Wall Street analysts this week weighed in on five our of mega-cap tech stocks ahead of their quarterly earnings reports in the coming weeks. We agreed with some of the notes, disagreed with others. Here's a quick rundown of the analyses, plus where we currently stand on the stocks: 1. Nvidia NVDA YTD mountain NVDA stock performance YTD.
But as we said earlier this week , Apple's vast supply chain makes it difficult to extrapolate larger trends from one data point. This is why we always prefer to wait for what the company has to say. The company has surely earned the benefit of the doubt. 4. Meta Platforms META YTD mountain META stock performance YTD. Street take: Bank of America said Meta Platforms is "best positioned for revenue acceleration" as the outlook for digital advertising revenue growth remains solid.
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Stock market today: Asian shares follow Wall Street lower, and Japan reports September exports roseShares have tumbled in Asia following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks. Worries about war in the Middle East also have been dragging on markets. Benchmarks in Hong Kong, Tokyo and Seoul fell about 2%.
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