$Chevron(CVX)$ is scheduled to report its quarterly result for period ending 30 September 2024 on 01 November 2024 before the market open. Chevron is expected to report a fall in its quarterly revenue with a 9.4% decrease in revenue to $48.986 billion from $54.08 billion a year ago. The earnings per share estimate for Chevron is expected to be at $2.43. Volatility Coming From Geopolitical tensions and the impending U.S. elections Geopolitical tensions and the impending U.S. elections are adding volatility to the global oil market as 2025 approaches. Despite weak demand globally in 2024, OPEC+ is potentially prepared to roll back nearly 2.2 MMb/d of voluntary production cuts beginning in December resulting in downside risk for crude pricing in 2025.

Following strong quarterly results from Alphabet (GOOGL) which increased by 2.82%, stocks rose initially but stocks began their retreat giving the market a mixed performance at the end of session. S&P 500 was up by as much as 0.3%, and the NASDAQ rose by 0.4% at their peak. However, early gains faded without a specific catalyst, resulting in the S&P 500 closing 0.33% lower and the NASDAQ by 0.56%. Many stocks retreated from session highs, but the declines were relatively limited, with the equal-weighted S&P 500 dropping 0.2% compared to yesterday's close. Semiconductor stocks, especially Advanced Micro Devices (AMD), which fell by 10.62%, this pressured major indices throughout the session following disappointing earnings and weak Q4 revenue guidance. Economic Data Give Mixed P

$Exxon Mobil(XOM)$ is scheduled to release the quarterly earnings for period ending 9/2024, in their last quarter reporting, XOM reported earnings of $2.14 per share, beating the Zacks Consensus Estimate of $2.04 per share. This reflects a positive earnings surprise of 4.90%. For the next earning release, Zacks Consensus Estimate expect the company to report earnings of $1.95 per share, reflecting a year-over-year decrease of 14.1%. Recent Increase In Oil Prices To Favour XOM? On 03 October, XOM has published a regulatory filing that signalled that the slump in oil prices in third quarter where oil prices fell by 17 per cent in the third quarter, the largest quarterly decline in a year, on worries about the global oil demand outlook. Brent futures

$Apple(AAPL)$ is scheduled to report its fiscal Q4 2024 quarterly result on 31 Oct (Thursday) after market close. Market is expecting Apple to report a rise in its quarterly revenue. Apple is expected to report a 5.7% increase in revenue to $94.56 billion from $89.5 billion a year ago. Apple have given a guidance on 01 Aug 2024 for the period ending 30 September for revenue to be at $93.973 billion. The mean estimate for Apple earnings per share stands at $1.60. Apple Market Share In Global Smartphone Increase In Q3 2024 vs Q3 2023 Smartphone shipments grew by 5 percent year-on-year in Q3 2024, marking the fourth consecutive quarter of growth, according to the latest Canalys research. This surge is driven by resilient demand in emerging markets an

Tuesday (29 Oct) saw the market making an upward movement which was largely driven by mega caps and chipmakers. However, within the stocks participating it indicated a negative bias, with decliners outnumbering advancers by a 2-to-1 margin at the NYSE and by a 4-to-3 margin at the Nasdaq. NASDAQ rose by 0.78% helping it to reach a record close. S&P 500 also increased by 0.16%.DJIA fell by 0.36%, and the Russell 2000 decreased by 0.3%. The PHLX Semiconductor Index (SOX) closed 2.3% higher, while the Vanguard Mega Cap Growth ETF (MGK) settled 0.9% higher. Alphabet (GOOGL) was a significant winner, gaining 1.7% ahead of its earnings report. There are mixed earnings results coming through Ford (F) dropped 8.4%, and Pfizer (PFE) declined 1.4% after reporting their results. Conversely, McDon

$Amazon.com(AMZN)$ is scheduled to release its quarterly results on 31 Oct (Thursday) after market close. AMZN is expected to report a rise in quarterly revenue for the period ending 30 September 2024. AMZN is expected to report a 9.9% increase in revenue to $157.2 billion from $143.08 billion a year ago. AMZN's guidance on 01 August 2024, for the period ended 30 Sep, was for revenue between $154.00 billion and $158.50 billion. The consensus estimate for Amazon.com earnings per share (EPS) is expected to come in at $1.14 AI Drives Investment : Amazon AWS Market Share Amazon continues to hold the largest market share with its Amazon Web Services (AWS) at 33% of the market in Q2 2024. It is followed by Microsoft Azure with 20% of the market and Goog

$Meta Platforms, Inc.(META)$ will be reporting its earnings for third-quarter after the market close on Wednesday (30 Oct). Investors are watching whether META’s stock could keep up with its strong performance so far in 2024. Analysts expect Meta to post third-quarter revenue of $40.25 billion, surging nearly 18% year-over-year. Net income is projected to land at $13.56 billion or $5.21 per share, up from $11.58 billion or $4.39 per share a year ago. Continued Gains From AI To Optimize Its Ad Business In the last earnings in July, we saw META share price went up after they reported that they are seeing seen early gains from artificial intelligence (AI) to optimize user engagement, benefitting its ad business. For this quarter, we have Deutsche Ban

$Microsoft(MSFT)$ will be reporting their fiscal Q1 2025 earnings result on 30 Oct (Wednesday) after market close. Microsoft is expected to post a strong fiscal Q1 with Azure and AI services being the core growth drivers to look out for. Despite increased capital spending, Microsoft's robust balance sheet and cash flow ensure sustainable investments. Analysts expect Microsoft's revenue to be $64.493 billion, up 14% from the same period of the last year. Adjusted net income to be $23.249 billion, and adjusted EPS to be $3.11, according to Bloomberg's unanimous expectations. Microsoft Azure Market Share Microsoft’s revenue growth is up 17.7% year-over-year, reaching $96.2 billion, for its Intelligent Cloud offerings in 2023. This includes Azure and

Across major indices, we saw equity market closed with gains. S&P 500 and NASDAQ both rose close to 0.30% at 0.27% and 0.26% respectively. DJIA also increased by 0.65% and Russell 2000 surged by 1.6%. Many stocks saw upward movement following last week's declines at the index level. Advancers outnumbered decliners by approximately a 2-to-1 margin at both the NYSE and Nasdaq. This positive trend occurred ahead of a busy week for earnings reports. On Tuesday (29 Oct), we will be expecting the August FHFA Housing Price Index, August and August S&P Case-Shiller Home Price Index at 9am ET, followed by October Consumer Confidence, September JOLTS - Job Openings at 10am ET. Notable Earnings This Week By Influential Stocks This week we will be expecting several influential companies which

$SoFi Technologies Inc.(SOFI)$ is scheduled to release its Q3 results on 29 October before market open. Investors would be focusing on SOFI’s outlook as we are seeing improving market conditions. The consensus EPS Estimate is $0.04 and the consensus Revenue Estimate is $633.8M (+18.0% Y/Y). Lending To Be Main Revenue Contributor In Upcoming Reporting Quarter SoFi Technologies targets young, high-income individuals who may be underserved by traditional full-service banks. The company is purely digital and engages with its clients exclusively through its mobile app and website. Unlike existing digital banks, which generally have limited product offerings, SoFi offers a full suite of financial services and products including everything from student l

$SoFi Technologies Inc.(SOFI)$  $SoFi Technologies Inc.(SOFI)$  can we see $15 if SoFI have similar growth as LendingClub? If it does, we might see SOFI making a significant run!

$Alphabet(GOOGL)$ is set to report its third quarter earnings on 29 Oct (Tuesday) after the market close. Alphabet had beat the second-quarter earnings expectations on artificial intelligence (AI) momentum. For the third quarter, GOOGL is expected to report revenues of around $86.4 billion, Google’s U.S. revenues are expected to be $40.6 billion, and its revenues from other regions are expected at $45 billion. The earnings per share (EPS) is expected to come in at $1.84. Election Season Should Help Ads Revenue Which Is In Focus For Investors As competitors and legal challenges add resistance, investors would be focusing on the advertising revenue for this upcoming quarter earnings. The contentious election season should help to propel Google’s bo

On Friday (28 Oct), we saw U.S. stocks ended in mixed mode after the close. Gains in the Technology, Oil & Gas and Consumer Goods sectors led shares higher while losses in the Telecoms, Utilities and Financials sectors led shares lower. At the close, DJIA lost lost 0.61%, while the S&P 500 lost 0.03%, and the NASDAQ gained 0.56%. The stock market experienced selling pressure after six consecutive weeks of gains for the S&P 500, which closed 1.0% lower this week. The DJIA also fell, ending the week down 2.7%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1738 to 1051 and 97 ended unchanged; on the Nasdaq Stock Exchange, 1779 fell and 1515 advanced, while 114 ended unchanged. CBOE Volatility Index Up By More Than 6% The CBOE Volatility Index, which m

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.

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 +

$Advanced Micro Devices(AMD)$ will be releasing its third quarter earnings after market close on next Tuesday (29 Oct). We have seen two semiconductor stocks $Lam Research(LRCX)$ and $Western Digital(WDC)$ reporting positive earnings which helped drive their stock price higher. So how would AMD stock price be performing after the earnings report on 29 Oct? Market is expecting AMD to post earnings of $0.92 per share for the third quarter. Analysts say AMD could benefit from Intel's recent woes. Intel stock has plummeted this year on competitive and operational concerns. Can AMD Stay Ahead Of Intel In CPUs Chips? Under AMD CEO Lisa’s supervision, AMD jumped ahead of

After we have seen the market start off with a soft performance, most of the stocks closes higher. Positive bias was experienced throughout the session which was helped by the buy-the-dip action. This action was driven by surging shares of $Tesla Motors(TSLA)$ following impressive Q3 earnings and a 2025 vehicle growth estimate. The upward trend was also supported by the drop in market rates. S&P 500 closed 0.21% higher but remains 0.9% lower since last Friday. NASDAQ went up by 0.76% but still down by 0.4% for this week. DJIA was the underperformer after went down by 0.33% due to losses in IBM (IBM), Honeywell (HON), and Boeing (BA). IBM and Honeywell reported earnings results, while Boeing saw a decline as workers voted 64% against accepting

When the first reports about the design flaw emerged, some media outlets reported that TSMC was to blame, this might suggest that the relationship between $NVIDIA Corp(NVDA)$ and its foundry partner, $Taiwan Semiconductor Manufacturing(TSM)$ might have a strain. Nvidia's Jensen Huang admits AI chip design flaw was '100% Nvidia's fault' , TSMC not to blame, now-fixed Blackwell chips are in production. He has also dismissed that reports of tensions between the two companies as "fake news."  From the way on how this report was handled, how Nvidia CEO responded and also work out the plan to get the design flaw fixed. This give me as Nvidia investors confidence that they have showed strength not only in th

On Wednesday, we saw significant pressure in the stock market due to losses in major stocks and concerns about rising Treasury yields. There was a lack of influential leadership and buyer interest, which also affect the oil and precious metals market, this is despite stock ending in their worst levels with DJIA down more than 500 points. Decliners outpaced advancers by nearly 3-to-1 at both the NYSE. The economic data release with existing home sales fell 1.0% month-over-month in September to a seasonally adjusted annual rate of 3.84 million, slightly below the consensus of 3.90 million. Sales were 3.5% lower than the same period last year. These indicates that while more inventory is available, the market remains tight, as shown by the rising median home price and low mortgage delinquency

$Capital One(COF)$ is scheduled to report its third-quarter 2024 results on 24 Oct after market close. In the last reported quarter, the results were negatively impacted by higher expenses and provisions. However, an increase in net interest income (NII), along with higher non-interest income, aided the results to some extent. Further, loan balances witnessed a sequential rise in the quarter, which was a positive. COF earnings are expected to have witnessed a decrease on a year-over-year basis, while revenues are likely to have increased. Earnings per share is expected to come in at $3.77. Higher Expenses But Net Interest Income Increase Would Help Earnings Better Net Interest Income On 18 Sep, the Federal Reserve announced a 50-basis point rate cu