Upside/Downside Potential in Big Tech With Earnings a Week Ahead of the Election

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 85 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 53%

S&P 500 أخبار

Boeing Co,Microsoft Corporation,Coca-Cola Co

Stocks Analysis by Brian Gilmartin covering: S&P 500, Boeing Co, Microsoft Corporation, Coca-Cola Co. Read Brian Gilmartin's latest article on Investing.com

The big tech companies, or the so-called Mega-cap 7, do not report their Q3 ’24 financial results until Halloween week:market cap and earnings weight that will all get reported in a 72 hour time span at the end of October, just a week before the Presidential election.

There have only been 75 companies reporting Q3 ’24 to date. The EPS upside surprise is +6.4%. That’s still a little lower than Q2 ’24 at +8%, but still healthy.It’s the last week of the month where we get the big mega-caps reporting so we have another week to bide our time, and watch the action. JPMorgan is having a tough time making a new all-time high, despite it’s good quarter. There is still a wet blanket over the major banks as net interest income is expected to be lower in calendar ’25.) was that they guided ’25 revenue to be between $43 – $44 billion, or inline with the current consensus estimate of $43.5 billion, the surprise being they are giving that guidance 90 days ahead of their Q4 ’24 financial release, which is when investors and analysts usually get next years guidance.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in AE
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Could Mega-Cap Tech Stocks Catch Up to S&P 500 This Week?Stocks Analysis by Brian Gilmartin covering: S&P 500, Oracle Corporation, Alphabet Inc Class A, Apple Inc. Read Brian Gilmartin's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Nike Earnings Summary: Did the CFO 'Kitchen Sink' the Quarter for Elliott Hill?Stocks Analysis by Brian Gilmartin covering: Nike Inc. Read Brian Gilmartin's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Netflix Earnings: Could Stock Put in a Big Double-Top on the Weekly Chart?Stocks Analysis by Brian Gilmartin covering: S&P 500, Netflix Inc. Read Brian Gilmartin's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »