Stocks and Investing
Stocks and Investing
Thu, January 30, 2025
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Big tech earnings: Live updates as Tesla misses expected earnings
- Latest earnings for four Magnificent Seven stocks are announced this week. Tesla shares fall then rebound after earnings miss
The article from MoneyWeek discusses the performance and expectations surrounding the "Magnificent Seven" tech companies—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla—as they report their quarterly earnings. These companies, pivotal in driving the S&P 500's performance, are under scrutiny for their ability to maintain growth amidst economic challenges like high interest rates and inflation. The piece highlights concerns over Apple's declining sales in China, Microsoft's potential in AI, Alphabet's advertising revenue, Amazon's cloud computing growth, Nvidia's AI chip demand, Meta's ad revenue, and Tesla's production and pricing strategies. Investors are particularly focused on how these firms are navigating the shift towards AI and other technological advancements, with each company's earnings providing insights into their resilience and future prospects in a volatile market environment.
Read the Full MoneyWeek Article at:
[ https://moneyweek.com/news/live/big-tech-earnings-magnificent-seven ]
Read the Full MoneyWeek Article at:
[ https://moneyweek.com/news/live/big-tech-earnings-magnificent-seven ]
Contributing Sources
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