Alphabet's Earnings Preview: Steady growth and a focus on its AI story

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Alphabet, Google's parent company, is scheduled to report second quarter earnings on 23 July 2024 after US markets close. Here's a breakdown of what to expect and watch for.

Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: -0.01% 🇪🇺EUR: -0....Alphabet’s consensus EPS forecast for the second quarter of the year is $1.85, a slight decrease from the previous quarter at $1.89, but still a 28% increase compared to the same quarter last year.

Based on the company's actual results over the past four quarters, Alphabet has delivered an average upside surprise of 10.62%. When it comes to AI, the hot topic investors are eagerly watching, the spotlight will be on how generative AI is rolled into Google’s market-leading search and cloud services. Moreover, all eyes will be on how the tech giant is turning their massive AI investments into profits, with their quarterly results set to reveal this crucial step.Alphabet’s earnings report arrives just as the market begins shifting away from high-flying tech stocks, following this year’s impressive rally.

The crucial price point to watch around the earnings date will be at $172. This level represents a 10% decline from its recent peak of $191. Additionally, the weekly chart shows this as a key juncture, where the April peak and the previous resistance-turned-support trendline converge, offering double layers of support. If this support level breaks, the price could slide towards $158-$162, the gap left by the previous earnings date.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 305. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Earnings playbook: Your guide to a busy week of earnings, including Alphabet and TeslaWall Street will get its first glimpse of Big Tech earnings this week.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Dow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts to Q2 earningsDow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts to Q2 earnings
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

FedEx earnings preview: Analysts discuss key focus areas for the FQ4 reportFedEx earnings preview: Analysts discuss key focus areas for the FQ4 report
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

Nike earnings preview: Analysts discuss Q4 report’s key focus areasNike earnings preview: Analysts discuss Q4 report’s key focus areas
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

Alphabet earnings and 3 more things we're watching in the stock market next weekAlphabet headlines a group of Club holdings reporting earnings next week. Meanwhile, the Fed's favorite inflation gauge is the biggest economic release.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

US stock futures steady as Wall St falls after CPI data; Q2 earnings awaitedUS stock futures steady as Wall St falls after CPI data; Q2 earnings awaited
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »