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Cloud, Retail Sales In Focus as Amazon Earnings Near, But Regulatory Concerns Also Loom
Tuesday, April 27, 2021 - 12:38pm | 1325At this point, it’s hard to build up much suspense for Amazon’s (NASDAQ: AMZN) earnings. That’s in part due to the continued increase in online shopping, strong tailwinds from last year that are anticipated to endure, and because the company helpfully provides guidance for...
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Tech Time: Microsoft, Advanced Micro Devices, Alphabet Reporting After Close Today
Tuesday, April 27, 2021 - 10:11am | 2340Ready or not, it’s time for all of us to put our Fed hats on. Again. It’s only been six weeks since the last Federal Open Market Committee (FOMC) meeting, but they’re gathering again today. The usual press conference featuring Fed Chairman Jerome Powell comes right after the...
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Can Apple's Earnings Impress Again? Tough Act To Follow For iPhone Maker In Fiscal Q2
Monday, April 26, 2021 - 5:26pm | 2184There’s so much news swirling around Apple (NASDAQ: AAPL) that digging into the fundamentals seems like a monumental task. We’ll do it anyway as investors await earnings from the biggest company (in market cap) on earth. The iPhone maker’s earnings report after the close...
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How Nuance May Alter The Healthcare And AI Playing Field Aas Microsoft Reports Q3 Results
Monday, April 26, 2021 - 10:52am | 1295In Microsoft’s (NASDAQ: MSFT) last earnings conference call with analysts, CEO Satya Nadella opened with an upbeat and sweeping salvo on cloud platform Azure’s role in the emerging “second wave” of global digital transformation. Despite all the fireworks, it...
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Mega-Cap Companies On Tap For Earnings This Week Include Tesla, Apple, Alphabet, Microsoft
Monday, April 26, 2021 - 10:16am | 1799We hope you’ve had a restful weekend because this week is looking pretty busy on a trio of fronts—earnings, economic data and monetary policy. And that’s not even counting the potential for policy headlines from Washington, which played a big role in trading last week. This...
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Tesla Hits Record Production, Deliveries Despite Global Semiconductor Shortage
Friday, April 23, 2021 - 11:37am | 1431There’s a cloud hanging over automakers these days, and it’s made of silicon. A global semiconductor shortage has been rippling through the auto industry, which needs chips for infotainment systems, engine management for better fuel economy, and power braking and steering. But...
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Intel, American Express, Honeywell All Under Pressure After Earnings, But Snap Rebounds
Friday, April 23, 2021 - 10:19am | 2465The market’s four-week winning streak looks threatened as today’s session opens. The S&P 500 Index (SPX) closed just above 4185 a week ago and finished Thursday near 4135, so it would take a major rally for a green week after the taxman’s visit yesterday. At the same...
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Could Apple Take A Bite Out Of FB Ad Revenues? Facebook Prepares To Open The Books On Q1
Friday, April 23, 2021 - 10:10am | 1167Can the earnings growth continue for Facebook (NASDAQ: FB) after a record-smashing year last year for its stock price, revenue and number of users? In the short term, at least, the answer is expected to be yes. Analysts are confident that FB will once again meet or exceed estimates on the...
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For Alphabet, Cloud Moves Slowly As The Ad Arena Heats Up Ahead Of Q1 Earnings
Thursday, April 22, 2021 - 12:53pm | 1177Without much doubt, Alphabet (NASDAQ: GOOGL) shares have come a long way. They’re up 4,371% since the first public offering in 2004, so it’s easy to think that GOOGL shows every sign of being a “mature” company. But GOOGL’s also shown an ability to reinvent...
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American, Southwest, Alaska Report Today With Focus On Summer Travel Demand
Thursday, April 22, 2021 - 10:25am | 2500It’s a busy day for the airlines as three major carriers report and investors wait to hear what they might say about summer travel trends. In the meantime, broader market action looks a little unsettled to start the day without much direction one way or another. It might be a bit of a wait-...
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Fasten Seatbelts Again? New Turbulence For Boeing Ahead Of Q1 Earnings
Thursday, April 22, 2021 - 10:15am | 1804Approaching Q1 earnings a year ago, Boeing (NYSE: BA) investors would have probably loved to hear that by this time, the 737 Max would be back in the air, airlines would be ordering more of that particular plane, and daily U.S. passenger numbers would be around 10 times their deepest...
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Disappointing Subscriber Numbers Hit Netflix Shares, Weighing On Nasdaq Early
Wednesday, April 21, 2021 - 10:18am | 2512Other than earnings, we’ve had almost no numbers to crunch so far this week. That changes starting today. Weekly crude inventories come out later this morning, followed by initial jobless claims tomorrow. The claims number looms large, considering last week’s 576,000 was the...
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Strong Results From IBM And Johnson & Johnson Not Enough As Covid Worries Rise
Tuesday, April 20, 2021 - 10:17am | 2728If stocks fall on back-to-back days for the first time this month, you can probably blame an old culprit: Covid. Yesterday was the biggest down day in a month, and it looks like the pullback is seeing a little follow-through, with stocks under pressure in pre-market trading despite solid earnings...
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Strong Earnings from Coca-Cola Start Week, with IBM on Way Ahead of Netflix Tomorrow
Monday, April 19, 2021 - 10:25am | 2524After four weeks of gains, what can Wall Street do for an encore? We’re about to find out as the earnings parade continues. Despite nice results this morning from CocaCola (NYSE: KO), the overall market seems to have lost some of Friday’s fizz. It’s not too...
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'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?
Monday, March 22, 2021 - 6:45pm | 818The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals. Buying The Dip: As a result, many investors saw the stock market sell-off last March as a long-...