixed signals now keep near-term outlook neutral.