Apple, Amazon, Nvidia and Tesla are part of Zacks Earnings Preview

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Apple, Amazon, Nvidia and Tesla are part of Zacks Earnings Preview

Zacks05-06

For Immediate Release Chicago, IL – May 6, 2024 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Apple AAPL, Amazon AMZN, Nvidia NVDA and Tesla ...

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This week’s list includes Apple AAPL, Amazon AMZN, Nvidia NVDA and Tesla ...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-amazon-nvidia-tesla-part-101000495.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple, Amazon, Nvidia and Tesla are part of Zacks Earnings Preview</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple, Amazon, Nvidia and Tesla are part of Zacks Earnings Preview\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-06 18:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/apple-amazon-nvidia-tesla-part-101000495.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For Immediate Release\nChicago, IL – May 6, 2024 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Apple AAPL, Amazon AMZN, Nvidia NVDA and Tesla ...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-amazon-nvidia-tesla-part-101000495.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLL","symbol_name":"Direxion Daily TSLA Bull 2X Shares","start_time":0,"source_url":"https://finance.yahoo.com/news/apple-amazon-nvidia-tesla-part-101000495.html","article_id":"2433199421","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/wE6dOrM0iwbGelN1.FZ0Nw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ca927092ba2727c566abf9570a667e49"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2433199421","pubTimestamp":1714990200,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Chicago, IL – May 6, 2024 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Apple AAPL, Amazon AMZN, Nvidia NVDA and Tesla TSLA.Using estimates for Nvidia, which will be coming out with its March-quarter results on May 22nd, and actual results for the other six members of the group, total Q1 earnings for the group are expected to be up +49% from the same period last year on +13.6% higher revenues.Beyond these mega-cap players, total Q1 earnings for the Technology sector as a whole are expected to be up +28.2% from the same period last year on +8.9% higher revenues.Through Friday, May 3rd, we have seen Q1 results from 400 S&P 500 index members, or 80% of the index’s total membership. Total Q1 earnings for these 400 index members are up +4.4% from the same period last year on +4.2% higher revenues, with 78.3% beating EPS estimates and 61% beating revenue estimates.As you likely know already, the Tech and Energy sectors are having the","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares","NVDA":"英伟达","AMZN":"亚马逊","AAPL":"苹果","TSLA":"特斯拉"},"translate_title":"苹果、亚马逊、英伟达和特斯拉是咤克斯收益预览的一部分","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"AMZN":1,"TSLA":1,"TSLL":1,"NVDA":0.9},"content_text":"For Immediate Release\nChicago, IL – May 6, 2024 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Apple AAPL, Amazon AMZN, Nvidia NVDA and Tesla TSLA.\nMag 7 Leadership Reflects Earnings Power\nWith Q1 results from Apple and Amazon now out, we only have Nvidia’s results still awaited at this stage of the ‘Magnificent 7’ group of companies. The sub-par growth numbers from Tesla and Apple notwithstanding, the Mag 7 group as a whole showed impressive top- and bottom-line growth numbers.\nIn fact, had it not been for the substantial earnings contribution from the Mag 7, Q1 earnings growth for the rest of the S&P 500 index would be in negative territory.\nIt is interesting to note here that the market reaction to the Tesla and Apple releases has thus far been the best of the group. This may look odd since Tesla’s Q1 earnings were down -53.4% from the year-earlier level on -8.7% lower revenues, and Apple’s earnings and revenue growth rates were -2.2% and -4.3%, respectively. But it isn’t surprising as both companies’ results proved better than what market participants had feared. We also need to keep in mind the impact of Apple’s blockbuster buyback announcement, the largest ever in history.\nUsing estimates for Nvidia, which will be coming out with its March-quarter results on May 22nd, and actual results for the other six members of the group, total Q1 earnings for the group are expected to be up +49% from the same period last year on +13.6% higher revenues.\nPlease note that the Mag 7 companies currently account for 29.9% of the S&P 500 index’s total market capitalization and are expected to bring in 21.2% of the index’s total earnings in 2024. For 2024 Q1, the Mag 7 group is on track to bring in 22.1% of all S&P 500 earnings.\nGiven their enormous earnings power and growth profile, it is hard to argue with the group’s market leadership.\nBeyond these mega-cap players, total Q1 earnings for the Technology sector as a whole are expected to be up +28.2% from the same period last year on +8.9% higher revenues.\nEarnings Season Scorecard and This Week’s Earnings Reports\nWe remain in the heart of the Q1 earnings season this week, with more than 1200 companies reporting results, including 54 S&P 500 members. This week’s notable reports include Disney, Uber, Lyft, Shopify, and others.\nThrough Friday, May 3rd, we have seen Q1 results from 400 S&P 500 index members, or 80% of the index’s total membership. Total Q1 earnings for these 400 index members are up +4.4% from the same period last year on +4.2% higher revenues, with 78.3% beating EPS estimates and 61% beating revenue estimates.\nThe Earnings Big Picture\nLooking at Q1 as a whole, total S&P 500 earnings are expected to be up +5.3% from the same period last year on +4.3% higher revenues, which would follow the +6.8% earnings growth on +3.9% revenue gains in the preceding period.\nAs you likely know already, the Tech and Energy sectors are having the opposite effects on the aggregate growth picture. Excluding the Tech sector, Q1 earnings for the rest of the index would be down -2.2%, while the growth pace improves to +8.3% on an ex-energy basis.\nLooking at the overall earnings picture on an annual basis, total 2024 S&P 500 earnings are expected to be up +8.9% on +1.7% revenue growth.\nFor a detailed look at the overall earnings picture, including expectations for the coming periods, please check out our weekly Earnings Trends report >>>> A Positive Earnings Picture Remains \nWhy Haven’t You Looked at Zacks' Top Stocks?\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\nsupport@zacks.com\nhttps://www.zacks.com\nZacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \"Terms and Conditions of Service\" disclaimer. www.zacks.com/disclaimer.\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nAmazon.com, Inc. (AMZN) : Free Stock Analysis Report\nApple Inc. (AAPL) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nTesla, Inc. (TSLA) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}