Apple stock closes up 7.56%, its best day since April 2020; it was the second-best performing stock in the Dow Jones Industrial Average behind Intel on Friday (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Nvidia reports Q3 revenue down 17% YoY to $5.93B, vs. $5.77B est., including Data Center revenue up 31% YoY to $3.83B and Gaming revenue down 51% YoY to $1.57B  —  – Nvidia reported fiscal third-quarter results on Wednesday for the period ending in October with sales beating analyst expectations but earnings per share coming in light.

Kif Leswing / CNBC:
Apple Q4: iPhone revenue up 9.67% YoY to $42.63B, Mac up 25.3% to $11.51B, iPad down 13.06% to $7.17B, Other Products up 9.8% to $9.65B, and Services up 4.98%  —  – Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share.

Kif Leswing / CNBC:
Block Q3: revenue up 17% YoY to $4.52B, vs. $4.49B est., gross profit up 38% YoY to $1.57B, vs. $1.53B est., and Cash App gross profit up 51% YoY; stock up 12%+  —  – Block stock rose in extended trading after the payments company reported third-quarter earnings that beat Wall Street expectations for profit.

Kif Leswing / CNBC:
Sensor Tower: Apple’s App Store net revenue fell by around 5% in September, the steepest drop since 2015, as gaming revenue declined by 14%  —  – Apple’s App Store revenue declined about 5% in September, according to Morgan Stanley, the steepest drop since the bank started modeling the data in 2015.

Chavi Mehta / Reuters:
Intel reports Q4 revenue down 32% YoY to $14B vs. $14.46B est., with Data Center and AI down 33%, and a Q1 2023 revenue guidance below estimates; stock down 7%+  —  Chipmaker Intel Corp (INTC.O) forecast first-quarter revenue below Wall Street targets on Thursday, slammed by a worsening PC market …

Jordan Novet / CNBC:
Intel Q3: revenue down 15% YoY to $15.34B, vs. $15.25B est., Datacenter and AI revenue down 27% YoY; stock up 5%+ on plans to reduce ~$10B in costs over 3 years  —  – Intel plans up to $10 billion in cost reductions and efficiency improvements in the next three years.