- Apple Inc. reported a quarterly revenue of $109.42 billion with $2.02 earnings per share for the period ending in July, alongside an annualized dividend payout of $1.08 per share.
- Institutional investors and hedge funds actively adjusted their holdings, while research firms maintained a consensus "Moderate Buy" rating with a target price of $330.53.
- Key market news highlighted upcoming AI product catalysts, leadership changes, restructuring efforts, and expanded Apple Pay acceptance across Walmart stores.
- Microsoft Corporation reported strong quarterly earnings with $4.74 EPS and revenue reaching $90.01 billion, alongside strategic developments such as upcoming AI chip initiatives and major Azure client acquisitions.
- Institutional investors and corporate insiders adjusted their holdings, while annual capital spending climbed to approximately $115.9 billion.
- The company also declared a quarterly dividend of $0.91 per share, maintaining a consensus moderate buy rating from analysts.