Earnings Preview – Will Microsoft and Alphabet Rescue the Nasdaq 100 and S&P 500?

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria News News

Earnings Preview – Will Microsoft and Alphabet Rescue the Nasdaq 100 and S&P 500?
Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Microsoft and Alphabet will announce corporate results on Tuesday. Their quarterly performance and, more importantly, earnings guidance may set the tone for the broader market in the near term.

Analysts expect EPS of $25.63 on revenue of $68.13 billion. For reference, the company has a track record of stellar execution, in fact, it has handily beat both top- and bottom-line consensus forecasts over the past six quarters, with its share price higher the day after the earnings announcement on every occasion during these observations. Obviously, past performance is not indicative of future results, but it underscores that management has done a good job in growing the business and profits.

In terms of financial results, traders should focus on search engine and YouTube advertising revenue amid headwinds from the Russia-Ukraine conflict and strong competition from TikTok. It is also necessary to keep an eye on Alphabet's cloud services segment to glean insight into the unit’s momentum in this increasingly crowded and competitive market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyFX /  🏆 305. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earnings playbook: Your guide to the busiest week of the reporting season, featuring Apple & othersThe busiest week of the earnings season is coming up, with roughly 160 S&P 500 companies slated to report, including tech giant such as Apple and Amazon.
Source: CNBC - 🏆 12. / 72 Read more »

S&P 500 about to fall sharply as it teeters on brink of bear market, Morgan Stanley saysThe S&P 500 is poised to fall sharply as investors flee risks assets on fears over a recession, aggressive tightening by the Fed and inflation, according to Morgan Stanley analysts. Morgan Stanley is a joke. S&P is about to explode upward. Its not BTC
Source: FoxBusiness - 🏆 458. / 53 Read more »

Dow Futures Fall More Than 200 Points as Wall Street Braces for a Busy Earnings WeekInvestors are looking ahead to a packed week of corporate earnings, including reports from Amazon, Apple and Microsoft.
Source: NBCDFW - 🏆 288. / 63 Read more »

Stock futures are little changed on Sunday as Wall Street braces for a busy earnings weekInvestors are looking ahead to a packed week of corporate earnings, including reports from Amazon, Apple and Microsoft. Starting to get old with all the selling Make investment priority in your life to secure the future, I don't know how to say this but I'm grateful to Mr LucasDoust1 with all his efforts in my startup Bitcoin investment of $2000 I gained $20,300 weekly God bless LucasDoust1 follow and DM him for more details
Source: CNBC - 🏆 12. / 72 Read more »

A Big Tech encore and Twitter showdown will shape biggest week of earnings seasonAlphabet, Amazon, Apple, Meta and Microsoft may not live up to the massive profit of last year, but they will still bring in plenty of cash as more than a third of the S&P 500 reports earnings this week. Yoy can almost Smell another lockdown coming Technology stocks earnings are worrying, and monetary tightening is a great pressure on technology stocks. SPOT clapped
Source: MarketWatch - 🏆 3. / 97 Read more »

First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500First Mover Asia: Bitcoin’s correlation with the stock market has created a circular economy with China – even though trading the asset is officially banned in the country. thesamreynolds, DantesOutlook, Liqquidity report. thesamreynolds DantesOutlook Liqquidity thesamreynolds DantesOutlook Liqquidity
Source: CoinDesk - 🏆 291. / 63 Read more »