Nasdaq climbed more than 300 points on Friday, as the gains came after upbeat forecasts from Apple and Amazon increased investor confidence.

Investors welcomed the positive outlooks from two of the world’s biggest tech companies, helping to lift overall sentiment across Wall Street.

In the early hours of trading, the Nasdaq Composite rose 356 points, or about 1.5%, to 23,932. The S&P 500 gained 50 points, or 0.7%, to 6,873, while the Dow Jones Industrial Average was up 65 points, or 0.1%, at 47,587.

Apple reported a 7.9% revenue increase, reaching $102.5 billion in its fourth quarter. Strong iPhone 17 sales and record services revenue of $28.75 billion drove the growth. CEO Tim Cook said the December quarter could deliver the highest revenue in Apple’s history, with iPhone revenue expec

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