In the early morning of the 30th Beijing time, US stocks closed higher on Friday, and the three major stock indexes all recorded big gains this week and July. Apple Inc and Amazon.Com Inc reported strong results, pushing technology stocks higher. The Fed's favorite PCE inflation data is the highest since January 1982.

The Dow rose 315.50 points, or 0.97%, to 32845.13; the Nasdaq rose 228.09, or 1.88%, to 12390.69; and the S & P 500 rose 57.86, or 1.42%, to 4130.29.

This week, the Dow is up 2.97%, the S & P 500 is up 4.26%, and the Nasdaq is up 4.7%. In July, the Dow rose 6.73%, the S & P 500 rose 9.11%, and the Nasdaq rose 12.35%. All three major stock indexes recorded their biggest monthly gains since 2022.

U. S. stocks were supported by two large-cap stocks on Friday. Shares of e-commerce giant Amazon.Com Inc rose more than 10% after the company reported better-than-expected sales in the previous quarter. Apple Inc, which closed 3.3% higher, announced that its iPhone mobile phone sales revenue was better than expected.

On the economic data side on Friday, the Commerce Department reported that the personal consumption expenditure price index (PCE) rose 6.8% in June from a year earlier, the highest level since January 1982. The PCE price index is the Fed's favorite inflation data.

The champion of US stock turnover on Friday$Tesla, Inc. (TSLA.US) $It closed 5.78% higher, with a transaction of $27.588 billion.A Delaware judge announced on Friday that the case of Twitter v. Tesla, Inc. CEO Elon-Elon Musk will be heard from October 17 to 21. On April 26, Musk reached an agreement with Twitter to buy Twitter for $54.20 a share in cash (Twitter closed at $41.61 on Friday), for a total value of about $44 billion.

But on July 9, Musk announced that he would terminate the deal because Twitter had seriously violated many of the terms of the agreement, including fake accounts. On July 13, Twitter filed a lawsuit against Musk, asking him to continue to implement the acquisition agreement. Twitter hopes the court will hear the case quickly in September. On 20 July, the judge ruled that the case would be heard in October this year and is expected to last five days.

Second place$Amazon.Com Inc (AMZN.US) $It closed 10.36% higher, with a deal of $20.23 billion.Amazon.Com Inc's second-quarter results exceeded expectations. Revenue rose 7.2 per cent year-on-year to $121.2 billion, with market expectations of $119.093 billion; losses per share were $0.20 and earnings per share were expected to be $0.12. Amazon.Com Inc said that revenue in the third quarter is expected to be between $125 billion and $130 billion, a year-on-year increase of 13 per cent and 17 per cent, and the market is expected to be $126.4 billion.

Third place$Apple Inc (AAPL.US) $The company closed 3.28% higher, with a turnover of $16.51 billion.Apple Inc's revenue in the third quarter was $83 billion, up 2% from a year earlier and higher than market expectations of $82.8 billion, but this was still the slowest growth rate since the outbreak in Europe and the United States in 2020, slowing significantly from 36% in the same period last year. it is also the sixth consecutive quarter of deceleration in sales growth; net profit is $19.44 billion, down 10.6 per cent from a year earlier; revenue is down 14.7 per cent from a month earlier. The third quarter is usually the off-season for Apple Inc's revenue growth.

Apple Inc's third-quarter results barely exceeded market expectations, easing concerns about supply chain barriers and economic cooling affecting its sales, analysts said.

No. 4$Microsoft Corp (MSFT.US) $It closed 1.57% higher, with a turnover of $8.995 billion. Microsoft Corp's fourth-quarter revenue was $51.9 billion, up 12 per cent from a year earlier, while net profit was $16.7 billion, up 2 per cent from a year earlier. Although the overall revenue growth, but Microsoft Corp's two core business Windows operating system and Xbox game console revenue has declined.

No. 7$Meta Platforms (META.US) $It closed down 1.01% to a turnover of US $6.636 billion.

No. 8 Chinese stocks$BABA (BABA.US) $It closed down 11.12% on a turnover of $5.398 billion.

No. 9$Intel Corp (INTC.US) $It closed down 8.56% on a turnover of US $4.506 billion. The company's second-quarter adjusted earnings per share were $0.29, while analysts expected $0.69. Adjusted revenue for the second quarter was $15.3 billion, while analysts expected $17.96 billion. Adjusted earnings per share for the third quarter are expected to be $0.35 and $0.82. Adjusted revenue for the third quarter is expected to be $1.5-16 billion, while analysts expect $18.7 billion.

Looking ahead, Intel Corp expects full-year adjusted earnings per share of $2.30 and $3.39. Full-year adjusted revenue is expected to be $6.5-68 billion and is expected to be $74.76 billion. Full-year capital expenditure is expected to be $23 billion and $26.81 billion.

No. 12 streaming media company$Roku Inc (ROKU.US) $It fell 23.07% to $2.962 billion. The company's second-quarter results and third-quarter guidance fell short of expectations, and the company warned of a slowdown in advertising and consumer spending. Second-quarter revenue rose 18 per cent year-on-year to $764 million, but was well below market expectations for a 25 per cent increase; a loss of 82 cents a share, compared with an expected loss of 69 cents a share.

The company added 1.8 million incrementally active accounts to 63.1 million in the second quarter. But streaming time fell by 2.02 billion hours to 20.7 billion hours compared with the previous quarter. Over the past 12 months, average revenue per user has increased by 21% to $44.10.

Roku warned that a slowdown in advertising and consumer spending would hurt sales. The company expects third-quarter revenue of $700 million, below market expectations of $902.7 million.

No. 14$Chevron Corp (CVX.US) $It closed 8.9% higher, with a deal of $2.778 billion. Chevron Corp's total revenue in the second quarter was $68.762 billion, up 82.9% from a year earlier, compared with $37.597 billion in the same period last year. Net profit was $11.715 billion, up 278.6% from a year earlier, compared with $3.094 billion a year earlier. The company raised the share buyback ceiling to $15 billion.

After the release of the results, Chevron Corp CFO said it would increase its investment by $1.5 billion to $17 billion in 2023.

15th place$Procter & Gamble Co (PG.US) $The company closed down 6.18% on a turnover of $2.611 billion. The company earned better than expected in the second quarter, but made poor profits and sales fell compared with the same period a year earlier, and warned that higher exchange rate, commodity and transportation costs would result in an after-tax loss of $3.3 billion in fiscal 2023. CEO hinted that consumer spending cuts are about to affect daily necessities, with organic income growing at its slowest pace since 2019.

The following are the 20 most actively traded stocks of the day (by turnover):