Alphabet’s Upcoming Q3 Earnings: A Positive Outlook for Investors $Alphabet(GOOG)$ Alphabet Inc., Google’s parent company, is set to release its Q3 earnings report, and analysts are forecasting a positive outcome. The tech giant is expected to announce 11% year-over-year revenue growth and an impressive 41% increase in net income, marking substantial improvements compared to the same period last year. Alphabet’s efforts to diversify its revenue streams beyond advertising have played a crucial role in these results, with Google Cloud and Pixel smartphone sales emerging as key contributors. Cloud Revenue Surges, Outpacing Advertising Growth Alphabet’s revenue growth is driven significantly by Google Cloud, which has b
US Financial Sector Drags Down Marke 🇺🇸 S&P 500 Index: -0.03% 📉 🇺🇸 Nasdaq Index: +0.56% 📈 🇪🇺 Stoxx 600 Index: -0.03% 📉 🇯🇵 Nikkei 225 Index: -0.60% 📉 🇭🇰 Hang Seng Index: +0.49% 📈 🇨🇳 CSI 300 Index: +0.71% 📈 🇸🇬 Straits Times Index: -0.32% 📉 US stock market showed mixed results, with the S&P 500 index giving up early gains to close flat, while the Nasdaq Composite rose 0.6%. This was due to a decline in the banking sector overshadowing gains in technology stocks, as investors grew concerned about financial stocks following disappointing earnings guidance from New York community banks. In the Asia-Pacific region, stock markets also showed mixed results, with the Hong Kong Hang Seng Index rebounding 0.5% due to renewed optimism about economic growth sparked by a recovery in Chinese real
Overview of Markets Global markets delivered mixed performances on October 25, 2024, as rising US Treasury yields and investor caution over the Federal Reserve’s potential actions weighed on market sentiment. In the US, equities experienced divergence, while European and Asian markets displayed similar cautious behavior. Earnings reports influenced markets worldwide, particularly in sectors like autos and appliances, impacting overall sentiment. US Market: Mixed Close as Treasury Yields Surge US markets ended with a mixed performance, as a surge in Treasury yields introduced caution amidst an otherwise strong earnings season. The Dow Jones Industrial Average $DJIA(.DJI)$ declined by 0.6%, closing at 42,11
PayPal (PYPL) Increased Transaction Margin Dollars and Expense Reduction Should Lift Its Q3 Earnings Result
The market expects $PayPal(PYPL)$ to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. PayPal is expected to post quarterly earnings of $1.07 per share in its upcoming report, which represents a year-over-year change of -16.9%. Revenues are expected to be $7.86 billion, up 5.9% from the year-ago quarter. Increased Transaction Margin Dollars And Ongoing Excellent Expense Discipline In Q2, PayPal reported a total transaction volume of $403.9 billion, reflecting an 11% increase compared to the same period last year. The company’s net revenues rose by 8%, reaching $7.9 billion. Its operating income Increased by 17% to $1.325 billion, with an operating margin of 16.8%, up by 1.
🌟🌟🌟When it comes to which of the Magnificent 7 stocks is the best performer, Nvidia $NVIDIA Corp(NVDA)$ wins hands down. Nvidia is sizzling hot with its share price skyrocketing a massive 193% year todate and in 2023, Nvidia has jumped 249%! Nvidia recently reached its all time high of USD 144.42. Can it go up further or is it too overpriced? Nvidia is the market leader in selling AI chips with over 80% market share. This comes not only from its strong chip offering but also the wide moat Nvidia has been able to carve out due to its CUDA software. Long before the AI frenzy, Nvidia has the foresight to create its CUDA platform to help developers program its GPUs using software that
Market Momentum and Challenges: Key Catalysts and Outlook for the Coming Weeks
Summary of the Last Trading Session and Key Catalysts The latest trading session closed with mixed results across U.S. stock markets, influenced by varied sector performances, earnings reports, and rising bond yields. $.IXIC(.IXIC)$ , heavily weighted with tech stocks, saw a slight increase of 0.6%—marking its seventh consecutive week of gains—while the Dow Jones Industrial Average declined by 0.6%, extending a five-day losing streak. SPX also ended with a modest dip of 0.03%, underlining the cautious sentiment as only 150 of its components posted gains. $Tesla Motors(TSLA)$ was the session’s standout performer, surging by 22% on Thursday following a quarterly earnings report that exceeded expectations a
Watch XLC, XLY For Notable Earnings Next Week (28 Oct To 01 Nov)
On Thursday (24 Oct), we saw the S&P 500 Consumer Discretionary sector was a top performer, gained 3.24% thanks to Tesla (TSLA) after its positive earnings which have the stocks continued to run on Friday (25 Oct) as well. In the chart below, you can see that there are five of the magnificent seven stocks reporting their earnings next week and they have significant (more than 10%) weightage in their respective sectors. In this article I will be sharing the pattern on how I think the earnings of big names could impact their respective sectors. S&P 500 Consumer Discretionary Sector Gained +0.31% As Tesla Rally Continue On Friday, we saw that Tesla gained more than 3% and helped the consumer discretionary sector to also close +0.31% higher, and we are also seeing Amazon contributing +
🌟🌟🌟ICLN $iShares Global Clean Energy ETF(ICLN)$ seeks to track the investment results of an index composed of global equities in the Clean Energy Sector. In just 1 trade I gain access to the best and strongest companies in the world that produce energy from solar, wind and other renewable sources. The Top 10 holdings include $First Solar(FSLR)$ Iberdrola SA, SSE PLC, Vestas Wind Systems, $Enphase Energy(ENPH)$ EDP Energias De Portugal SA, $China Yangtze Power Co.,Ltd.(600900)$ , Chubu Electric Power, Orsted and Suzlon Energy. The Top 10 holdings weightage is 50.5%. Tot
Weekly | This ASX 200 share is breaking records amid a massive $300 million investment
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,211.30 on Friday, down 0.88% in the past 5 days.1. $WEST AFRICAN RESOURCES LTD(WAF.AU)$ +14.73%West African Resources Ltd reported a robust third quarter in 2024, with gold production reaching 47,799 ounces and sales at an impressive average price of US$2,493 per ounce. The company remains on track to meet its annual gold production guidance, supported by a healthy cash balance of A$430 million. Additionally, significant progress was made on the Kiaka project, including a successful A$150 million share placement to fund its development.West African Resources Limited's large institutional owners mu
Do you know there is an interesting on going campaign by Tiger Trade? Yes, you will get reward when you make 2 trades for DLC issued by Societe Generale. You may find this event in the campaign center, as highlighted below. Campaign page Event introduction Whoever who completed at least 2 buy trades for any Societe Generale DLC, you will be rewarded with SGD 50 cash reward. You could get up to SGD 100, 50 for US Stock DLC and another 50 for other than the US Stock DLC. 100 SGD reward The reward was claimed 50% already. But I think you still have plenty chances to make your trades next week and get the reward. The reward was instant, within 1 minute, according to my experience. Below shows my trade on META $Meta Platforms, Inc.(META)$&
🌟🌟🌟September 26 2024 marks the turning point in Chinese stocks after the Chinese authorities introduced a series of supportive policy measures to stimulate the economy. This had sparked a massive rally for Chinese stocks. However since then Chinese stocks have been on a roller coaster ride. Nonetheless I believe the recent rally isn't really over but just taking a breather. This time the Chinese authorities have unveiled more than 10 key measures and papers since September that encompass monetary, fiscal policies on property as well as equity markets. In other words the Chinese authorities are intent on making a significant impact. $JD.com(JD)$ JD.com is one of the largest
The Special Bank. $Bank of America(BAC)$ holds a “special” place in my heart. It was one of the first few US stocks I bought, when I decided to “abandon” the HK market. It happened also after reading a post that Mr Buffett has bought into it at $24 a piece, back in late September 2020. Besides a healthy dose of dividend every quarter, the stock price at one time skyrocketed by > 100% and then consolidated. Of late, it has gradually climbed back to almost +76% of my buy-in price. While I am still holding out for a ‘possible’ +100% gain (harking back to January 2022), it did cross my mind on whether it is wishful thinking. It didn’t help to notice too that Mr Buffett has started to offload this bank’s stock since July 2024. Berkshire Hathaway’s ac
Big Tech Earnings! Who Can Replicate Tesla’s Surge?
This week saw a busy earnings season, with $Tesla Motors(TSLA)$ and election trades making the markets hot.Next week will bring the most crucial week of this earnings season, with four of the "Magnificent 7" companies and two Bitcoin-related companies $MicroStrategy(MSTR)$$Coinbase Global, Inc.(COIN)$ set to release earnings.Overall, 37% of the companies in $.SPX(.SPX)$ have reported actual results for Q3 2024 to date. Of these companies, 75% have reported actual EPS above estimates.03-s&p-500-earnings-growth-yoy-q3-2024After this earnings beats, $Tesla Motors(TSLA)$ jumped
The New York Stock Exchange announced on Friday that it plans to extend trading hours on its fully electronic exchange to 22 hours a day.Under the new plan, trading on the NYSE Arca electronic exchange will begin at 1:30 a.m. and end at 11:30 p.m. ET on weekdays, pending regulatory approval.The NYSE plans to submit the latest rule for extended trading hours to the U.S. Securities and Exchange Commission (SEC).These extended hours would still fall under what is commonly known as pre-market and after-hours trading for U.S. stocks. Trading outside of regular hours (9:30 a.m. to 4:00 p.m. ET) requires regulatory approval.The NYSE stated that the extended trading hours' clearing will continue to be managed by DTCC (Depository Trust & Clearing Corporation), which recently also announced an e
Why $HON Still Holds Appeal Despite Soft Guidance and Revenue Miss
$Honeywell(HON)$ recently posted third-quarter results that fell short of revenue expectations, which, coupled with a downward revision of its full-year sales guidance, caused its stock to decline by more than 5%. Despite these disappointments, I see Honeywell as a potential buy opportunity for several reasons, especially around its support level at $206-$208. Honeywell reported $9.73 billion in revenue for Q3, an increase of almost 6% year-over-year. However, it fell short of analysts' expectations of $9.89 billion. What caught my attention was that Honeywell still managed to post adjusted earnings per share (EPS) of $2.58, which exceeded forecasts, underscoring its ability to drive profitability even when revenue lags. While it’s not ideal that t
$Tesla Motors(TSLA)$ rise another 2.74% on Friday after a 22% surge on Thursday.Have you missed the big rally of $Tesla Motors(TSLA)$ ? Is it too late to get a share?Try Engulfing Pattern, beat the market, and get the glow up!Boost purchasing power and trading ideas with CashBoost!Market recapOn 24th, Tesla skyrocketed by 22%, marking the largest increase in a decade. The Q3 result is a huge beat, with even growing gross margin and tremendous earnings. Coupled with optimistic earnings guidance, Tesla ignited market enthusiasm. Automobile revenue resumed growth after two consecutive quarters of decline, and the gross margin of Cybertruck turned positive. Musk announced that more affordable models would be
Resetting Tesla's Q4 Trading Range, $240 No Longer a High Strike
$Tesla (TSLA)$ Waking up to see the stock price today left me dumbfounded - I thought we were targeting $260 for next week? How did it get there in a single day?No issue being wrong on my prediction, ramps like this are music to bullish ears. I mainly feel for the funds who sold those $262.5 calls as part of a covered call position and got blown through. Based on Thursday's trend, it seems highly unlikely Tesla stays below $262 next week.To be fair, the $262.5 strike wasn't an unreasonable one for institutions to sell - it represented a major long-term resistance level. Even if tagged, a pullback was likely to ensue eventually.But Musk hasn't been playing by conventional rules lately. $260 was the target? He just mashed the accelerator and blew ri
Objectively, US market is still “down” for the week (based on past 5 days performances). There isn’t really a single salient reason to account for the poor showings. The only consolation, heading into last trading day of the week (Friday) is the market recovered marginally. By the time it was 4pm: (see above) DJIA : -0.33% (-140.59 to 42,374.36). Extended thursday loss as the index’s component stock $IBM(IBM)$ shed over -6.0%, following Q3 2024 revenue miss. S&P 500: +0.21% (+12.44 to 5,809.86). Nasdaq: +0.76% (+138.83 to 18,415.49). Although there are no strong indicators to explain US market weak performances, there are two economic reports that (I believed) helped buffer the market on thursday. The two reports were : S&P Global Flash US
Hi TigersI would like to invite you to join Stock Chart Guessing Challenge. Please leave a message in the comment section of this post, and you will win Tiger coins.Look at the charts below and identify the name or stock code of corresponding stocks. (i.e. Tesla, Apple, AMC)Chart One: Trump TradeChart Two: SG StockChart Three: U.S. ETFChart Four: High-dividend stockChart Five: Tech stock🎁Event PrizesAll Tigers who comment on this post will receive 5 Tiger Coins.All Tigers who submit all correct answers to the quizzes will receive 10 Tiger Coins.The first and last Tiger who posts all the correct answers to our quizzes will be rewarded USD 5 stock voucher.⏰Event Duration25 October -1 NovemberTag your friends, join the discussion, and win coins together!💰💰💰