Apple, Amazon And 3 Stocks To Watch Heading Into Friday
Portfolio Pulse from Avi Kapoor
Apple, Amazon, Chevron, Exxon Mobil, and Cardinal Health are in focus as they report earnings. Apple and Amazon exceeded expectations, while Chevron, Exxon Mobil, and Cardinal Health are set to release their results. Amazon shares rose significantly, while Apple shares fell despite strong results.
November 01, 2024 | 7:03 am
News sentiment analysis
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NEUTRAL IMPACT
Apple reported better-than-expected earnings and sales for Q4, with revenue of $94.9 billion and earnings of $1.64 per share. Despite this, shares fell 1.8% in after-hours trading.
Apple's strong earnings report was overshadowed by a 1.8% drop in after-hours trading, indicating mixed investor sentiment. The fall in share price despite positive results suggests a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Cardinal Health is expected to report earnings of $1.62 per share on $50.9 billion revenue. Shares gained 0.1% in after-hours trading ahead of the earnings release.
Cardinal Health's slight increase in after-hours trading ahead of its earnings report suggests a neutral short-term impact as investors await the actual results.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Chevron is expected to report earnings of $2.43 per share on $48.99 billion revenue. Shares fell 0.5% in after-hours trading ahead of the earnings release.
Chevron's upcoming earnings report has led to a slight decline in share price in after-hours trading, suggesting a neutral short-term impact as investors await the actual results.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Exxon Mobil is expected to report earnings of $1.88 per share on $93.94 billion revenue. Shares fell 0.04% in after-hours trading ahead of the earnings release.
Exxon Mobil's slight decline in after-hours trading ahead of its earnings report suggests a neutral short-term impact as investors await the actual results.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Amazon reported stronger-than-expected Q3 results with net sales of $158.9 billion, leading to a 6% rise in after-hours trading. The company forecasts strong Q4 sales growth.
Amazon's better-than-expected Q3 results and positive Q4 sales forecast led to a significant 6% increase in after-hours trading, indicating a likely positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100