Big Tech Missed: Will they drag down the market?

Apple, Amazon and Alphabet stocks fall after mixed holiday quarter results. Apple reported a rare revenue decline for the quarter and a steeper drop than analysts had expected. Google posted a steep decline in profits as its ad sales machine came under pressure. Amazon forecast slower-than-expected sales growth for the current quarter. [TOPIC] What's your view on big tech's misses? Will tech giants' less-than-expected earnings drag down the market?

avatarlonglive100
2023-02-08
Tesla has applied with the Texas state department of licensing for a massive $700 million expansion of Giga factory Texas in Austin. $Tesla Motors(TSLA)$ The Austin Business Journal listed the four projects as part of the expansion:The largest of the four projects is for a 693,093-square-foot facility called Cell 1. That project also carries the largest price tag with an estimated cost of $368 million. Construction on the project is expected to begin Jan. 23 and complete Feb. 12, 2024.The project with the next-largest footprint is called Drive Unit and will be 423,032 square feet. That project has an estimated cost of $85 million. Construction is expected to begin Feb. 6 and complete Jan. 15, 2024.Cathode would be the
avatarupupahcai
2023-02-08

With the market rallying hard in 2023, is it really this time is different?

It has been a good start to 2023 for the stock market, with the S&P 500 and Nasdaq up 8.9% and 16.6% respectively. The price movement seems to indicate that we have won the fight against inflation and have a high chance of avoiding a recession. Is it really this time is different? Let's take a look.  10-2 yield curve remains inverted by the most since the 1980s When the 10-2 yield curve inverts, it signals that investors expect the economy to slow down or enter into a recession. Which leads to a decrease in demand for long-term bonds and an increase in demand for short-term bonds, causing yields on long-term bonds to decrease and short term bonds to increase  This is considered a strong indicator of an upcoming recession, as it suggests that investors have become p
With the market rallying hard in 2023, is it really this time is different?
avatarGggSlimeR
2023-02-07
Thanks & Do not like my comment 

What a super NFP would bring to market?

Why Jan Non-Farm Payroll beat that much?February 3rd, U.S. BLS relesed Jan non-farm payrolls, with a super number of 517,000, beat expectation of  185,000, previous number is 223,000 (revised to 260,000).Comparison between revised non-farm payrolls and the originalsBy sector, the leisure industries, medical care and other service industries have the largest increases, which is also the industry with the biggest gap before. As we mentioned, employment dismatch makes new labor flow into industries in demand.At the same time, the unemployment rate continued to drop to 3.4%, which was lower than the expected 3.6% and lower than the previous value of 3.5%. This good result refreshed the
What a super NFP would bring to market?
avatarcase.error
2023-02-06
avatarCHUMOI
2023-02-05
Ok OK [Miser] [Miser] [Miser] [Miser] 
avatarOmega88
2023-02-04
$Nasdaq100 Bull 3X ETF(TQQQ)$  The Labor Department's employment report showed that nonfarm payrolls surged 517,000 jobs last month and investors would have to reassess interest rate outlook after unexpected labour market acceleration. Big central banks this week raised interest rates to their highest levels since the global financial crisis, yet investors rushed into equities and bonds after officials hinted that the current cycle of monetary tightening may be nearing its end. Investors were buoyed after Fed chair Jay Powell said the "disinflationary process" in the US economy was under way. Although there are reports that Fed might be planning to slow down on its interest hike, perhaps they won't be slowing do
avatarcristine
2023-02-04
🥰💗☀️🌻🌞😘
avatar0QH
2023-02-04
Earnings missed? Actually earnings expectations by analysts are often not correct and this is why we should not be concerned about earnings missed. Stocks have made quite a run till date and whether the earnings or guidance meet or do not meet analysts expectation, stocks will still make a pullback. Whatever movement that is happening is just a reason used by the people who are writing to justify what has happened. Macro environment and external factors still plays a more importanbt role.  Another example of how news can be interpreted both ways.  When a company lay off staff,  a) if the stock price went up it will be written as laying off staff is a good cost cutting measure.  b) On the other hand if the stock went down, it will be written as profit is expected to
avatarbeiluo
2023-02-04
the impact of a large tech company's underperforming financial results on the stock market. While some may argue that a company's underperforming earnings can have a negative impact on the stock market, others may argue that the market has already priced in the poor financial results, and therefore the impact on the market may be limited. Additionally, there may be other factors that come into play such as overall market conditions, interest rates, economic growth, and geopolitical events, which can all impact the stock market and offset the impact of a single company's underperforming earnings. Furthermore, it's also important to keep in mind that stock market movements can be influenced by short-term emotions and sentiment, which can sometimes overreact to events such as underperforming
avatarxuany
2023-02-04
large tech company's financial performance falls short of investor expectations, it can have a negative impact on the stock market. Investors often evaluate a stock's value based on a company's financial performance and growth prospects. If a company's earnings fall short of expectations, it can indicate that the company's growth prospects are not as strong as expected, leading investors to lower their valuation of the company's stock. This can result in a decrease in the company's stock price, which can also bring about a negative impact on the overall stock market.
avatarairui
2023-02-04
They will weigh abit on the market but they will stay resilient and not really drag down the market because all of them are essential monoply in their own domains. Apple: really don't need to say too much. Many people are so deep into the system, iphone for life and mac systems for the creative side. Amazon: they have spent decades to built a reputation, the only trustable and quick delivery shopping platform. The other local platforms do offer better prices but the experience leaves much too be desired. There is also amazon Web services which have a big piece of the pie in the market. Alphabet: No need to say more. Whoever with access to the internet doesn't use their services daily? Its amazing how the authorities do not control their dominance. Microsoft: Is AI chatgpt go
avatarCrafty Burger
2023-02-04
No, they won't drag down the market, these American companies have been established since 1990s
*What's my view on big tech misses? First off, quarter earning misses are kind of expected since big tech had reported job cuts and cost cutting through various means few months back. 1 or 2 QE misses doesn't bother me. However as an investor, what bother me will be 1)Whether the businesses I invested in still have a wide economic moat?  2)Will its business model remain sustainable?  3)Can the business continue to churn in profit? 4)Can the business remain as a market leader? 5)Is there a permanent fundamental changes to its business? If yes, I will exit the business. For example, SPH and Starhub used to be a great business 20 years ago. Look at where they are now? For me Apple, Amazon and Alphabet are still the same business I know before the earnings so nothing has changed
avatarFalafulu
2023-02-04
$Meta Platforms, Inc.(META)$  Bet on still-cheap tech for strong returns Green thus declared that “tech stocks are back” and urged punters to take advantage. “Rotation into the right growth stocks will provide strong returns.” He warned, though, that this is not a time for investors to “buy everything”. “There will be big winners and losers. They must concentrate on high quality, profitable companies which can consistently maintain or steadily grow margin[s].” And despite lukewarm results, the tech giants shouldn’t be written off. “[They] still have piles of cash, in some cases hundreds of billions of dollars, and remain enormously profitable,” said Green. “In addition, these companies maintain considerable user bases, world-class research a
avatarBigCow
2023-02-04
Looking at the current trend, there still seems to be room to run
avatarBlinkfans
2023-02-03
$Apple(AAPL)$ i dun think apple will miss estimates as it has become a culture to changea apple product every year I see like some family have like 6 or 7 apple products and when things slowl down they upgrade iPad  iMac macbook all same same 
avatarnenevader
2023-02-03
Plan to read Financial freedom book from Grant Sabatier. Heard good reviews about it and hope it helps with my Financial planning.
avatarLionel8383
2023-02-03

Triple AAA - Apple Alphabet Amazon Price Levels

So yesterday was the triple AAA earnings in which Apple, Alphabet (Google's parent) and Amazon reported earnings. All three disappointed in some way, and are expected to open lower on Friday. Here are some price levels that will get me interested to add to my existing positions. AAPL Yesterday's price action actually broke above the 200 daily MA, prior to reporting earnings. On hindsight, it looked close to a previous swing high and likely to form a bull trap. First level of support at $146.50, if that is breached, then like retest $138 or even as low as $130 (which would imply almost 100% retracement of 2023's rally). Alphabet (GOOGL, GOOG) Personally I prefer GOOGL (otherwise known as Class A), they usually have larger trading volume than Class C of GOOG). The stock gapped up on open
Triple AAA - Apple Alphabet Amazon Price Levels
avatarValue_investing
2023-02-03

Don't be scared by Apple's negative growth, fundamentals are still strong

Yesterday after the bell, $Apple(AAPL)$ released its fiscal year 2023 quarterly report (corresponding to the fourth quarter of 2022 on a natural day). Revenue declined for the first time since 2019, and after the announcement, Apple's stock price took a dive after hours, eventually closing down 3.24%.Is Apple's earnings really that bad?Looking at Q1, Apple's results remain strong if we remove effects from currency exchange rates and production outages.Media reports made the market think that Apple's earnings were very bad: "Apple's revenue fell badly", "iPhones are not selling" and so on.In terms of expectations, Apple's Q1 revenue and net income were both below the consensus estimates of Bloomberg analysts, and indeed underperformed. Bu
Don't be scared by Apple's negative growth, fundamentals are still strong