The major market averages on Wall Street opened higher on Friday, with the Nasdaq leading the pack, as Apple and Intel's earnings reports brought cheer, while the Fed's preferred inflation gauge came in line with expectations.

Nasdaq 100 E-Mini futures (NQH25) are trending up +0.54% this morning as investors digested earnings reports from big U.S. tech companies. Tesla (TSLA) gained over +2% in pre-market trading despite reporting weaker-than-expected Q4 results,

Computer processor maker Intel (NASDAQ:INTC) reported Q4 CY2024 results , but sales fell by 7.4% year on year to $14.26 billion. On the other hand, next quarter’s revenue guidance of $12.2 billion was less impressive,

Among the panoply of earnings reports we see this week, chip stock Intel (INTC) is poised to roll out its own report. And, for the most part,