Tech Giants and Industrials: Earnings Preview and Market Impact Amid Nasdaq Sell-Off and Inflation Concerns

Seattle, Washington, USA United States of America
Alphabet sales expected to jump 26% and earnings up 95% amid investor debates about the sustainability of search in an AI-first world
Boeing projected to report a Q1 adjusted loss of $1.63 per share due to commercial airplane production and mechanical issues
Economic news, including first look at Q1 GDP and key inflation items, to play a role in upcoming earnings reports
GE Aerospace expected to report a triple-digit EPS gain on an 11% rise in sales as a pure-play company
Microsoft Corporation (MSFT) and seven other tech companies to release earnings reports next week
Microsoft projected to earn $2.82 per share with sales of $60.8 billion for Q3
Nasdaq 100 Index experienced its biggest weekly drop since November 2022, marking a four-week losing streak
Nvidia Corp., an AI darling, experienced a significant drop of 10% on Friday and wiped out $212 billion in market value
Tesla will provide clarity on Elon Musk's strategy for the robotaxi and next-generation vehicle
Tech Giants and Industrials: Earnings Preview and Market Impact Amid Nasdaq Sell-Off and Inflation Concerns

Next week, investors will be keeping a close eye on major earnings reports from various tech giants and companies in different industries. The Magnificent Seven tech companies, including Microsoft Corporation (MSFT), Meta Platforms Inc. (Meta), Google parent Alphabet Inc., and Tesla Inc., are among those set to release their quarterly results.

The technology sector has experienced a significant sell-off recently, with the Nasdaq 100 Index witnessing its biggest weekly drop since November 2022, marking a four-week losing streak. The S&P 500 Index also suffered through its worst week in over a year due to concerns of spiraling conflict between Iran and Iraq.

Microsoft is projected to earn $2.82 per share with sales of $60.8 billion for Q3, while GE Aerospace is expected to report a triple-digit EPS gain on an 11% rise in sales as a pure-play company.

Tesla will provide clarity on Elon Musk's strategy for the robotaxi and next-generation vehicle. Boeing is projected to report a Q1 adjusted loss of $1.63 per share due to commercial airplane production and mechanical issues.

Alphabet reports earnings amid investor debates about the sustainability of search in an AI-first world, with sales expected to jump 26% and earnings up 95%. Nvidia Corp., an AI darling, also experienced a significant drop of 10% on Friday and wiped out $212 billion in market value.

Investors are looking for an artificial intelligence-powered rebound in the S&P 500 Index after its worst week in over a year. The Nasdaq 100 Index is expected to provide some insight into the technology sector's performance, as it experienced its biggest weekly drop since November 2022.

Economic news will also play a role, with the first look at Q1 GDP and some key inflation items. The Federal Reserve's primary inflation gauge, the PCE index report on Friday, is considered crucial for understanding the current state of inflation.


Article Image
Article Image
Article Image
Article Image
Article Image
Article Image
Article Image
Article Image

Confidence

91%

Doubts
  • Are there any potential surprises in the upcoming earnings reports that could significantly impact the market?
  • Is the sell-off in tech stocks a temporary trend or a sign of something more significant?

Sources

99%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Magnificent Seven Earnings Arrive With Stocks at Critical Moment

Bloomberg News Now Jess Menton, Saturday, 20 April 2024 20:22
  • Unique Points
    • The Magnificent Seven tech giants, including Microsoft Corp., Meta Platforms Inc., Google parent Alphabet Inc., and Tesla Inc., will report earnings next week.
    • Investors are looking for an artificial intelligence-powered rebound in the S&P 500 Index after it suffered through its worst week in over a year.
    • The Nasdaq 100 Index experienced its biggest weekly drop since November 2022, marking a four-week losing streak.
    • Technology stocks are selling off, with the Nasdaq 100 Index witnessing a plunge for the worst day since the Covid pandemic in March 2020.
    • Nvidia Corp., an AI darling, also experienced a significant drop of 10% on Friday and wiped out $212 billion in market value.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (95%)
    The authors are making a causal connection between the upcoming earnings reports of tech companies and the recent performance of the S&P 500 Index and Nasdaq 100 Index without providing sufficient evidence. This is an example of a hasty generalization fallacy.
    • ]Big Tech earnings arrive next week, right in time for investors looking for an artificial intelligence-powered rebound in the slumping S&P 500 Index[
    • Technology stocks are selling off, with the Nasdaq 100 Index registering its biggest weekly drop since November 2022
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

98%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Cramer’s week ahead: Earnings from Tesla, Merck and Big Tech

CNBC News Ashley Capoot Friday, 19 April 2024 23:33
  • Unique Points
    • Next week, major quarterly results from Verizon, Meta, Microsoft, Alphabet, Tesla, Boeing, Caterpillar, Merck and others will be released.
    • The Personal Consumption Expenditures (PCE) index report on Friday is considered the real gauge of inflation by the Federal Reserve.
    • Tesla reports quarterly results on Tuesday, concerns about weak sales and substantial decline in cash flow.
    • Caterpillar, Merck, Microsoft and Alphabet report earnings on Thursday. Alphabet’s business model based on advertising may perform badly at earnings time but developments in artificial intelligence could be a bright spot.
    • Exxon Mobil and Chevron report quarterly results on Friday.
  • Accuracy
    • Meta reports earnings after the bell on Wednesday, analysts expect rosy numbers from the social media giant.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

83%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Tech earnings season is coming, and AI is top of mind

Yahoo Finance Daniel Howley Saturday, 20 April 2024 20:24
  • Unique Points
    • Tech earnings season is expected to be eventful and focused on AI.
    • Nvidia’s explosive growth may start to taper this year, potentially affecting investor enthusiasm.
    • Microsoft will report earnings on April 25, with investors eager to learn about monetization of its AI strategy.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (30%)
    The article contains selective reporting as it only mentions the revenue growth of Microsoft and Google in the prior quarter without mentioning any potential issues or missed expectations. It also makes editorializing statements such as 'generative AI takes center stage again' and 'companies will need to start showing that the excitement is paying off.' These statements are not facts but rather opinions of the author.
    • The generative AI explosion is still reverberating across Wall Street as shares of heavy hitters like Nvidia and Microsoft continue to soar.
    • Microsoft will report earnings on April 25 as investors wait to learn more about how the company is monetizing its AI strategy.
    • Shares of Nvidia are up roughly 75% year to date and 225% over the past 12 months, as hyperscalers like Google, Microsoft, Amazon, and Meta grab as many of the company’s AI chips as possible.
  • Fallacies (90%)
    The article contains some instances of appeals to authority fallacy. The author quotes Alex Smith and Daniel Newman, implying that their opinions hold weight due to their positions in the industry. However, this does not necessarily mean that their opinions are valid or accurate.
    • > We’re forecasting it to be about an 8% growth as a kind of collective growth number for the large-cap technology companies.<q cit='Canalys head of channels research department Alex Smith'</q>
    • > Microsoft will report earnings on April 25 as investors wait to learn more about how the company is monetizing its AI strategy.<q cit='The Futurum Group CEO Daniel Newman'</q>
    • > They still have a commanding lead and share, and their influence is huge, and they are not slowing down, to their credit.<q cit='TECHnalysis Research president Bob O’Donnell'</q>
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

99%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Tesla, Microsoft, Boeing, Google, Meta Headline A Big Earnings Week

Investors.com Financial News Site Analysis - Comprehensive Report on Market Coverage and Analysis - Overall Rating: 90/100 (Highly Reliable, Informative, and Engaging Source of Financial Information). Investor's Business Friday, 19 April 2024 21:44
  • Unique Points
    • Microsoft is projected to earn $2.82 a share with sales of $60.8 billion for Q3.
    • GE Aerospace is expected to report a triple-digit EPS gain on an 11% rise in sales as a pure-play company.
    • Tesla will report earnings and provide clarity on Elon Musk’s strategy for the robotaxi and next-generation vehicle.
    • Boeing is projected to report a Q1 adjusted loss of $1.63 per share due to commercial airplane production and mechanical issues.
    • Alphabet reports Q1 earnings amid investor debates about the sustainability of search in an AI-first world, with sales expected to jump 26% and earnings up 95%.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication