4 stocks to watch on Friday: Apple, Coinbase and more
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U.S. stocks are poised for an advance at the start of Friday's trading, bouncing back from recent weakness. Investors were digesting the latest employment data, which showed 253K jobs added in April and an unemployment rate that fell to 3.4%. Here are some stocks to watch on Friday:

The release of quarterly results gave a premarket lift to Apple (NASDAQ:AAPL), which rose 2% before the opening bell. The iPhone maker reported Q2 EPS that was flat with last year, with revenue that dipped 3% to $94.8B. However, the top- and bottom-line figures were both better than Wall Street had predicted. Meanwhile, AAPL also announced a $90B share buyback program, as well as an increased dividend.
Block (SQ) edged higher in premarket trading, bolstered by a Street-beating earnings report. The operator of the Square payment processing system reported better-than-expected Q1 earnings, with revenue that climbed 36% from last year to reach almost $5B. The company also raised its 2023 guidance, calling for adjusted EBITDA for the period of $1.36B.
Coinbase Global (COIN) surpassed projections with its Q1 earnings, helped by declining expenses following recent cost-cutting efforts. Revenue dropped 33% from last year but rose compared to the previous quarter. Boosted by the financial figures, COIN climbed 8% before the opening bell.
Warner Bros. Discovery (WBD) lost ground in premarket action, after the entertainment giant announced a wider-than-expected Q1 loss. The company reported revenue that slipped 5% from last year on a combined basis, excluding the impact of foreign exchange. Adjusted EBITDA rose 12%.


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