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Technology stocks were retreating again Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) falling 0.4% and the Philadelphia Semiconductor Index declining 2.6%.

U.S. stock indexes pared declines by afternoon on Friday as a strong jobs report that initially raised fears of the Federal Reserve keeping interest rates higher for longer also pointed to the resilience in the economy in the face of aggressive policy tightening.

What happened Shares of Apple (NASDAQ: AAPL) were up 3.5% as of 11:37 a.m. ET on Friday after the company delivered fiscal first-quarter earnings on Thursday following the market close.

Apple Inc. AAPL reported dismal first-quarter fiscal 2023 results as it missed the Zacks Consensus Estimate for earnings for the first time since 2016. The tech giant posted its largest year-over-year quarterly revenue decline since 2019 and the biggest annual quarterly r

A gauge of global stocks slumped while U.S. Treasury yields and the dollar shot higher on Friday after a surprisingly strong U.S. jobs report rekindled concerns the Federal Reserve may need to stay aggressive in its rate hike path in order to tame inflation.

Wall Street's main indexes edged lower on Friday after data showed the economy added jobs at a rapid pace last month, feeding into fears that the Federal Reserve could keep interest rates higher for longer in its fight against inflation.

Disappointing earnings from Apple Inc, Alphabet Inc and Amazon.com on Thursday renewed concerns of a slowdown in demand as consumers and businesses remain cautious about spending amid rising economic uncertainty.

Apple AAPL reported first-quarter fiscal 2023 earnings of $1.88 per share, which missed the Zacks Consensus Estimate by 2.59% but beat our estimate of $1.87 per share.The reported earnings figure decreased 10.5% year over year.Net sales decreased 5.5% year over year to $1

Technology stocks were declining pre-bell Friday. The Technology Select Sector SPDR Fund (XLK) was down 1.8% while the iShares Semiconductor ETF (SOXX) was 2% lower.

Disappointing earnings from Apple Inc, Alphabet Inc and Amazon.com on Thursday renewed concerns of a slowdown in demand as consumers and businesses remain cautious about spending amid rising economic uncertainty.

It might not be a case of going from zero to hero, but the tech sector is rebounding smartly in 2023 following its drubbing last year. As investors shifted to more defensive positions, the sector tumbled hard, and many previous highfliers were in the dumps.

Wall Street's main indexes were set to open lower on Friday after data showed the economy added jobs at a rapid pace last month, feeding into fears that the Federal Reserve could keep interest rates higher for longer in its fight against inflation.

Global stocks and Treasury prices tumbled on Friday after an unexpectedly strong U.S. jobs report indicated the Federal Reserve may need to keep interest rates elevated to control inflation.

Big Tech companies have a new obsession: artificial intelligence. This week, chief executives across the sector packed earnings calls with mentions of the heavily hyped technology, which until recently existed more in the background than as a solid contributor to the bottom line.

After a challenging year that saw the Nasdaq Composite plunge 33%, many companies started 2023 on the back foot. But they have since started arching forward a bit with the same index rising 10% year to date.

The NASDAQ 100 Pre-Market Indicator is down -216.31 to 12,586.83. The total Pre-Market volume is currently 58,524,777 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.64 at $26.27, with 6,331,408 shares traded

Verizon (NYSE: VZ), AT&T (NYSE: T), and Apple (NASDAQ: AAPL) are on the list of the best dividend stocks to buy in February. Tune in to learn about the other stocks generating passive income.

For Immediate ReleaseChicago, IL – February 3, 2023 – Zacks Equity Research shares e.l.f. Beauty, Inc. ELF as the Bull of the Day and Hasbro, Inc. HAS as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Amazon AMZN, Apple AAPL and Alphabet GOOG

Motley Fool contributor Connor Allen goes over Apple's (NASDAQ: AAPL) latest earnings results. The stock fell 3% after hours due to a variety of reasons given in this video, including economic conditions, foreign exchange, and more.

Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so fast.