) reporting after the bell. Alphabet is especially on watch after the initial tremors from the digital advertising space that Snap and Twitter set off, and given the company does not provide guidance. Whether their 25% drop year to date means bad news is priced in remains to be seen.
Facebook parent Meta Platforms reports on Wednesday after market hours and has been upfront about its big investment plans for the year and the challenges it faces from Tik Tok and pandemic-related comparisons, which has seen the stock drop 50% year to date as a result. Whether they are seeing any changes and whether they are still committed to their metaverse investments will be big factors in this report.
Amazon.com reports on Thursday after hours and, like Facebook, has also shared its bit of bad news. While GAAP net income may be skewed by Amazon’s stake in), revenue momentum and how the retailing and cloud giant is handling cost inflation will both be key items. Any read-through on how the recent Prime Day sets the company up for Q3 and the back half of the year will also be important for investors.
Last but the opposite of least, Apple also reports on Thursday after hours. The champ in enterprise value among its mega-cap tech peers, Apple has also outperformed the group in 2022, down only 13.2% year to date, even ahead of the S&P 500. As pandemic-exiting related headwinds pick up and inflation makes upgrading to the latest iPhone a non-trivial task, can Apple’s
All priced in on monday morning
that's 7
Nifty open gap up 😂🤣🤣😂🤣😂🤣😂
WATCH COPPER 🤠 thank me later
and oil $