The three major U.S. stock indices opened mixed, with the Dow Jones Industrial Average down 0.36%, the S&P 500 up 0.09%, and the Nasdaq Composite up 0.36%. Among popular stocks, Nvidia rose 2.17%, Apple fell 3.8%, Microsoft increased by 0.66%, Google-A gained 0.76%, Amazon was up 1.39%, TSMC rose 1.4%, SpaceX increased by 1.33%, Tesla was up 0.46%, Meta gained 1.03%, Broadcom rose 1.44%, SK Hynix increased by 2.61%, Micron Technology was up 2.62%, AMD rose 2.27%, ASML gained 1.92%, Cisco increased by 0.49%, Oracle rose 1.91%, Intel was up 1.83%, Dell Technologies-C gained 2.45%, and ARM rose 2.04%. Apple opened nearly 4% lower, with CEO Tim Cook stating during the earnings call that rising memory prices are dragging down the company's gross margin for the upcoming quarter, and he expects memory costs to be higher in the future.
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