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Big Name Earnings (Apple, Meta, Amazon...), Jobs Report, & More: What You Need to Know Now!


In this video we cover big name earnings (Apple, Meta, Amazon...), jobs report and more...

Massive January job boom; lowest unemployment rate since 1969. On Friday the job report showed over 500,000 jobs added in January, more than double of what it was projected.

Apple (AAPL) recovers as investors focus on Dec report numerous positives. Apple Q1 (Dec) reported top- and bottom-line losses due to an unfavorable macroeconomic backdrop, including supply chain limitations, a strong dollar, and decreasing consumer sentiment. 

Amazon (AMZN) Q4 report is not so prime. Amazon topped current-quarter estimates but gave weak first-quarter guidance. Revenue rose 9% in the company's slowest year since going public. AWS disappointed after Azure performance failure, but retail did fine. 

Alphabet (GOOG) earnings reality check, but AI prospects and cost cuts offer hope. Over the past year, most companies have signaled the advertising downturn. It's affecting Google more than analysts thought. 

Meta (META) shows better-than-expected results. Meta Platform stock has doubled in three months. On Wednesday the IT giant announced better-than-expected results, sending the stock even higher after hours. The CEO stressed that 2023 is the "year of efficiency" for the corporation, with a renewed focus on being stronger and more agile. 

Starbucks (SBUX) missed profit and revenue estimates. Starbucks' recent climb stalled as China's decline hurt DecQ earnings. Starbucks' recent run ended on Friday after the global coffee chain underperformed Q1 earnings and sales projections (Dec). China, Starbucks' second-largest market, dragged international same-store sales down 13%. 

Cathie Woods (ARKK) predicts an Amazon robotization in 2023. This week, ARK Invest released its annual "Big Ideas" report, including hypersonic flight and cancer detection molecular biomarkers. The firm predicts disrupters to rise super-exponentially to $200 trillion by 2030.

Watch the video to get the insight.

Good Trading!

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