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Apple’s earnings day is finally here. The iPhone maker is scheduled to report fourth-quarter results after the stock market closes today. Analysts surveyed by FactSet expect Apple to report earnings of $1.60 a share, an increase from the $1.46 a share posted in the same period last year...
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Q3 2024 Chemed Corp Earnings Call...
Continue ReadingRegulatory issues around Big Tech have been tough for investors to quantify. Neither a Trump nor Harris victory will do much to change that...
Continue ReadingInsightful Analysis of Alphabet Inc's Strengths, Weaknesses, Opportunities, and Threats...
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(Bloomberg) -- China’s economy showed signs of stabilizing after Beijing unleashed the boldest stimulus measures since the pandemic, although an upcoming US election injects uncertainty into the recovery.Most Read from BloombergChicago Mayor Seeks Property Tax Hike, Breaking Campaign VowIs Denver’s Big Bet on E-Bikes Paying Off?NY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkThere Will Soon Be No Meatpackers Left in NYC’s Historic Meatpacking DistrictA South Korean City Plays Match...
Continue ReadingAnalysts surveyed by FactSet expect the tech behemoth to post earnings of $1.14 a share on revenue of $157.28 billion...
Continue ReadingTesla’s futuristic Cybertruck has been a hot topic since its release. It is known for its bold design and promises of robust performance, but now that it’s on the road, not every owner gets the smooth ride they expected. One frustrated owner took matters into his own hands when Tesla’s service team couldn’t fix a persistent issue with his vehicle. Here's how he did it with a $12 part. Don't Miss: This Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands l...
Continue ReadingThe market loved the Tesla report last week and had a similar reaction to the Alphabet release, which have both helped kick off the reporting cycle for the Mag 7 group...
Continue ReadingAlphabet (GOOG, GOOGL) delivered an earnings beat, sending the stock higher and fueling confidence in the “Magnificent Seven” group. With Microsoft (MSFT), Meta Platforms (META), Amazon (AMZN), and Apple (AAPL) set to report this week, Capital Fund Management head of macro strategy Christian Dery joins Market Domination Hosts Julie Hyman and Josh Lipton to discuss the impact of the Magnificent Seven on the broader market. “These companies have gotten so large that on earnings events…you're getting these swings in market cap on the order of $2 [billion] to $400 billion,” Dery says, highlighting Nvidia (NVDA) and its impact on the S&P 500 (^GSPC) specifically. The chipmaker doesn’t report earnings until Nov. 20. As the Magnificent Seven companies report earnings, capital spending will likely be closely watched by investors as Big Tech companies invest billions into artificial intelligence (AI) infrastructure without a definitive timeline on AI monetization. The strategist says, “The reality is that the existing incumbents have to build out this technology because they can't risk falling behind their competitors,” but “We haven't found the killer use case just yet, and the market is going to start to be more discerning in terms of [the] path to profitability scale. They're going to focus on CapEx and projections for CapEx.” For more on how Dery navigates investing in the Magnificent Seven, watch the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan...
Continue ReadingBYD’s third quarter sales came in at $28.2 billion, higher that’s Tesla’s third quarter sales of $25.2 billion. That’s a first...
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