NYSE Rise: Strong Data from Apple and Amazon

The New York Stock Exchange started the day with a strong rise, bringing smiles to investors' faces. The main reason for this was the better-than-expected earnings reports from the tech giants in the US, particularly Apple and Amazon.

Apple reported a net sales increase of 8% for the third quarter of 2023 (July-September), reaching $82.96 billion. During this period, the company's net profit skyrocketed by 86% to $23.03 billion. Following these impressive results, Apple shares began the day with a 1% increase, rekindling investor interest.

Another tech giant, Amazon, was another company that delighted its investors. The company reported revenues and profits that exceeded forecasts in this quarter. According to the statements, Amazon's net income surpassing expectations increased by 12%. One of the supporting reasons for this was the rising demand for online shopping worldwide. With these strong figures, Amazon's shares rose by 12%.

For investors, the data provided by Apple and Amazon may positively influence expectations regarding tech stocks for the remainder of 2023. According to analysts, the strong financial performance of these companies is likely to strengthen overall confidence in the markets while also serving as a source of motivation for other companies in the sector.

With this rise led by technology stocks, the New York Stock Exchange may directly impact the performance of firms in other sectors. Investors are advised to closely monitor market fluctuations. Particularly, the technology sector continues to possess sustainable growth and development potential worldwide.