3 Technology Stocks Affecting the Nasdaq 100 Now

Apple (NASDAQ:AAPL): The tech leader reported its fiscal third quarter earnings this afternoon, stunning markets with numbers that topped even the most optimistic analyst forecasts. The company reported FQ3 EPS of $7.79, beating analysts projections by $1.99. Revenues also surged to $28.57B vs. expected $24.92B. Net income for the personal computer company rose to $7.31 billion ($7.79 per share) vs. $3.25 billion ($3.51 per share) in the same quarter a year earlier. This is a more than twofold rise from the year earlier quarter. “We’re thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent,” said Steve Jobs, Apple’s CEO. The stock has surged up 6.03% after hours, pushing above the $400 price level. Apple’s news will have an effect on top stocks Hewlett-Packard Company (NYSE:HPQ), Dell Inc. (NASDAQ:DELL), Google Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), Intl. Business Machines Corp. (NYSE:IBM), Intel Corporation (NASDAQ:INTC), and the Nasdaq 100 (NASDAQ:QQQ).

Yahoo (NASDAQ:YHOO): The search engine and web servicer reported its second quarter earnings this afternoon, “net income rose to $237 million, or 18 cents a share, from $213 million or 15 cents a share in the same period last year. Net revenue for the period ended June 30 fell to $1.1 billion. Second-quarter net revenue for online display advertising rose 5% to $467 million. Search advertising net revenue, meanwhile, fell 15% to $438 million, Yahoo said.” YHOO fell in line with the mean analyst estimate of 18 cents per share. It beat the average revenue estimate of $1.11 billion. For the quarter, earnings per share was up by 18% year over year. We made clear progress in search, and saw strong growth in engagement on our media properties,” said Carol Bartz, CEO of Yahoo!. YHOO stock is down -1.99% in after hours trades.

Intuitive Surgical, Inc. (NASDAQ:ISRG): The healthcare tech company reported net income above Wall Street’s expectations for the second quarter. Net income for the medical appliances and equipment company rose to $117.4 million ($2.91 per share) vs. $88.7 million ($2.19 per share) in the same quarter a year earlier. This marks a rise of 32.4% from the year earlier quarter. Rose 21.4% to $425.7 million from the year earlier quarter. ISRG beat the mean analyst estimate of $2.71 per share. It beat the average revenue estimate of $410.4 million. Commenting on the announcement, Gary Guthart, President and CEO of Intuitive Surgical, said, “We are pleased with our second quarter procedures, revenue, and earnings growth. Our results reflect the continued adoption of da Vinci surgery across a broad range of procedures.”

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