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U.S. stock futures advanced on Friday after a day of decline on Thursday. Futures of major benchmark indices were higher.

Amazon.com Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL) drove gains on Friday after their strong quarterly results.

This followed a decline in the Nasdaq Composite index, dipping more than 350 points on Thursday as it was weighed down by mixed earnings reports from Meta Platforms Inc. (NASDAQ:META) and Microsoft Corp. (NASDAQ:MSFT).

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00:00all right stock futures positive ahead of the halloween friday open here likely on the backs
00:12of some of those really strong earnings reports we got yesterday s p futures up 0.81 percent here
00:19dow futures up 0.16 percent and the nasdaq futures leading the way higher at at 1.36 percent
00:27let's take a look at some cues from last sessions here most sectors on the s p 500 closed on a
00:34negative note on thursday with consumer discretionary communication services and
00:39information technology recording the biggest losses u.s stock futures advanced on friday after
00:46a day of decline on thursday but this morning futures are higher amazon and apple drove gains
00:53on friday after their strong quarterly results this followed a decline in nasdaq composite index
00:59dipping more than 350 points on thursday as it weighed down as it was weighed down by mixed
01:05earnings from meta and microsoft that we will definitely be taking a look at both of those
01:10here today meanwhile the 10-year treasury bond yielded 4.11 percent and the two-year bond was
01:15at 3.61 percent now we do have several stocks in focus here today and they're going to be a lot of
01:21those earnings winners as well as netflix first one here is going to be amazon amazon jumped 12.21
01:28percent in the pre-market on friday after reporting upbeat third quarter results with net sales of 180.2
01:34billion that's up 13 year over year it also said that it sees fourth quarter net sales in a range of
01:41206 billion to 213 billion that's up 10 to 13 year over year respectively just a massive massive move
01:50there in amazon apple rose 1.88 percent after better than expected financial results with revenue of
01:57102.47 billion which beat the estimate of 102.17 billion just a very little beat there it reported
02:06earnings of 185 per share which beat the 176 per share estimate big thing here with apple tim cook
02:12said that the iphone is constrained by supply right now uh he's gone on to say that the demand is off
02:20the charts for that phone we have channel check reports saying that it was actually the iphone pro max
02:26that had the most demand that's the highest margin product that they have uh so it looks like we're
02:31setting up for a pretty awesome upgrade cycle here for apple and you're seeing that reflected in the
02:36stock price netflix advanced 3.21 percent after announcing a 10 for one stock split uh this is
02:44interesting because we were just talking yesterday about how the stock split for chipotle which was a
02:5150 to 1 ended up being the top or at least so far very curious to see if the same type of thing here
02:58on netflix they had i think 421 million shares in the float it's going to be 4.2 billion after the
03:05split hope the stock still trades well uh we'll see on that um i actually would be really curious to see
03:11what you folks think about a netflix stock split are you bullish on this bearish on this i mean the
03:16way i think is that as soon as that split is effective and all of these long time netflix holders that
03:23have tremendous gains in netflix you're probably going to sell some right we'll see about that
03:30well i'm sure we'll talk about that curious uh how you folks all think about that reddit is the next
03:35stock on our list here that gained 12.39 as it reported third quarter earnings of 80 cents per
03:41share significantly beating the analyst estimate of 52 cents per share reddit also surpassed the new
03:46expectations reporting 585 million which was higher than the consensus of 545.71 million
03:54last stock on our list here today is going to be strategy affectionately known as mr ticker mstr it
04:01soared 7.29 despite mixed quarter uh mixed third quarter financials excuse me however it became the
04:09first bitcoin focused company to receive an s p credit rating earlier in the week so micro strategy strong
04:16after earnings today
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