Apple's Strong Earnings Propel Tech Industry Forward

Apple beats Q1 estimates with strong iPhone sales, boosts dividend and announces $90 billion share buyback program; AMD reports better-than-expected Q1 but issues disappointing guidance, shares recover after Bloomberg reports Microsoft is helping finance AMD's expansion into AI chips; Qualcomm shares slide after weak guidance for fiscal Q3 due to deteriorating demand for smartphones in China; Coinbase beats Q1 expectations with cost cuts and jump in subscription revenue, but expects subscription and services revenue to fall in Q2; Square reports better-than-expected Q1 results, raises full-year adjusted EBITDA forecast.