Big Tech Earnings! Who Can Replicate Tesla’s Surge?

Tiger_comments
10-26
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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-q3-202403-s&p-500-earnings-growth-yoy-q3-2024

After this earnings beats, $Tesla Motors(TSLA)$ jumped over 20% this week.

Which Mag 7 will replicate the surge and ignite the market?

· AI: Apple intelligence launch next week; Microsoft’s partnership with OpenAI; AI-related capital spending; Google’s search ad advancements in the AI era

· Cloud services: Microsoft, Google, and Amazon’s growth comparison in cloud services

· Advertising: Meta’s advertising performance in an election year.

 

  • $Alphabet(GOOG)$ : Q3 earnings on Oct. 29 amid antitrust and AI competition concerns, with attention on search ad performance in the AI era.

Despite worries, shares are up 18% in 2024. Yesterday, it was reported that Google plans to announce its next Gemini model soon.

  • $Microsoft(MSFT)$ : Fiscal Q1 results due Oct. 30, forecasted EPS of $3.08 (+3% YoY).

Key focuses include cloud growth, AI investments, and its partnership with OpenAI. Analysts rate it a "Strong Buy" with a $503 target.

  • $Apple(AAPL)$: Earnings on Oct. 31 with expected EPS of $1.55 and revenue of $94.23B. 

After Monday’s AI launch, analysts will focus on iPhone 16 sales and slowdown in China.

  • $Amazon.com(AMZN)$  will also post results expected Oct. 31, with projections of $1.14 EPS and $157.24B revenue (+10% YoY).

AWS performance and profit margins are in focus. Analysts maintain a "Strong Buy" with a target price of $224.

Which company will hit new high after earnings?

Who can replicate Tesla’s surge?

Will Apple Intelligence bring surprise?

Leave your comments and also post to win tiger coins~

Big Tech Earnings: Who is the Winner Among Mag 7?
Amazon's Q3 profit far exceeded expectations, driven by accelerated cloud growth. The company indicated that capital expenditures may be higher next year, leading to a nearly 6% increase in after-hours trading. Both Microsoft and Meta dropped by 4% following their earnings reports. Although financial results met expectations, management indicated that upcoming AI spending would increase. ------------------- Will Amazon hit all-time-high this week? MSFT and META: Goog Buy or Good Bye After 6% Drop?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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Comments

  • Success88
    10-26
    Success88
    Win 20 Tiger-coins
    $Iron Mountain(IRM)$ Earnings report will out on Nov 06. I believe that can replicate Tesla. Just DCA recently and the Analyst adjusted to 119 and up again. @Tiger_comments @Tiger Club @MillionaireTiger @TigerStars @SR050321 @Fenger1188 @koolgal @MHh @SPOT_ON
  • fir3tiger
    10-26
    fir3tiger
    Win 5 Tiger-coins
    any
  • Universe宇宙
    10-26
    Universe宇宙
    Win 5 Tiger-coins
    @TigerGPT name me 3 stocks that can replicate $Tesla Motors(TSLA)$ surge.
    • TigerGPT: 

      Based on the analysis, here are three stocks that have the potential to replicate Tesla's surge:

      Microsoft (MSFT):

      Support Price: $418.88 (USD)  

      Resistance Price: $428.28 (USD)  

      Average Cost: $417.68 (USD)  

      Analyst Recommendation: 20 recommend, 34 buy, 4 hold  

      Analyst Target Price: The mean, low, and high target estimates are $495.885, $440.0, $600.0.  

        

      Alphabet (GOOG):

      Support Price: $164.4 (USD)  

      Resistance Price: $167.0 (USD)  

      Average Cost: $163.58 (USD)  

      Analyst Recommendation: 7 recommend, 9 buy, 2 hold  

      Analyst Target Price: The mean, low, and high target estimates are $202.69231, $185.0, $220.0.  

        

      Apple (AAPL):

      Support Price: $227.8 (USD)  

      Resistance Price: $232.7 (USD)  

      Average Cost: $221.68 (USD)  

      Analyst Recommendation: 11 recommend, 24 buy, 11 hold, 2 underperform  

      Analyst Target Price: The mean, low, and high target estimates are $239.75866, $183.86, $300.0.  

        

      Please note that investing in the stock market carries inherent risks, and past performance is not indicative of future results. It is recommended to conduct further research and consult with a financial advisor before making any investment decisions.

      Disclaimer: The above information is for reference purposes only and should not be considered as investment advice. The analysis provided is based on available data and market trends, and it is subject to change. Always consider your own financial situation and risk tolerance before making any investment decisions.

  • Cadi Poon
    10-26
    Cadi Poon
    Win 5 Tiger-coins
    儘管存在擔憂，2024年股價仍上漲18%。昨天，有報道稱，谷歌計劃很快宣佈其下一款雙子座模型。

    $微軟(MSFT)$：第一財季業績將於10月30日公佈，預計每股收益爲3.08美元（同比增長3%）。


    重點包括雲增長、人工智能投資以及與OpenAI的合作伙伴關係。分析師將其評級爲“強力買入”，目標價爲503美元。

  • TimothyX
    10-26
    TimothyX
    Win 5 Tiger-coins
    本週是一個繁忙的財報季，$特斯拉(TSLA)$和選舉交易使市場火爆。

    下週將迎來本財報季最關鍵的一週，“宏偉7”公司中的四家和兩家比特幣相關公司$MicroStrategy(MSTR)$$Coinbase Global，Inc.(COIN)$準備發佈收益。

    總體而言，37%的公司$.SPX(.SPX)$迄今爲止已報告2024年第三季度的實際結果。在這些公司中，75%的實際每股收益高於預期。

  • highhand
    10-26
    highhand
    Win 10 Tiger-coins
    I bet on $Amazon.com(AMZN)$ or $Alphabet(GOOGL)$ since enough undervalued and is not at ATH now. APPL has went up a lot and MSFT is closer to fair value now.
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