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Earnings

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for April 26th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on proprietary analysis. It includes specific price levels for potential breakouts or reversals, with a focus on price, volume, and options flow. The memo also highlights the importance of the day's economic data releases and the impact of recent earnings reports from Microsoft and Alphabet on market volatility.

Portfolio Pulse from RIPS

April 26, 2024 | 2:25 pm

IMO

Imperial Oil reported its Q1 earnings with an EPS of $1.65, surpassing the estimated $1.51. However, its sales of $9.11B fell short of the expected $12.57B.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:24 pm

META

TSLA

Meta Platforms Inc (NASDAQ:META) reported a Q1 2024 earnings and revenue beat but issued disappointing Q2 guidance, causing an 11% stock drop in extended trading. Despite outperforming expectations with earnings per share of $4.71 and revenue of $36.46 billion, its Q2 revenue forecast of $36.5 billion to $39 billion fell short of analyst estimates. Discussions on Reddit compared Meta's valuation favorably to Tesla Inc (NASDAQ:TSLA) and other tech giants, highlighting Meta's significant investments in AI and its potential impact on valuation.

Portfolio Pulse from Surbhi Jain

April 26, 2024 | 2:22 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The stock market showed resilience as PCE inflation data matched consensus, calming fears of higher inflation. Positive earnings from Microsoft, Alphabet, and a consumer spending increase supported the market. Early trades saw positive money flows into Apple, Amazon, Google, Microsoft, NVIDIA, SPDR S&P 500 ETF, and Invesco QQQ Trust, but negative flows into Meta Platforms and Tesla. The article advises investors to maintain a balanced protection band and highlights The Arora Report's accurate market predictions.

Portfolio Pulse from The Arora Report

April 26, 2024 | 2:22 pm

KLAC

KLA Corporation's shares saw an increase following the announcement of their Q3 financial results, which surpassed expectations. Additionally, the company provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:15 pm

ROG

Rogers Communications Inc. shares are trading higher following the announcement that the company surpassed both earnings per share (EPS) and sales estimates for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:10 pm

HCA

During a conference call, an executive from HCA Healthcare mentioned that the company is observing positive trends in contract labor.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:09 pm

GOOGL

MSFT

SAIA

XPO

Microsoft and Alphabet reported strong earnings, leading to gains in their stock prices. Meanwhile, the Personal Consumption Expenditures (PCE) index came in above estimates, indicating higher consumer spending. However, freight stocks like SAIA Inc. and XPO Logistics experienced a decline.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:09 pm

GOOG

META

MSFT

NVDA

Ross Gerber, a Tesla bull, highlighted the tech sector's significant AI infrastructure spending, benefiting companies like Nvidia and Meta. Microsoft and Alphabet's Google have exceeded earnings expectations, driven by AI and cloud computing. Gerber's tweet underscores the potential for companies involved in AI infrastructure to gain from this trend.

Portfolio Pulse from Rounak Jain

April 26, 2024 | 2:06 pm

AON

Aon's shares declined following the announcement of Q1 financial results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:02 pm