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Needham’s Laura Martin: 'We need to watch what's happening in China' on Apple

CNBC reported Nov 2 that Needham analyst Laura Martin joined 'Squawk on the Street' to discuss Apple’s earnings, the company’s new CEO and developments in China.

Developing storyApple earnings put new CEO John Ternus in focus2 reports · latest 1h agoTimeline →
Illustration for: Needham’s Laura Martin: 'We need to watch what's happening in China' on Apple
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What happened

CNBC reported Nov 2, 10:40 UTC that Needham’s Laura Martin, senior internet analyst at Needham & Co., joined 'Squawk on the Street' to discuss Apple’s earnings, the company’s new CEO and more. The CNBC summary says the segment covered those topics without providing additional detail in its headline snippet. The CNBC headline also highlighted her remark: 'We need to watch what's happening in China'.

Stocks market context

Finnhub shows prices as of Nov 2, 18:30 UTC for most equities and Nov 2, 18:29 UTC for the ETFs: the SPY ETF was $758.43 and rose 0.36% from the prior close, the QQQ ETF was $690.96 and rose 0.07% from the prior close; Apple was $337.16 and fell 2.17% from the prior close, NVIDIA was $206.58 and rose 0.95% from the prior close, Microsoft was $519.44 and fell 0.47% from the prior close, and Amazon was $249.82 and rose 3.94% from the prior close.

Instrument Last Change Basis As of Source
S&P 500 (via SPY ETF) $758.43 +0.36% vs prior close Nov 2, 18:29 UTC Finnhub
Nasdaq 100 (via QQQ ETF) $690.96 +0.07% vs prior close Nov 2, 18:29 UTC Finnhub
NVIDIA $206.58 +0.95% vs prior close Nov 2, 18:30 UTC Finnhub
Apple $337.16 -2.17% vs prior close Nov 2, 18:30 UTC Finnhub
Microsoft $519.44 -0.47% vs prior close Nov 2, 18:30 UTC Finnhub
Amazon $249.82 +3.94% vs prior close Nov 2, 18:30 UTC Finnhub
Alphabet $283.87 +1.44% vs prior close Nov 2, 18:30 UTC Finnhub
Meta Platforms $612.47 -0.41% vs prior close Nov 2, 18:30 UTC Finnhub
Tesla $408.06 +2.06% vs prior close Nov 2, 18:30 UTC Finnhub
JPMorgan Chase $341.60 +1.35% vs prior close Nov 2, 18:30 UTC Finnhub

Yahoo published a preview titled 'Earnings from Apple, Palantir, and jobs report data: What to Watch' that takes a closer look at top stories for investors the week of Nov. 2 and names Apple earnings among items to watch. Yahoo also published 'Apple earnings, Binance hack, midterm elections - What’s moving markets', a markets roundup that lists Apple earnings as a moving story.

What to watch

AAPL Q4 2026 earnings is scheduled Mon Nov 2 (after the close), per Finnhub.

  • Mon Nov 2 (after the close) — AAPL Q4 2026 earnings · EPS estimate 2.03
  • Tue Nov 3 (before the open) — MPC Q3 2026 earnings · EPS estimate 24.72
  • Wed Nov 4 (time not confirmed) — PAYP Q2 2026 earnings · EPS estimate 26.16
  • Wed Nov 4 (before the open) — CVS Q3 2026 earnings · EPS estimate 1.67
  • Wed Nov 4 (before the open) — COR Q4 2026 earnings · EPS estimate 4.63
  • Wed Nov 4 (after the close) — MCK Q2 2027 earnings · EPS estimate 10.81

Sources and data

  • CNBC (secondary source) — Needham's Laura Martin on Apple: 'We need to watch what's happening in China'
  • Yahoo (secondary source) — Earnings from Apple, Palantir, and jobs report data: What to Watch
  • Finnhub (market data) — market data

Market data as of Nov 2, 18:30 UTC; report generated Nov 2, 18:30 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

  • Price-to-earnings ratio (P/E)

    Share price divided by earnings per share.

    Full definitionLearn more in Index Insight

  • Exchange-traded fund (ETF)

    A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.

    Full definitionLearn more in Crypto Canvas

  • S&P 500

    A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.

    Full definitionLearn more in Index Insight

  • Nonfarm payrolls (NFP)

    The monthly change in the number of US workers on payrolls, excluding farm workers and a few other groups, published by the Bureau of Labor Statistics in the Employment Situation report — usually on the first Friday of the month alongside the unemployment rate and wage growth.

    Full definition

  • Earnings per share (EPS)

    A company's net profit attributable to ordinary shareholders divided by its average number of shares.

    Full definitionLearn more in Stock Surge

Sources & data

  1. CNBC (secondary, retrieved Nov 2, 2026, 06:32 PM UTC)
  2. Yahoo (secondary, retrieved Nov 2, 2026, 06:32 PM UTC)
  3. Finnhub (market-data, retrieved Nov 2, 2026, 06:32 PM UTC)

Market data as of Nov 2, 2026, 06:30 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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Politics & Macro

Market update: USO ETF fell 6.38% as of Nov 2, 19:31 UTC

Oil led moves, with the USO ETF down 6.38%; the GLD ETF rose 1.70% while the SPY ETF and UUP ETF edged lower, per Finnhub as of Nov 2, 19:31 UTC.

MarketAlleys Research Desk · · 3 min read