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HomeEconomy

Economy

Apple, Inc. (NASDAQ:a href=https://www.Zenger News.com/stock/AAPL#NASDAQAAPL/a)’s third-quarter results Thursday failed to impress Wall Street, and the stock promptly reacted with a a href=https://www.Zenger News.com/analyst-ratings/analyst-color/23/08/33561621/apple-q3-sneaks-past-estimates-on-services-strength-but-stock-drops-as-iphone-ipad-move to the downside/a. Here’s what the Street has to say. PHOTO BY ANDY WANG/UNSPLASH
Economy

Is Apple Stock’s Risk-Reward Still Attractive After Q3 Earnings, Lighter IPhone Revenues? 

August 4, 2023 1skholloway1975 Comments Off on Is Apple Stock’s Risk-Reward Still Attractive After Q3 Earnings, Lighter IPhone Revenues? 

Apple, Inc […]

Shares of Apple, Inc. were modestly lower in premarket trading on Thursday, inspired by the broader market negativity. CFOTO/GETTY IMAGES 
Economy

Apple’s Q3 Earnings Call: Can Tim Cook’s Commentary Turn The Market?

August 4, 2023 1skholloway1975 Comments Off on Apple’s Q3 Earnings Call: Can Tim Cook’s Commentary Turn The Market?

Investors eagerly await Apple’s fiscal year Q3 results and management commentary on the earnings call. […]

strongOn the daily chart, Apple was attempting to print a doji candlestick on Thursday, which indicates that the price may rise on Friday. The candlestick, however, will be invalidated if Apple reacts negatively to the news, and the stock may drop to test support at the 50-day simple moving average, which is now trading at roughly $187. BENZINGA/strong
Economy

Apple’s Q3 Earnings Awaited As Stock Trades Lower

August 3, 2023 1skholloway1975 Comments Off on Apple’s Q3 Earnings Awaited As Stock Trades Lower

Analysts estimate EPS of $1.09 on revenues of $74.24 billion; J.P. Morgan raises price target […]

A Qualcomm logo. Qualcomm has reported third-quarter revenue of $8.44 billion, down 23% YoY. (JOSEP LAGO/AFP via Getty Images)
Economy

Qualcomm Posts Earnings: Q3 Revenue Of $8.44 Billion Misses Analysts’ Estimates, Down 23% YoY

August 3, 2023 1skholloway1975 Comments Off on Qualcomm Posts Earnings: Q3 Revenue Of $8.44 Billion Misses Analysts’ Estimates, Down 23% YoY

Semiconductor and technology company predicts Q4 revenue coming in $8.1 billion–8.9 billion range. […]

Tesla Model S Bluefire at Tesla Servicecenter Bern Switzerland. Tesla, Inc. (NASDAQ:TSLA) shares have fallen about 12% since the electric vehicle maker reported its second-quarter results.CEO Elon Musk left open the possibility of further price cuts on the second-quarter earnings call, blaming it on a rising rate environment.SCHWELS
Economy

Tesla Shares Fall To About 12% Since The Electric Vehicle Maker Reported Its Second-quarter Results

July 31, 2023 1skholloway1975 Comments Off on Tesla Shares Fall To About 12% Since The Electric Vehicle Maker Reported Its Second-quarter Results

If Tesla continues to move lower on decreasing volume, the stock is likely to print a bullish reversal candlestick. […]

Otis Worldwide Corp reported second-quarter 2023 sales growth of 6.7% year-over-year to $3.72 billion, +7.7% on an adjusted basis and +9.5% on an organic basis, beating the consensus of $3.58 billion. JAVI COLMENERO/GETTY IMAGES  
Economy

Otis Worldwide Q2 Sales Beat Estimates, Raises Guidance

July 30, 2023 1skholloway1975 Comments Off on Otis Worldwide Q2 Sales Beat Estimates, Raises Guidance

Elevator manufacturer reports 6.7% YoY sales growth, plans $150M cost savings with UpLift program. […]

The S&P 500 and other major indexes slid on Thursday but recovered on Friday to wrap up the week to the upside. SILAS STEIN/GETTY IMAGES 
Economy

S&P 500 Rebounds, Fed Eyes Rate Hike, Big Tech Earnings Shine

July 29, 2023 1skholloway1975 Comments Off on S&P 500 Rebounds, Fed Eyes Rate Hike, Big Tech Earnings Shine

Stocks recover, Fed plans rate hike, strong earnings boost Big Tech shares […]

In this photo illustration, the new Twitter logo rebranded as X (X Corp.) is seen on a smartphone and Elon Musk Twitter account with the new X logo on a pc screen. (PAVLO GONCHAR/GETTY IMAGES)
Economy

Elon Musk’s Infatuation With ‘X’ Sheds Light On Twitter Rebranding

July 27, 2023 1skholloway1975 Comments Off on Elon Musk’s Infatuation With ‘X’ Sheds Light On Twitter Rebranding

Musk’s vision for X.com in 1999 resurfaces as he plans to rebrand Twitter as ‘X’ […]

People arriving at the launching event of Google Cloud region in Doha at Qatar National Convention Centre in Doha, Qatar, in May 2023. Cloud's revenue climbed 28% in Q2, thanks to its artificial intelligence leverage. (Noushad Thekkayil/NurPhoto via Getty Images)
Economy

Alphabet’s Q2 Results Beat Expectations, Driven By Strong Cloud Business

July 26, 2023 1skholloway1975 Comments Off on Alphabet’s Q2 Results Beat Expectations, Driven By Strong Cloud Business

Google Properties’ growth expected to rebound and YouTube Shorts surges, fueling optimism for long-term AI-driven growth. […]

Tesla, Inc. reported quarterly record revenue of $24.93 billion after the market closed on Wednesday, surpassing the consensus estimate of $24.48 billion. The remarkable financial performance has sparked excitement about Tesla’s potential to hit a major revenue milestone. SPENCER PLATT/GETTY IMAGES 
Economy

Tesla’s Record Revenue Spurs Optimism For $100 Billion Milestone

July 21, 2023 1skholloway1975 Comments Off on Tesla’s Record Revenue Spurs Optimism For $100 Billion Milestone

Impressive financial performance could propel Tesla to hit major revenue milestone faster than its peers. […]

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