By William Collins, consultant in stock markets – Eurasia Business News, October 31, 2025. Article no 1869

U.S. stock futures rise, fueled by a rally in Apple and Amazon shares following their strong quarterly results. Amazon’s shares surged about 11.5% in premarket trading after forecasting quarterly sales that exceeded expectations, driven by rapid growth in its cloud revenue. Apple shares increased around 2.3%, boosted by optimistic forecasts for iPhone sales in the holiday quarter and overall revenue exceeding Wall Street expectations.

This positive earnings news helped soothe investor concerns after a significant plunge in the previous session, which saw the S&P 500 and Nasdaq Composite log their steepest drops in over three weeks, partly due to worries about Big Tech’s high AI spending. The rally in Apple and Amazon contributed to gains in futures for the Dow Jones, S&P 500, and Nasdaq 100, with the Nasdaq futures gaining the most sharply.

Amazon’s 11% premarket surge was driven primarily by robust growth in its cloud computing division, Amazon Web Services (AWS), which reported a 20% revenue increase in the third quarter — its fastest growth rate since 2022. This strong cloud performance eased investor concerns about Amazon falling behind in the AI race, especially as AI workloads boosted demand significantly. Additionally, Amazon’s retail segment grew by 11% year-over-year, and its advertising sales jumped 24% to $17.7 billion, further boosting the company’s overall performance. The company also provided an optimistic sales outlook for the fourth quarter, projecting revenue between $206 billion and $213 billion and signaling increased capital expenditures to support AI and cloud expansion. These factors combined to restore investor confidence and fuel the substantial share price gain in premarket trading.

Apple’s stock price surge is driven by strong fiscal fourth-quarter earnings that surpassed Wall Street expectations. Apple reported earnings per share of $1.85, beating estimates of $1.77, and revenue of $102.47 billion, slightly above the expected $102.25 billion. A key growth driver was the strong demand for the iPhone 17, which had an “off the chart” reception despite supply constraints limiting sales in the September quarter. CEO Tim Cook provided optimistic guidance for the holiday quarter, forecasting 10% to 12% revenue growth year-over-year, which would make it Apple’s best quarter ever. Additionally, Apple’s Services division hit an all-time record with 15% growth, contributing significantly to the high-margin revenue stream. This combination of stronger-than-expected results, promising outlook, and robust demand for new products fueled investor enthusiasm and lifted Apple’s shares about 2.3% in premarket trading.

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Gold price is approximately $4,042.50 per ounce, and silver is around $21.155 per ounce, according to real-time market data sources. The gold price has experienced a notable increase, with recent levels near $4,022 to $4,038 per ounce, reflecting ongoing geopolitical and economic factors that influence safe-haven demand.

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Over the past year from October 2024 to October 2025, gold prices surged significantly, reaching historic highs. Gold’s price rose from around $2,700 per ounce in early October 2024 to surpass $4,000 per ounce in October 2025, marking an approximate 46.9% increase year-over-year. The price even reached an all-time high of about $4,379 per ounce on October 17.

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This surge was driven by increased investment demand amid geopolitical tensions, a weaker U.S. dollar, expectations of Federal Reserve rate cuts, and safe-haven buying due to equity and bond market risks. Central bank purchases of gold also contributed to this robust rally. The rapid price rise from $3,500 to $4,000 per ounce took only 36 days in October 2025, highlighting the pace of the bull run. Overall, 2025 has been the strongest year for gold performance since 1979, with demand supported by inflation concerns and geopolitical uncertainty.

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© Copyright 2025 – Eurasia Business News. Article no. 1869