| (USD) | Dec 2022 | Q/Q |
|---|---|---|
| Revenue | 24.3B | +13% |
| Gross Profit | 5.8B | +7% |
| Cost Of Revenue | 18.5B | +15% |
| Operating Income | 3.9B | +6% |
| Operating Expenses | 1.9B | +11% |
| Net Income | 3.7B | +12% |
| R&D | 810MM | +11% |
| G&A | 1B | +7% |
| Interest Expense | 33MM | -38% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Apple, Microsoft and other titans report earnings this coming week, with AI in focus. The Fed is expected to signal rate cuts soon.
Tesla was handed a downgrade to a sell rating on Friday, marking the fourth rating downgrade since the EV giant announced late Tuesday that second-quarter earnings sank more than 40%, worse than expected. Revenue for the quarter topped views, fueled by surging regulatory credits. TSLA edged lower Friday.
This earnings season has provided some nasty surprises from Tesla, Alphabet and others, making it hard for investors to know what to do next.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of the third quarter of 2024 showed a big divergence of returns.
Alphabet is a premium asset with growth catalysts trading at a discount valuation
On today's episode of Wealth!, host Madison Mills covers the biggest stories impacting the market, from June's PCE data to the Bitcoin 2024 Conference. June Personal Consumption Expenditures (PCE) data came in line with expectations, and Yahoo Finance Senior Reporter Jennifer Schonberger explains that the reading is good news for the Federal Reserve as it continues to tackle inflation. The print provided yet another data point strengthening the possibility of an interest rate cut in September. S...
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, showed prices rising at its slowest rate in over three years while core PCE data came largely in-line with expectations. Seana Smith and Jared Blikre help investors start the day off right, highlighting the biggest market stories this morning as the three major averages (^DJI, ^IXIC, ^GSPC) digest the June PCE print. Bank of America Securities head of US economics Michael Gapen joins the program t...
Billionaire Elon Musk is widely known for taking the lead on multiple ventures while juggling responsibilities as CEO of electric vehicle maker Tesla (TSLA). The Musk umbrella covers his private aerospace company SpaceX, the new AI startup xAI, infrastructure operator The Boring Company, and X which Musk rebranded from Twitter after acquiring it in October 2022. Musk often makes headlines for reasons beyond his business achievements due to his controversial public persona and, more recently, his...
(Bloomberg) -- Mexico’s peso crashed into some formidable global forces this week — Elon Musk, Donald Trump and the Japanese yen.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpHarris Just Showed Why Trump Is So Afraid of HerUS Accuses Famed Short-Seller Andrew Left of Securities FraudThe currency shed more than 2% in the past five
US equities (GSPC, DJI, IXIC) are jumping on Friday as Big Tech seems to be rebounding after a week that saw many investors rotate to small and mid-caps. With new economic data, the Personal Consumption Expenditures Index (PCE), signaling inflation may be under control, many expect the Federal Reserve to make its first interest rate cut in September. Catalyst Funds Co-Founder and CIO David Miller joins Catalysts to give insight into what recent economic data suggests for the Fed, the tech sector...