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Big Technology Companies Report Earnings Soon

Big Technology Companies Report Earnings Soon

Second quarter earnings season has begun. Financials have already reported, and attention will soon turn to major technology companies like Microsoft and Apple. This article will cover some key dates and recent news on these stocks....

Do Stocks Face a Wall of Money — Even After Big Gains?

Do Stocks Face a Wall of Money — Even After Big Gains?

Stocks closed at another record on Wednesday after inflation slowed more than expected. Today we'll consider some key forces driving the rally. Are they exhausted, or could some positives remain in play? Inflation Hits Zero The consumer price index was unchanged in...

AI Boom Fades as Fundamentals Weaken: Earnings Recap

AI Boom Fades as Fundamentals Weaken: Earnings Recap

Most of the big earnings reports have now occurred, and so far they've done little to boost the market. Companies like Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Caterpillar (CAT) and Intel (INTC) reported profits above Wall Street estimates. However...

Nasdaq Surges as Traders Buy the Dip Before Fed Meeting

Nasdaq Surges as Traders Buy the Dip Before Fed Meeting

Stocks are rebounding as key earnings beat estimates and investors get comfortable with fewer rate cuts. The S&P 500 rose 2.7 percent between Friday, April 19, and Friday, April 26. The Nasdaq-100 jumped 4 percent. Those were the biggest weekly gains for both...

Microsoft and Toyota Break Out as Apple and Tesla Stall

Microsoft and Toyota Break Out as Apple and Tesla Stall

Apple and Tesla have been two of the best performing large stocks for years. But now they may be falling behind two major rivals: Microsoft and Toyota Motor. The charts below demonstrate how AAPL and TSLA remain trapped under recent highs, while MSFT and TM have...

Chart of the Day: Tight Price Action in Microsoft

Chart of the Day: Tight Price Action in Microsoft

Microsoft has paused this month as the Nasdaq-100 climbs to new highs. However, some chart watchers could look for the software giant to come off the sidelines. The first pattern on today’s chart is the December 1 close of $374.51, which became resistance. A daily...

Nvidia Is Sitting Quietly After Another Strong Report

Nvidia Is Sitting Quietly After Another Strong Report

Nvidia is the only member of the S&P 500 that's tripled this year. Now it's stuck near record highs as traders enter the home stretch into 2024. This chart highlights some a few patterns on the semiconductor giant. First, notice how prices have shown signs of...

Earnings Have Been Decent, But the Market Has Other Worries

Earnings Have Been Decent, But the Market Has Other Worries

Earnings season is off to a decent start as key themes like Artificial Intelligence boost technology results. But other issues are weighing on the market. Microsoft (MSFT), Amazon.com (AMZN), Alphabet (GOOGL) and Meta Platforms (META) all beat estimates. But they...

Options Alert: Call Spread Targets New Highs in AMD

Options Alert: Call Spread Targets New Highs in AMD

Advanced Micro Devices has climbed in the last two weeks, and options traders are looking for more gains through mid-November. Heavy volume was detected yesterday in two calls expiring next month. The trades occurred in dozens of blocks between about 1pm and 3pm ET....