October 26, 2022 | Daily JAM, GOOG, Top 50 Stocks |
Alphabet (GOOG) reported a drop of 24% in third-quarter earnings after the market closed on Tuesday, October 25. Gross revenue rose just 6% to $69.09 billion. In the third quarter of 2021, revenue grew by just 6% to $69.09 billion from the third quarter of 2021. In that 2021 quarter revenue had grown by 41%. Analysts had expected earnings of $1.25 a share–instead of the reported $1.06 a share.
October 23, 2022 | AAPL, AMZN, CAT, Daily JAM, EQNR, GOOG, Morning Briefing, MSFT, PXD |
Earnings. Earnings. And more earnings. From the big bellwether technology stocks: Apple, Amazon, Microsoft, Meta Platforms, and Alphabet. Wall Street has already slashed earnings forecast for these stocks so there’s a good chance these companies will report earnings that surpass expectations even if only by a few pennies. By and large, though, these reports will show either an absolute drop from the September quarter of 2021 or, at best, a slowing of revenue and earnings growth. Key to the market’s reaction will be what these companies say about expectations for the next quarter or two. Will they emphasize what are already clear slowdowns in PC and smartphone sales? Will they speak to the elephant in the room–the U.S/China trade war? Will they say that a strong dollar plus inflation is cutting into sales outside the United States and U.S. sales to domestic customers who are showing signs of “price fatigue”?
October 12, 2022 | AAPL, Daily JAM, GOOG, Volatility |
I’m adding Puts on Apple (AAPL) and Alphabet (GOOG) to my Volatility Portfolio today as insurance against a big market dip on a bad (as in high) Consume Price Index inflation number tomorrow, October 13, and against selling in the shares of these two stocks on their earnings reports on October 27 and October 25, respectively.
April 25, 2022 | AAPL, ABBV, AMZN, BMY, CMG, Daily JAM, FB, GOOG, Morning Briefing, MSFT, PYPL |
Going into this earnings season, the hope was that strong, surprisingly strong perhaps, earnings from the big growth stocks would put a stop to the selling. Earnings would be strong enough to convince investors that the market wasn’t over-valued since at these growth rates stocks would be seen to be quick growing into current extended valuations That hasn’t exactly worked so far. But this week the earnings story from growth stocks hits its stride. If the companies reporting this week can’t make the case for growth stock earnings, there probably isn’t a growth stock story to be made in the light of Federal Reserve interest rate increases, supply chain disruptions, and fears of a recession.
January 30, 2022 | AMZN, Daily JAM, FB, GOOG, Short Term, Top 50 Stocks, You Might Have Missed |
I’m looking for a mixed bag of BIG TECH earnings from Alphabet (GOOG), Meta Platforms (FB), and Amazon (AMZN). Unless Meta Platforms and Amazon can deliver big earnings surprises, I don’t think these reports will lift the market appreciably. And the week will end with the January jobs report.
January 20, 2022 | AAPL, Daily JAM, GOOG, Jubak Picks, MSFT, Top 50 Stocks, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My ninetieth YouTube video “3 Picks on Tech Stock Guidance” went up today.
July 24, 2021 | AAPL, AMD, AMZN, Daily JAM, FB, GOOG, Jubak Picks, MSFT, Top 50 Stocks |
I hope it’s no surprise to you–I’ve been yammering away on this topic for the last two weeks after all–but next week is a big week for earnings from bellwether tech companies. The market reaction to those earnings will determine whether the current earnings based rally goes on for a while or if, instead, we get a sell on the news retreat. Tuesday, April 27, is the first big day with Apple (AAPL), Advanced Micro Devices (AMD), Alphabet (GOOG) and Microsoft (MSFT) all reporting.
April 29, 2021 | Daily JAM, GOOG, OMC, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. The twenty-first YouTube video “3 Ad Picks But Not Google or Facebook” went up today.
April 21, 2021 | AAPL, AMZN, Daily JAM, FB, GOOG, Jubak Picks, MSFT, Top 50 Stocks |
Today, April 21, as of 3 p.m. New York time, the major indexes were on track to break their three-day losing streak. At 3 p.m. the Standard & Poor’s 500 was ahead 0.65% and the Dow Jones Industrial Average had gained 0.74%. The NASDAQ Composite was higher by 0.73% and the small cap Russell 2000 had moved up 1.94%. Why the big change in tone from earlier in the week?
December 17, 2020 | Daily JAM, GOOG, Top 50 Stocks |
Democratic and Republican attorney’s general from 38 states, led by Colorado and Nebraska, have filed an antitrust lawsuit against Google (GOOG). The suit alleges that Alphabet manipulates its search results to give its own products and services greater rankings over rivals—depriving web users from seeing the best options whenever they query the web for shopping, dining, and travel
June 3, 2019 | AMZN, Daily JAM, FB, GOOG, Mid Term, Volatility, You Might Have Missed |
Both Congress and government regulators are taking aim at big tech. The House Judiciary Committee is planning an investigation into whether digital platform companies are using their market power to harm competition. The Federal Trade Commission is taking the lead in...
July 17, 2018 | Daily JAM, FB, GOOG, MSFT, Short Term, Volatility |
The Netflix (NFLX) drop yesterday (14.27%) and today (5.24%, which actually showed a recovery from the after-hours tumble) on the company's disappointing guidance for the third quarter says that we're still on track for a test of the earnings rally. But the test has...